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After Google mapped an adult male fruit fly's brain, software engineers made it play Doom, Mario64, and Beat Saber
Software engineers have successfully trained a 3D model of a male fruit fly's brain, mapped by Google, to play video games including Doom, Super Mario 64, and Beat Saber. While the Doom playthrough is described as not very good, the Beat Saber performance is noted as surprisingly competent, with ongoing efforts to improve its reactive capabilities.
Deribit Moved 90% of Client Assets to Coinbase — Now Its Daily Proof-of-Reserves Check Is Going Away
Deribit will retire its public Proof of Reserves page on September 1, citing a shift of 90% of client assets to Coinbase custody arrangements. This change removes a daily, publicly verifiable check of customer balances against wallet holdings, replacing it with less accessible, on-request reporting. While not indicating a reserve shortfall, the move reduces customer transparency and self-verification capabilities.
Coinbase and Better Roll Out Bitcoin-Collateralized Home Loans Across the US — No Margin Calls Attached
Coinbase and Better Mortgage have launched Bitcoin-collateralized home loans across the United States, allowing borrowers to use BTC as collateral instead of selling it. The product, which went live on August 26, 2026, features no margin calls, shifting volatility risk to the lender. This development is seen as a significant step for cryptocurrency adoption within traditional finance and could impact the infrastructure for Web3 gaming.
Bitcoin Tags $70,000 for the First Time Since June 2 — The Three Forces Behind the Break
Bitcoin briefly surpassed $70,000 for the first time since June 2, driven by political developments and a Treasury Department bond buyback operation. President Donald Trump's support for the Digital Asset Market Clarity Act and a scheduled procedural vote in September are seen as positive catalysts, while increased liquidity from Treasury operations also contributed. However, concerns about potential interest rate hikes from the Federal Reserve and ongoing disagreements over crypto legislation could impact future price movements.
CLARITY Act’s odds slide to 10% as Trump hosts Coinbase, Ripple and Wall Street exchanges
The odds of the Digital Asset Market Clarity Act being signed into law have significantly decreased, with predictions now as low as 10%. This comes as President Donald Trump is set to host executives from major crypto exchanges like Coinbase and Ripple, alongside traditional Wall Street players and regulators, for a meeting on August 19th. The bill faces challenges due to disagreements over ethics, restrictions on government officials, and stablecoin rewards, with limited time remaining in the legislative calendar.
Base Builder Code data goes public with new tracker — Champz reports 40,000 transactions
A new tool called BaseBuilderCodes.com, developed by Matt Wong and powered by Coinbase's SQL API, allows users to track on-chain transactions related to Base Builder Codes. Champz reported approximately 40,000 transactions across its two apps, Legends of Champz and its miniapp, over six months, highlighting the utility of Base's ERC-8021 attribution layer for rewards and leaderboards.
Sky Mavis restores Ronin Wallet’s fiat purchase site after lengthy downtime
Sky Mavis has restored the fiat purchase functionality within the Ronin Wallet after an extended period of downtime. The purchase site, which allows users to buy crypto with traditional currency via the +Fund feature, is now operational again. The outage was attributed to necessary updates, with the company providing limited details on the duration or specific providers affected.
MARA Dumped 91% of Its Q2 Mining Output, Then Staked 18,750 BTC on an AI Data-Center Bet It Won’t Fully Explain
MARA Holdings sold 91% of its second-quarter Bitcoin mining output and then leveraged 18,750 BTC as collateral for new debt to fund the purchase of a power generation site for AI workloads. The company secured $750 million in loans from Coinbase and Two Prime, but the exact amount of unrestricted Bitcoin remaining and the liquidation price are not disclosed, creating significant financial risk.
“A Moonshot”: Clarity Act Ethics Text Under White House Review as Senate Recess Closes In
The Clarity Act, a bill concerning cryptocurrency regulation, is facing a tight deadline for Senate review before a scheduled recess. Ethics language for the bill is currently under White House review, with Senator Thom Tillis stating that passage before the break would be a "moonshot" unless the Senate delays its departure. Despite industry support, the bill's progress is hindered by ongoing negotiations and procedural hurdles.
