The U.S. Consumer Financial Protection Bureau (CFPB) is reportedly proposing a refund requirement for digital assets following a slew of crypto hacks. According to a new report by The Financial Times, the CFPB – which aims to protect consumers from unfair financial practices by institutions – is proposing a new rule that would mandate crypto […]
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According to Chainalysis, real-world tokenized assets and investment vehicles continue to be major drivers of crypto adoption.
Over 400 million crypto wallets have positive balances as the bull market continues to heat up, according to Chainalysis. The current rally is attracting institutional and retail users to crypto, particularly those transacting in dollar-pegged stablecoins.
According to a Dec. 5 report, the rise in wallets with a non-zero balance represents a clear trend that crypto adoption is steadily increasing, despite wallet addresses not necessarily indicating the number of people using a blockchain.
“It is clear that we’re experiencing a seismic shift in both perception and usage,” the Chainalysis team wrote.
New data from market intelligence firm CryptoQuant reveals that new Bitcoin (BTC) wallets are now holding a staggering 9.3% of the crypto king’s total supply. In a thread on the social media platform X, CryptoQuant chief executive Ki Young Ju says that new Bitcoin whale wallets have seen their balances increase by a massive 813% […]
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Bitget Wallet, a non-custodial crypto wallet, has now surpassed 40 million users, achieving more than 100% growth since March 2024. In September alone, the app was downloaded nearly 6 million times, making it the second most downloaded cryptocurrency application globally, just behind Binance. Bitget Wallet Gains 6M Downloads in September Sparked by TON Engagement As […]
Coinbase chief executive Brian Armstrong says that artificial intelligence (AI) agents are now making crypto transactions among themselves. In a new thread on the social media platform X, Armstrong says the top US-based crypto exchange witnessed its first AI-to-AI transaction earlier this week. “What did one AI buy from another? Tokens! Not crypto tokens, but […]
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Coinbase CEO Brian Armstrong sees the transaction as an “important step to AIs getting useful work done.”
Coinbase CEO Brian Armstrong recently oversaw his first crypto transaction completely managed by artificial intelligence bots, following several industry efforts to develop platforms for AI agents to execute transactions.
“This week at @CoinbaseDev we witnessed our first AI to AI crypto transaction,” Coinbase CEO Brian Armstrong wrote in an Aug. 30 X post.
Armstrong explained that one AI agent — basically a “bot” designed to carry out a certain task — used crypto tokens to interact with another AI agent and acquire AI tokens. These AI tokens are essentially strings of data that enable algorithms to learn from information.
Coinbase chief executive Brian Armstrong has rolled out a new “on-chain score” platform for crypto wallets. Onchainscore.xyz assesses crypto wallets for “onchain-nativeness” on a 1-100 scale and provides information about the wallet’s activity history, token swaps, bridge transactions and the number of transactions on Ethereum (ETH) and the layer-2 scaling solution Base. Armstrong shared results […]
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Tangem announced the launch of its Tangem Ring cryptocurrency hardware wallet on Wednesday, touting it as “the world’s first ring-shaped crypto wallet,” designed to “transform how people interact with cryptocurrencies.” The company stated that users can now wear their crypto, providing instant access to over 6,000 assets and various services directly on their fingers. The […]
The number of Ethereum (ETH) holders continues to rise despite the top altcoin’s declining price, according to the analytics platform Santiment. Santiment notes that ETH’s growing number of wallets comes as Bitcoin (BTC) wallets have been dropping since mid-March. “Bitcoin holders have just had their biggest three-day drop in non-empty wallets since just prior to […]
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Popular crypto wallet MetaMask is seeing a surge in active users. In a statement, MetaMask developer Consensys says that the wallet’s monthly active users (MAU) grew from 19 million to over 30 million between September 2023 and January 2024, representing an increase of over 55%. The current number of monthly active users nearly matches Metamask’s historical […]
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