Build Abundance

[Mark Jeffrey @markjeffrey]

New $TAO book just dropped on Amazon:

https://t.co/5Sjwg8GPoS

[SpaceX @SpaceX]

Teams encapsulated 32 payloads ahead of Falcon 9’s launch of the Bandwagon-5 rideshare mission from Florida → https://t.co/2mTwEZE4mX

[Build Abundance @AccelAbundance]

@coinbase missed the quarter, but the market may be overpricing near-term weakness while underpricing its agentic AI optionality. If it becomes the financial rails for autonomous software, this remains one of the most compelling asymmetric bets in fintech.

[Uttam @uttam_singhk]

ok so it looks like the coinbase circle commercial agreement has automatically renewed this month for next 3 years under the same terms after the renewal conditions were met

that means coinbase still gets:

- 100% of reserve interest from USDC held on coinbase
- 50% of reserve revenue from USDC held off-platform

I remember seeing a popular thesis that the agreement would end this august and coinbase and circle would quietly go their separate ways. well maybe it was just FUD after all.

[Milk Road Crypto @milkroaddaily]

Coinbase's Bitcoin dependency is basically gone.

88% of net revenue now comes from something other than Bitcoin spot trading. Subscription and services alone hit 48% of net revenue.

They also cut hard into the downturn:

Adjusted expenses down 9% quarter over quarter, headcount from 4,988 to 4,321, and the full year expense outlook trimmed to $4.2 to $4.45 billion.

That combination produced a 14th consecutive quarter of positive adjusted EBITDA ($208 million) - in a market like this one!

But the balance sheet discipline isn't what we're excited about. 👇

[Build Abundance @AccelAbundance]

@farzyness If this is going to happen is it better to buy $SPCX now or $TSLA at the current stock price?

[CBduck @CoinbaseDuck]

The volatility is the price of admission.

Volatility is the membership fee. I’m a lifetime $COIN member.

[Base @base]

Momentum is building on Base.

Here’s 25 things the Base ecosystem launched and announced in July.

1) @morpho launched Morpho Midnight, Fixed Rate Markets, and a new Markets App. Allowing users on Base to lend and borrow at fixed rates.

2) @o1_exchange introduced the B20 launchpad to create and discover B20 tokens on Base in seconds, without code.

3) @bankrbot crossed $5B in total volume traded onchain through Bankr.

4) @tenorfinance, a fixed-rate lending and borrowing platform for asset managers and large borrowers, went live on Base to provide access to onchain lending markets.

5) @numoforex presented the first stablecoin-settled USD/NGN futures exchange, unlocking Nigerian Naira DeFi opportunities on Base.

6) @noon_capital went live with its digital dollar, built with institutional-grade security, on Base.

7) @definitivefi launched Flash Agents, delivering advanced orders, smart routing and resilient execution on Base.

8) @doppler_fi expanded to Base, starting with infrastructure for cbXRP and paving the way for more tokenized assets over time.

9) @cloudflare announced Monetization Gateway, which will allow you to charge for any web page, dataset, API, or MCP tool behind Cloudflare with stablecoins on x402.

10) @apify launched 20,000+ tools accessible through x402, giving autonomous agents access to the largest marketplace of web automation tools.

11) @spiko, with @coinbase, now lets USDC and EURC settle directly into regulated, yield-bearing UCITS liquidity funds on Base.

12) @centrifuge issued over $50 million in tokenized AAA CLOs on Base as part of Ethena’s ongoing diversification of its collateral with institutional credit.

13) @avantis announced the rollout of Avantis V2 on August 12, featuring expanded RWA access, zero-commission trading, and more.

14) @midasrwa launched on Base to bring its composable onchain investment products to one of the largest onchain finance ecosystems.

15) @askvenice raised $65 million in a round led by Dragonfly at a $1 billion valuation, to expand its private and uncensored AI platform as an alternative to mainstream models.

16) @ethos_network launched Ethos Trade, a beta version of its Reputation Markets v2 that lets users trade anyone’s reputation onchain.

17) @liveframe shipped a tool for UGC creators, streamers, and clippers to monetize their attention and get paid through its next-generation distribution platform on Base.

18) @liminalcash launched Nim, an AI financial agent on Base that lets users move money, split bills, invest, and handle banking tasks through simple conversation.