Base’s July scoreboard: 25 ecosystem launches, with Morpho fixed-rate credit and o1’s B20 pad on top
Base reported 25 ecosystem launches in July, highlighting Morpho Midnight's fixed-rate markets and o1.exchange's B20 token standard. This occurred as Jesse Pollak stepped down from running the Base app, stating that on-chain social experiments had "disintegrated completely." The B20 standard went live on mainnet on July 8, with o1.exchange seeing significant token creation and trading volume within days.
MoonPay puts a non-custodial Solana wallet inside ChatGPT and Claude with PayBox
MoonPay has launched PayBox, a non-custodial cryptocurrency wallet that integrates with AI chatbots like ChatGPT and Claude. This allows users to manage crypto assets, trade, and make purchases directly within chat interfaces across multiple blockchains including Solana and Ethereum. The system uses multi-party computation for key security and offers two permission modes for transactions.
Samsung Commits Galaxy Wallet to Stablecoins Without Naming a Partner or a Launch Window
Samsung has announced that its Samsung Wallet will soon support stablecoins, making it one of the first major mobile brands to do so. While a specific launch window, issuer, or blockchain were not disclosed, a mockup showed Circle's USDC. This move integrates digital value transfers into the default wallet for Galaxy devices, which already facilitates crypto purchases through Coinbase for millions of users.
Sui Launches Hashi Testnet, Bringing Bitcoin-Backed Lending Closer to Mainnet
Sui has launched its Hashi testnet, enabling developers and institutions to trial Bitcoin-backed lending applications before the mainnet release. This system allows native Bitcoin to be used as collateral on the Sui network without leaving the Bitcoin blockchain, governed by smart contracts and secured by a new Guardian Layer for enhanced safety. Over 25 partners, including major custody and trading firms, are testing the infrastructure, with legal analysis suggesting deposits and redemptions may not be taxable events in the U.S.
Moonbeam Transfers GLMR Token to Base Following Polkadot Departure
Moonbeam is migrating its GLMR token from the Polkadot network to Base, an Ethereum Layer 2 solution developed by Coinbase. Token holders must bridge their GLMR tokens at a 1:1 ratio by July 31, as the parachain will cease operations. Following the migration, Moonbeam will focus on facilitating decentralized economic coordination among AI agents.
Visa, Mastercard and Coinbase have launched a new global stablecoin
Visa, Mastercard, and Coinbase have partnered to launch a new global stablecoin. This venture aims to leverage the existing infrastructure of these major financial institutions for a new digital currency.
Meta took down over a million scam accounts in joint operation with Microsoft, SpaceX and DOJ
Meta, in collaboration with Microsoft, SpaceX, Coinbase, the Department of Justice, and international law enforcement, has taken down over a million scam accounts. The operation specifically targeted scam networks operating in Southeast Asia.
Coinbase lays off nearly 700 workers in 'AI-native' restructuring
Coinbase has laid off nearly 700 employees as part of a strategic restructuring focused on becoming an 'AI-native' company. CEO Brian Armstrong cited a downturn in cryptocurrency markets as a contributing factor to the decision.
Anichess $CHECK Token Debuts on Coinbase with Gambit Mode Rewards
The $CHECK token, primary to the Anichess platform developed by Animoca Brands and Chess.com, has debuted on Coinbase, leading to a 60% price surge. Anichess also launched its Gambit Mode, offering 250,000 CHECK in weekly prizes to incentivize competitive play and token utility.
Trump appoints Nvidia's Jensen Huang, AMD's Lisa Su, Meta's Mark Zuckerberg, and more to science and…
President Trump has appointed a business-heavy group to the reestablished President's Council of Advisors on Science and Technology (PCAST). The council includes CEOs from major tech companies like Nvidia, AMD, Meta, Oracle, and Dell, alongside venture capitalists and researchers. The stated goal is to ensure American technological dominance in fields such as artificial intelligence and quantum computing.
