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Coinbase Announces Launch Date for Its Innovative Base Protocol

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Coinbase, one of the leading cryptocurrency platforms in the world, has announced the testnet launch of Base, a new Ethereum Layer 2 (L2) network that aims to bring the next billion users to web3. It is a secure, low-cost, developer-friendly solution that allows anyone to build decentralized applications (dapps) on-chain.

Base is built on top of Optimism, an open-source project that enables scaling Ethereum using optimistic rollups. It leverages the underlying security of Ethereum, along with Coinbase’s best practices, to enable users to easily and safely access Base from Coinbase, Ethereum L1, and other interoperable chains.

Coinbase Aims to Onboard One Billion People Worldwide

Base is designed to be a home for Coinbase’s on-chain products and an open ecosystem where anyone can build. Developers can benefit from seamless Coinbase product integrations, easy fiat onramps, and powerful acquisition tools that enable them to reach the 110M+ verified users and access $80B assets on the platform in the Coinbase ecosystem. 

Coinbase Base

It also offers full EVM equivalence at a fraction of the cost and is committed to pushing forward the developer platform. For example, developers can set up gasless transactions for their dapps with easy APIs for account abstraction, and securely build multichain applications with easy-to-use bridges.

The protocol aims to be decentralized, permissionless, and open to anyone with the vision of creating a standard, modular, rollup agnostic Superchain powered by Optimism. Coinbase is joining Optimism as a Core Dev on the open-source OP Stack, and working to create a thriving community of other developers. It has no plans to issue a new network token. Developers can get started building on Base today at base.org.

 By offering a secure, low-cost, developer-friendly Ethereum L2 network that is empowered by Coinbase and open source, Base hopes to enable anyone, anywhere, to build dapps that can scale and reach mass adoption. It is expected to launch its mainnet later this year.

The post Coinbase Announces Launch Date for Its Innovative Base Protocol appeared first on The Cryptocurrency Post.

Sky is a seasoned cryptocurrency expert with a passion for blockchain technology and digital finance. With years of experience in the crypto industry, he has authored insightful articles on market trends, emerging technologies, and investment strategies. His work has been featured in leading crypto publications, helping both beginners and seasoned investors navigate the complex world of digital assets. Sky is dedicated to providing readers with accurate, up-to-date information to make informed decisions in the rapidly evolving crypto space.

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Bittensor introduces Gamma Tokens as payment layer

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Bittensor has introduced Gamma Tokens as a native payment system for its AI economy, giving users and AI agents a way to pay for subnet services with a Bittensor wallet rather than separate accounts or API keys for each subnet.

The OpenTensor Foundation said Gamma is designed as a prepaid, dollar-valued service credit system for subnet services. In practice, the update is meant to simplify how customers access services across the network while keeping the payment process inside the Bittensor wallet flow.

According to the release, Gamma lets subnets charge for services in dollar-valued credits. Customers fund a deposit by burning Subnet Alpha, then authorize a services spender to charge that deposit as usage accrues. The system also uses a hotkey as an API key, creating a standardized payment layer across subnets.

The foundation described the mechanism as a way to budget usage in dollars while service demand translates into Alpha burn. That structure makes Gamma less about a separate speculative token and more about how subnet services are paid for inside Bittensor’s network design.

For readers following AI-focused crypto projects, the key change is operational rather than promotional: Bittensor is formalizing a payment standard for subnet services, with unified wallet access replacing a more fragmented setup. The announcement did not add further detail on adoption or usage levels at the time of publication.

The post Bittensor introduces Gamma Tokens as payment layer appeared first on The Cryptocurrency Post.

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io.net highlights idle GPU supply as AI compute demand grows

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io.net is again framing its network around a familiar bottleneck in AI infrastructure: builders need compute, while some GPU capacity remains unused. In an official post on X, the company said startups are burning runway while waiting for compute and argued that idle GPUs can be connected to builders at prices they can afford.

The post positions io.net as a coordination layer for matching spare GPU capacity with AI workloads, with the company saying the goal is to help founders spend funding on product progress rather than waiting on hardware. The message aligns with io.net’s broader pitch in its official blog post on AI infrastructure, which describes the project as an orchestration layer for aggregating and coordinating underutilized GPU capacity.

The update does not introduce a new product launch or a fresh technical rollout, but it does restate the core use case io.net is presenting to the market. That use case centers on making idle compute available to AI builders without requiring them to wait for new capacity to come online.

io.net’s framing also suggests the company is continuing to emphasize affordability and access as the main draw for its network. Rather than presenting itself as a new source of hardware, it is pitching a way to make existing GPU supply more usable for developers who need it now.

For readers following AI-focused crypto projects, the post is best read as a reaffirmation of io.net’s positioning rather than as evidence of a new operational milestone. The company is making a case for coordination over expansion: use the GPUs that already exist, and route them toward builders who can put them to work.

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NEAR launches Agent Market job board for local services quote agent

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NEAR has added a new job posting to its Agent Market for a Local Services Quote Agent, an AI agent designed to contact local providers, collect responses and return side-by-side comparisons of price and availability.

The listing appeared on the official NEAR DevHub channel and was also amplified by the project’s official social accounts. According to the post, the builder who takes on the job would keep ownership of the agent and retain the revenue it generates.

The job description frames the agent as a tool for gathering real quotes from local services rather than a general chatbot. It would reach out to providers, log the replies and organize the results so users can compare options more easily.

Builder-owned agents remain central to the marketplace pitch

NEAR has positioned the Agent Market around the idea that developers can publish agents, set their terms and keep ownership after the job closes. In the official posts, the company said builders keep the agent and can earn when it is hired.

The job board format also suggests a more structured approach to AI agent development, with specific tasks posted for builders to bid on. In this case, the task centers on a practical consumer workflow: collecting quotes from local providers and presenting them in a usable format.

NEAR did not say when the Local Services Quote Agent will be completed or who will take the job. The posting does, however, show that the Agent Market is actively listing new work and pushing the marketplace model as part of its product rollout.

The post NEAR launches Agent Market job board for local services quote agent appeared first on The Cryptocurrency Post.

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