The post Coinbase takes over Golden State Warriors crypto partnership after FTX fallout appeared on BitcoinEthereumNews.com.

Coinbase is now the official crypto partner of the Golden State Warriors and Chase Center, stepping into the space FTX left after its well-publicized collapse. This deal places Coinbase right at the center of the Warriors’ digital strategy, making it the basketball team’s exclusive “crypto platform and blockchain ally.” Fans get some solid perks too. Those attending specific Warriors home games (namely, against the Memphis Grizzlies on January 4 and the Milwaukee Bucks on March 20) can reportedly look forward to giveaways, both physical and on-chain. According to the Warriors’ Chief Commercial Officer, Mike Kitts, the team wants to “harness blockchain technology to amplify fan engagement,” whether at the arena or remotely. Coinbase’s AI push But Coinbase isn’t just playing on the court. The exchange recently launched a tool called “Based Agent,” which aims to simplify how crypto users create AI-driven agents. Coinbase developer Lincoln Murr explained in an Oct. 26 video on X that this tool enables users to set up their own AI agent with a crypto wallet in under three minutes, handling everything from swaps to staking. Based Agent is a pre-built template allowing users to create bots that can execute specific tasks on the blockchain, from making trades to performing swaps. Users need an API key from Coinbase’s developer program, a key from OpenAI, and to fork the Replit template to get started. Murr says Coinbase built Based Agent using its SDK, with support from OpenAI and Replit. This tool aligns with the recent shift toward blockchain automation, allowing users to automate crypto tasks that traditionally required manual input. Coinbase wants AI to make crypto transactions Coinbase CEO Brian Armstrong has championed AI’s role in crypto. Just a few days ago, he publicly offered Truth Terminal, an AI chatbot on X, its own wallet. “Do you…

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Filed under: News - @ October 27, 2024 12:10 pm