Singapore-based crypto travel platform Travala has introduced a protocol that allows artificial intelligence agents to search, reserve, and pay for hotels using USDC on the Base layer-2 blockchain. The move extends agentic AI stablecoin payments into the travel booking sector, though final payment authorization still requires manual approval from the traveler. How the Travala Travel […]
Global payments giant Visa has expanded its stablecoin settlement pilot to include Polygon and Base, among other blockchain networks, as the program reaches an annualized run rate of approximately $7 billion. The move marks a significant step in the company’s ongoing experimentation with crypto-based payment infrastructure. Expanding the blockchain settlement network Visa’s pilot, initially launched […]
Global, May 2025: The decentralized finance (DeFi) ecosystem faces a dual-pronged shockwave this week, highlighting critical tensions between infrastructure evolution and security fundamentals. In a major strategic shift, Coinbase’s Layer 2 network, Base, has announced plans to decouple its core technology from the OP Stack, the open-source codebase developed by Optimism. Simultaneously and unrelatedly, the […]
San Francisco, May 2025: In a significant move blending artificial intelligence with decentralized finance, Coinbase has officially launched its AI Agentic Wallets on the Base blockchain. This new framework represents a foundational shift, enabling artificial intelligence programs to autonomously hold digital assets and execute blockchain transactions. The system, powered by the novel x402 protocol, introduces […]
Global, May 2025: The decentralized finance (DeFi) ecosystem faces another significant security breach as the prominent DEX aggregator Matcha Meta suffers a devastating exploit, resulting in the loss of approximately $16.8 million. The incident, first reported by The Block, originated from a critical vulnerability within the platform’s integration with SwapNet, allowing an attacker to drain […]
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