Our team is doing everything we can to support in the current situation, including blocking sends to compromised wallets. We've also reached out to Binance to offer our help. Moments like this call for the industry to work together. Openly sharing any useful information and helping to protect customers should come first, regardless of which platform they use. If you can do anything to help, please do! Crypto has been through many tough times, and has always come out stronger on the other side. This won’t be any different.

We got flying cars, now it's time we get a modern financial system. Let me Coinbase-pill you for a minute. Financial services is a massive industry. All fintech companies combined capture about 4% of total global financial-services revenues, while traditional financial-services companies account for the remaining ~96%. Yet the financial services industry is going through two massive technological shifts right now with crypto and AI. This is our opportunity, and the transformation is happening fast. Crypto is replacing the rails: stablecoins let anyone move money anywhere, instantly and almost free; tokenization lets anyone own any asset; and onchain markets let them trade it around the clock. AI is replacing the interface: agents will increasingly research, decide, execute, and pay on behalf of people and businesses, putting a capable financial expert in everyone's pocket that can act for you, not just advise you. Together they can give every person and business the financial power that used to belong to a few. Coinbase exists to make that happen in a way people can trust. Coinbase is using these frontier technologies to build the best modern financial account. Crypto rails, AI interface. Trading, payments, saving, borrowing, etc all in one. We just released our Q3 earnings, and we set product records across the board despite the tough market. And I’m seeing signs that the market is turning. Some Q3 highlights: - We store more crypto than anyone in the world - We have a global regulatory foundation with 80+ licenses - 14th consecutive ATH of average USDC in CB products - 5th consecutive ATH in CB1 subs Best of all, the everything exchange is working. The progress since we announced last year has been awesome: - 4th quarter of crypto trading volume market share gains, nearly doubled since this time last year - $200M+ annualized revenue from prediction markets in Q3, one of our fastest growing products by revenue in history! With >60% daily trader growth QoQ Jobs not finished until the entire financial system is updated with these frontier technologies.

With stablecoins and x402, businesses can accept usage-based micropayments, and reduce friction to checkout. E.g. you shouldn’t need a monthly subscription to read one article - your agent can just fetch it for you, and pay the business for that one article.

All asset classes are moving onchain. Tokenized stocks and stablecoins (which are really just tokenized fiat currency) are growing fast, with more to come. We'll continue updating the financial system.

Incredibly bullish on stablecoins. ~$5T of global commerce could be driven by agents by 2030. Stablecoins are the best payment method for agentic finance (AiFi) because agents need instant, global, real time settlement, including for small amounts. We've built the infrastructure to support this at:

It may seem quaint to manually click through a financial app in the near future. Instead you'll talk to your agent to let it know what you want, and it will prompt you for approvals (or even take some actions on your behalf if you want). Everyone can have their own private banker. We’re building Coinbase to be the most AI-enabled financial account. Both with a first party interface (Coinbase Advisor) and via third party interfaces (bring your own agent). Trade, pay, borrow, etc - all through your agent, with clear limits and controls. Our new agents page is live, so you can quickly get started. Check it out:

This is arguably the best place to track what’s happening in the midterm elections. Information markets provide insight on what's likely to happen, from real people with skin in the game, not what someone wishes were true. It gets rid of the bias in traditional polls and media, so you can figure out what is actually true. Tap the "Predict" tab in Coinbase to check it out.