• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Coinbase Completes First Cryptocurrency Transaction Managed by AI Bot

user avatar

by Giorgi Kostiuk

a year ago

  1. A New Era of Cryptocurrency Transactions
  2. Advantages of Using AI in Transactions
  3. Challenges and Prospects


    4. Coinbase recently made headlines by completing the first cryptocurrency transaction managed entirely by an AI bot.

    A New Era of Cryptocurrency Transactions

    According to the statement, although apayze brokers do not have access to traditional bank accounts, they can now access crypto wallets and make transactions using USDC on the Base network.

    Advantages of Using AI in Transactions

    Coinbase CEO Brian Armstrong highlighted the importance of this development and said: "AI bots can't have bank accounts, but they can have crypto wallets. They can now use USDC on the Base network to transact with humans, merchants, or other AIs."

    AI bots can't have bank accounts, but they can have crypto wallets. They can now use USDC on the Base network to transact with humans, merchants, or other AIs.Brian Armstrong

    Challenges and Prospects

    Armstrong said that while technology is advancing, the inability of AI to perform operations is a major hurdle: "Today, if you give an AI agent a task and come back a few days or hours later, it can't do any useful work. That's partly a limitation of the technology itself, and products like devin.ai are coming close to solving that. But another reason is that AIs can't do the processing to get the resources they need."

    Today, if you give an AI agent a task and come back a few days or hours later, it can't do any useful work. That's partly a limitation of the technology itself, and products like devin.ai are coming close to solving that. But another reason is that AIs can't do the processing to get the resources they need.Brian Armstrong

    This marks a significant step forward in using AI for cryptocurrency transactions, opening up new possibilities for further technological advancements.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Apemars Transforms Meme Culture into a Mission on Ethereum

chest

Apemars is redefining participation in the meme coin space by offering a story-driven journey on the Ethereum blockchain.

user avatarMohamed Farouk

Hedera Offers Enterprise-Grade Blockchain Solutions for Meme Coins

chest

Hedera provides enterprise-grade blockchain solutions that support meme coin projects.

user avatarBayarjavkhlan Ganbaatar

Chainlink Provides Stability in Meme Coin Portfolios

chest

Chainlink is emerging as a critical stabilizing force in the meme coin market.

user avatarTenzin Dorje

China's Crackdown on Bitcoin Mining Causes Price Drop

chest

China's intensified crackdown on Bitcoin mining, especially in the Xinjiang region, has led to a significant drop in Bitcoin's price due to the offline status of around 400,000 miners and an 8% decrease in the network's hashrate.

user avatarElias Mukuru

Zcash Breaks Descending Channel and Forms Higher Lows

chest

Zcash (ZEC) has broken out of a descending channel, forming higher lows and showing strong momentum as it trades around 452.

user avatarMaria Fernandez

Zebra 310 Update Enhances Zcash Network Performance

chest

The release of Zebra 310 improves network performance and compatibility for Zcash, reinforcing infrastructure.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.