19) @opal_dex announced Production V1 of its privacy-first perpetual DEX on Base, with invite-only access and limited capacity now live for stress-testing.

20) @birchhill_io launched its first onchain product: a permissioned USDC credit market on Base backed by tokenized real estate equity.

21) @pixiechess opened its new Free Brawl game mode on Base, offering no-entry-fee play with real rewards.

22) @trueo_ launched user-created markets on its permissionless prediction platform, letting anyone ask questions, create markets, and earn.

23) @korprotocol shipped KOR ID on Base, a unified verified identity that unlocks access to its full suite of apps and enables instant agent payments on deal close.

24) @niftyisland launched Prize World, a new play mode powered by Base for collecting authenticated trading cards and unlocking rewards.

25) @freedomfactory announced PQ1, the world’s first fully post-quantum hardware wallet, live on Base.

[Brian Armstrong @brian_armstrong]

We're shipping faster than ever before, with greater quality, and greater token efficiency.

AI is both helping us update the financial system and helping us build financial infrastructure for AI agents!

[Brian Armstrong @brian_armstrong]

As the largest crypto custodian in the world, @coinbase is here to help 🫡

There is a lot we can say about secure storage, but air-gapping keys (so they never touch the internet) and distributing them (with consensus protocols), helps convert some (but not all) of the cybersecurity challenges you mentioned into physical security ones.

[Jensen Huang @JensenHuang]

For my first post, I’m sharing a letter @NVIDIA signed on why open models matter.

AI will transform every industry, power every company, and be built by every country.

Open models strengthen safety and cybersecurity, accelerate innovation and diffusion, and enable sovereignty.

The world needs both frontier closed models and frontier open models.

https://t.co/AUKzoQ5Ikb

[Brian Armstrong @brian_armstrong]

While Quantum computing isn't an immediate threat to Bitcoin, we're making sure Coinbase and the broader ecosystem are prepared well before a sufficiently powerful quantum computer arrives.

[@jason @Jason]

What’s the best open source version of Claude Cowork that a) allows you to plug in @OpenRouter or @bittensor b) works with local models and c) is optimized for the average knowledge worker (Hermes and OpenClaw too complex for normies)

Right now Perplexity computer is my best choice (doesn’t do local models yet)

[Build Abundance @AccelAbundance]

@javpixel_art Please let me in!!

[@jason @Jason]

bittensor:native = ai sovereignty

Please buy just one $tao on @coinbase for two reasons:

1. “bet to to learn” while…

2. … you support “a third way” to protect sovereign intelligence

This is financial and philosophical advice.

Worst case you lose $200, best case you help support a movement and make a 2-3x

Pure speculative bet

So again, I’m explicitly telling each of you to vote $200 on a $TAO future — not to make money necessarily, but to support “the third way!”

You will provably lose all $200

Please hit like to confirm you understand this terrible financial advice I’ve given you!!! 😂😂😂

I have 750k bet on $tao

I think it’s the most inspiring open source crypto project since solana:So11111111111111111111111111111111111111112 and bitcoin:native

[Demis Hassabis @demishassabis]

https://t.co/PTeDiv1b6L

[Build Abundance @AccelAbundance]

@CookingTao_ Nope

[siamkidd @SiamKidd]

In this live presentation at the "Inside Bittensor" event by DSV Fund, Siam opens up the day with a fascinating insight into the evolution of money and networks. He shares:

💶 Why money is crystallised work energy.
🕸️Why most things we use are by-products of defence networks.
🪙How Bitcoin is revolutionising energy storage and transfer.
🤖Why AI is progressing MUCH faster than people think.
🌎Why Bittensor is the 3rd great global network that might transform AI.
⚡️Why the independent AI start ups in the Bittensor ecosystem can move much faster than centralised AI labs.
🚀Why Bittensor is mimicking the growth of Bitcoin, but faster...

[Build Abundance @AccelAbundance]

Bitcoin miners on every satellite = data centers in space pay for themselves from day one. Mining covers the launch cost while AI customers ramp. No wasted watts.

@saylor: Bitcoin works in space.
@elonmusk: Starship makes the math work.
$BTC pays for orbit.

[Marc Andreessen 🇺🇸 @pmarca]

Long optimism.