Coinbase reported a $667 million loss for Q4 as transaction revenue fell 37% year-over-year. However, subscription and services revenue increased by 13% to $727.4 million, highlighting a shift in the company's revenue model.
Ethereum developers have proposed using zero-knowledge (ZK) technology to enable anonymous AI interactions. This innovation would allow users to make thousands of API calls securely without linking requests to their identities, enhancing privacy in AI applications.
In other news, three armed suspects were arrested in France after targeting a Binance employee's home, though they fled before stealing phones. Meanwhile, X Money's 'external beta' is set to launch in 1-2 months, as Elon Musk aims to make it the central hub for all monetary transactions. Additionally, Bitcoin ETFs saw $410 million in outflows after Standard Chartered cut its 2026 BTC forecast, with weekly losses reaching $375.1 million and assets under management nearing $80 billion.
Coinbase Reports $667M Q4 Loss Amid Revenue Shift; Ethereum Proposes ZK Tech for AI
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
