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Coinbase co-founder and CEO Brian Armstrong stated that The Wall Street Journal is writing a report blaming the failure of the CLARITY Act on Coinbase and himself. He mentioned that the newspaper has repeatedly taken an adversarial stance towards CLARITY in related reports and echoed the views of banking lobby groups.Armstrong stated that in January of this year, he opposed a draft that was about to be submitted for committee vote due to significant issues in areas such as DeFi, tokenization, CFTC authority, and stablecoin rewards, which could harm the crypto industry, and that support was scattered and difficult to pass. Afterward, multiple parties modified the draft, and about four months later, the version submitted to the committee had addressed the aforementioned four issues. He expressed that the final draft submitted to the Senate is good and he strongly supports it, and will continue to advocate for clear rules that treat crypto fairly.

According to Arkham monitoring, the Zcash whale address t1Lyq transferred approximately $362.56 million worth of ZEC last night, with $15 million deposited into Coinbase, marking the first recharge to the trading platform by this address in 10 months.Ten months ago, this batch of ZEC was worth approximately $163.88 million. Arkham stated that the whale has realized a paper profit of about $361 million from holding ZEC since 2025.

Coinbase posted on platform X that Coinbase Derivatives, LLC is a designated contract market registered with the U.S. Commodity Futures Trading Commission.The risks of futures trading can be high, and each investor must assess whether this investment is suitable for themselves.

According to The Wall Street Journal, Coinbase has applied for regulatory approval to launch perpetual contracts linked to major U.S. stocks on its regulated derivatives platform in the U.S., targeting about 50 to 60 stocks, including Apple, Microsoft, Tesla, and Nvidia, with plans to launch within the year after approval. The product is intended to be listed by Coinbase Derivatives and traded by Coinbase Financial Markets for clients, requiring approval from the SEC and CFTC.The report states that Coinbase is already offering cryptocurrency perpetual contracts and thematic stock index perpetual contracts in the U.S., and has launched individual stock perpetual contracts for non-U.S. users in March this year. At the end of May, the CFTC approved the listing of perpetual contracts on registered platforms in the U.S. Individual stock perpetual contracts are currently mainly traded on the decentralized exchange Hyperliquid and have not yet landed on regulated platforms in the U.S. The prediction market platform Kalshi has also applied to launch regulated individual stock perpetual contracts.

According to Onchain Lens monitoring, a certain whale withdrew 55,800 HYPE from Coinbase, worth approximately 4.65 million USD; over the past 9 days, a total of 107,900 HYPE has been withdrawn, worth approximately 9.11 million USD.

According to monitoring by Lookonchain, BlackRock deposited 54,096 ETH (worth 131.7 million USD) and 2,015 BTC (153.8 million USD) into Coinbase Prime.

According to Front Office Sports, NBA superstar LeBron James' commercial contract with the prediction market platform Polymarket could be worth $15 million per year.Renowned basketball journalist Siegel pointed out that, based on the current understanding, commercial collaborations between NBA players and external companies do not necessarily violate the existing labor agreement. However, the issue arises if players in the future accept lower NBA contracts to create salary cap space for their teams in exchange for significant off-court income. Such arrangements could effectively resemble "salary cap circumvention." Even if they do not directly violate the rules in form, if there is a clear linkage between off-court income and team salaries, the NBA may pay closer attention to such operations in the future.

Onchain Lens reported that BlackRock accumulated and withdrew 656.71 BTC (approximately 49.79 million USD) and 5150 ETH (approximately 12.28 million USD) from Coinbase Prime, totaling approximately 62 million USD.

Coinbase announced that it will launch BLUE CHIP (BLUECHIP) spot trading today.If liquidity conditions are met, the BLUECHIP-USD trading pair will open later today in supported trading regions.

According to the official announcement, Coinbase today added BLUE CHIP (BLUECHIP) and Ritual (RITUAL) to the asset listing roadmap.

Coinbase Chief Policy Officer Faryar Shirzad commented on the failure of the CLARITY Act to pass a key procedural vote, stating that the U.S. Congress has given their answer: the legislative path is blocked, and there should be no further expectations. The SEC and CFTC, the two major regulatory agencies, can issue clear regulatory rules using their existing authority.With about seven weeks until the midterm elections, crypto voters should use their ballots to retaliate against the lawmakers who voted no.

According to Onchain Lens monitoring, Morgan Stanley's MSBT Bitcoin ETF has accumulated and withdrawn 123.21 Bitcoins from Coinbase Prime, equivalent to approximately 9.33 million dollars at the time of the quote.

Coinbase co-founder and CEO Brian Armstrong stated that the CLARITY Act did not advance in the Senate today, which is disappointing. Although bipartisan dialogue may continue and the bill still has potential for follow-up, we can no longer wait for Congress.Armstrong indicated that the SEC and CFTC already have the tools to establish clear rules under their existing authority and are expected to seriously move forward; clear rules in the crypto space will still come. GENIUS is already the current law in the stablecoin sector, with more lenient rewards. CLARITY made some concessions that were difficult to accept, and perhaps this is better.He stated that crypto cannot be canceled once it has been invented, and as regulators bring clear rules, the financial system will continue to be updated.

According to Onchain Lens monitoring, BlackRock purchased and withdrew 1,698.44 bitcoins from Coinbase Prime, worth approximately 130 million dollars, and 11,700 ETH, worth approximately 28.3 million dollars.

X has launched the U.S. Cashtag Partner Program, with partners including Coinbase, Kraken, Gemini, Interactive Brokers, and Moomoo.Users can click on supported stocks, ETFs, or cryptocurrency Cashtags to view price charts and related posts, then select "Trade" to jump to the app or website of the participating broker. Trades are executed by the broker, not on X.

Coinbase Vice Chairman Ryan VanGrack stated on CNBC that the era of uncertainty in cryptocurrency regulation is coming to an end, and clear rules will come through Congress or regulatory agencies.VanGrack mentioned that the over 600-page CLARITY Act is closer than ever to gaining bipartisan support, backed by law enforcement groups, Wall Street firms, and crypto voters. He also stated that the SEC and CFTC have clearly indicated that new rules will be introduced regardless.VanGrack said: It's time to choose policy over politics and get this done.

According to Whale Alert monitoring, a certain address transferred 1,000 bitcoins to Coinbase, worth approximately 76.37 million dollars.

Stablecoin company Fin.com announced the completion of a $20 million seed round financing, led by Expa and Uber co-founder Garrett Camp, with participation from Coinbase Ventures, Tenet Fund, Figure founder, Mesh founder Bam Azizi, Second Sight Ventures, and Gulf and African sovereign and royal family offices.Fin.com was co-founded by Bangladeshi founder Nabeel Alamgir and Pakistani founder Mustafa Dar, dedicated to solving the "last mile" problem of stablecoin conversion to local bank accounts or digital wallets, providing white-label payment infrastructure to financial service companies, consumer platforms, and prediction markets. Its client platforms collectively serve over 800 million users. The company focuses on markets in South Asia, Africa, and the Middle East, with offices currently in New York, Las Vegas, Dubai, Dhaka, Bangalore, and Lahore.

According to The Block, Cathie Wood's Ark Invest sold most of its holdings in Coinbase, Circle, Bullish, and Bitmine as cryptocurrency-related stocks rose. The specific sales included $7 million in Coinbase, $13.87 million in Circle, $3.96 million in Bitmine, and $687,700 in Bullish stocks.Ark also reduced its holdings by $40 million in its own issued Ark 21Shares Bitcoin ETF (ARKB).