A Senate procedural vote to advance the Clarity Act failed 50-49, short of the 60 votes needed, halting progress on legislation meant to create a comprehensive regulatory framework for digital assets. Republicans had added ethics provisions over the weekend to address Democratic concerns about officials profiting from crypto ventures, but the changes failed to win over enough Democrats, including negotiator Sen. Ruben Gallego, who said the ethics compromise was insufficient.
cnbc.com
· 2026-09-15
Bitcoin, XRP and crypto-linked stocks including Coinbase traded lower in premarket sessions as investors awaited a Senate vote on the Clarity Act, legislation that would establish regulatory rules for digital assets. Market sentiment across the sector has turned cautious ahead of the outcome.
fastcompany.com
· 2026-09-15
A Coinbase engineer created 'Stonkfly,' an open-source simulation of a male fruit fly's brain and eyes containing 166,700 neurons and 25.6 million synaptic connections, and set it loose reading candlestick charts to buy, sell or hold cryptocurrencies. The virtual fly perceives price charts as raw pixel data through simulated photoreceptors, acts roughly every 500 milliseconds, and receives a dopamine-like reward signal for profitable trades and an aversive signal for losses, with trading fees also counted as losses.
tomshardware.com
· 2026-09-12
Coinbase CEO Brian Armstrong told CNBC he expects the Clarity Act to pass the Senate on Sept. 15, citing support from crypto firms, banks and law enforcement groups. He added that even if the bill fails, the SEC and CFTC have signaled readiness to issue their own rulemaking, meaning digital asset oversight will be clarified either way.
cnbc.com
· 2026-09-10
Major employers including Accenture, Disney, Meta, JP Morgan, KPMG and Coinbase are now measuring staff AI adoption through leaderboards, training mandates and performance reviews, with some firms firing employees who don't comply. Accenture's CEO has openly stated that career advancement now depends on integrating AI into daily work, while a US consultancy executive describes unofficial pressure to show AI fluency to avoid being sidelined.
bbc.co.uk
· 2026-09-08
Coinbase CEO Brian Armstrong told the Katie Miller Podcast that he views philanthropy as often a 'net negative on the world,' arguing that charitable foundations tend to get 'captured by ideology.' Despite an estimated net worth of $8.7 billion, Armstrong said he has decided not to pursue large-scale giving, contrasting his stance with figures like Bill Gates.
futurism.com
· 2026-08-31