• 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

Robert Kiyosaki Promotes Long-Term Bull Case for Gold

chest

Investor Robert Kiyosaki maintains an aggressively bullish stance on gold, predicting a long-term target of $27,000 per ounce.

user avatarKofi Adjeman

Goldman Sachs Raises 2026 Gold Price Target to $5,400

chest

Goldman Sachs has raised its gold price forecast for 2026 to $5,400 per ounce, citing sustained demand from private investors and central banks.

user avatarAyman Ben Youssef

Powell Hints at Potential Return of Quantitative Easing

chest

Federal Reserve Chair Jerome Powell hints at a potential return to quantitative easing, suggesting the Fed may add reserves to its balance sheet, which could positively impact markets and benefit risk assets like Bitcoin.

user avatarTando Nkube

Discombobulator Claims Leave Crypto Markets Unaffected

chest

Despite Trump's claims about the discombobulator weapon, there has been no impact on cryptocurrency markets.

user avatarNguyen Van Long

Bridges: The Unsung Heroes of DeFi Interoperability

chest

Bridges and their tokens are essential for interoperability in DeFi, exemplified by Binance Bridged USDC on BNB Smart Chain.

user avatarSatoshi Nakamura

Lessons from Solana: The Importance of Early Participation

chest

The story of Solana serves as a reminder that early-stage projects often appear risky but can yield significant returns for those willing to take calculated risks.

user avatarJesper Sørensen

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.