# AI Agent Related Articles

HTX News Center provides the latest articles and in-depth analysis on "AI Agent", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Illustrating the Cloudflare Wallet: The New Player in Stablecoin Payments Using x402

On August 4th, Cloudflare announced the launch of "Wallets," though the initial offering is limited to claiming a user handle. Full functionality for topping up, making payments, and using a Virtual Wallet via API keys is marked "Soon." The announcement clarifies that this handle is not yet a functional wallet. It represents a key piece in Cloudflare's broader payments strategy, alongside the Stripe Projects service (currently in open beta for agent-assisted purchases) and the Monetization Gateway for merchants (on a waitlist). The Wallet is positioned as the payer-side component for managing identity, balances, and authorization rules. While the underlying x402 protocol shows activity (75.41 million transactions, $24.24M volume in 30 days, averaging ~$0.32 per transaction), this data reflects the open network's usage, not specifically Cloudflare Wallet adoption. These metrics indicate suitability for frequent micro-payments like API calls. Cloudflare's documentation uses a $0.01 per-call example to illustrate the x402 flow: a server returns HTTP 402, the agent signs the payment, a facilitator verifies it, and the server delivers the result. Currently, developers must manage private keys and use test networks/USDC for agent payments. The Wallet roadmap aims to separate the user's Account Wallet from an agent's Virtual Wallet, adding controls for spending limits, whitelists, and per-transaction caps. This design resembles a corporate card with approval rules. However, these controls are not yet available for configuration. In summary, Cloudflare Wallet's current launch is a preliminary step. Critical details like supported stablecoins, blockchains, regions, KYC, custody, and fees remain undisclosed. The announcement primarily establishes a payer identity framework, with the full payment and agent autonomy system still under development.

marsbit08/05 03:35

Illustrating the Cloudflare Wallet: The New Player in Stablecoin Payments Using x402

marsbit08/05 03:35

Cyclical Stock or Growth Stock? Coinbase's Q2 Earnings Report Reveals 'Valuation Disagreement'

Coinbase's Q2 2026 financial results revealed a mixed performance, reigniting debate over whether the company should be valued as a cyclical stock tied to crypto markets or a growth stock with future potential. Total revenue missed expectations at $1.22 billion, down 19% year-over-year. Transaction revenue fell to $599 million, with retail crypto spot trading revenue dropping 30% to $452 million, back to 2023 levels. The company reported a net loss of $359 million, marking its third consecutive quarterly loss. Despite CEO Brian Armstrong's positive commentary on metrics like a 10.3% overall crypto trading market share and 106% growth in prediction markets, the market reacted negatively, with shares dropping over 5% after-hours. A key issue is the decline in core retail trading. While Coinbase touted record market share, this figure includes derivatives and new products. Its traditional crypto spot trading share is likely shrinking. New ventures like prediction markets, while growing, contributed less than $30 million, insufficient to offset the core revenue decline. The valuation debate hinges on perspective. As a cyclical stock, Coinbase remains deeply tied to the crypto bear market, with user attrition and competitive pressures justifying a lower valuation. The company's strategy appears focused on surviving until the next bull cycle. Viewed as a growth stock, however, Coinbase shows promising diversification. Subscription and service revenue reached $555 million, nearly matching transaction revenue. Stablecoin revenue, its second-largest source at $292 million, remains strong through its partnership with Circle. Critically, Coinbase is positioning itself as a leader in the emerging on-chain "agent economy." Over 90% of agent-based stablecoin transactions occur on its Base network, which it believes could handle trillions in future agent transactions. The recent acquisition of Deribit also aims to boost its international derivatives offering. In summary, Coinbase's present struggles are clear, but its future hinges on whether its investments in revenue diversification, stablecoins, and the agent economy can ultimately transform its business model and justify a growth premium.

Odaily星球日报07/31 04:46

Cyclical Stock or Growth Stock? Coinbase's Q2 Earnings Report Reveals 'Valuation Disagreement'

Odaily星球日报07/31 04:46

Virtuals Launches Hyperboost: Extends 14 Days of Rewards for Each Graduated Token to Combat 'Peak on Day One' Curse

Virtuals Protocol launched "Hyperboost" on July 27, 2026, to combat the "first-day peak" trend where over 75% of its AI Agent tokens see trading volume peak within 24 hours of graduation (launch to Uniswap). The mechanism automatically allocates a fraction of each token's previously idle graduation supply into a 14-day reward pool. Rewards are distributed daily, split between users based on trading volume share and creators for content posted about the token on platforms like X. Claims are immediate with no vesting. Early data from the first ~48 hours shows newly graduated tokens like AMARA and MAGE still experiencing significant post-graduation price declines (-78% and -55% in 24h respectively), indicating it's too early to judge effectiveness. Community concerns focus on potential wash trading due to volume-based rewards and a lack of transparency around content reward criteria. Hyperboost is part of Virtuals' broader ecosystem, which has over 18,000 AI Agent tokens and $750M+ in protocol revenue. While the feature could theoretically boost activity for its native VIRTUAL token by increasing trading volume in its paired pools, VIRTUAL's price remains influenced by broader market trends, down 7.4% over the past week. Observers note that several weeks of data will be needed to properly assess the mechanism's impact on sustaining post-graduation trading activity.

marsbit07/29 08:52

Virtuals Launches Hyperboost: Extends 14 Days of Rewards for Each Graduated Token to Combat 'Peak on Day One' Curse

marsbit07/29 08:52

Stripe in Talks to Acquire OpenRouter: Is AI the New Focus of Future Payment Landscape?

Payment giant Stripe is reportedly in talks to acquire AI model routing platform OpenRouter, potentially valuing the startup at around $10 billion, according to The Wall Street Journal. This move follows Stripe's recent strategic push into AI and crypto infrastructure over the past 18 months, including the acquisitions of stablecoin company Bridge, wallet infrastructure provider Privy, and the launch of its Tempo blockchain with a Machine Payments Protocol. These steps aim to enable AI agents to autonomously handle payments and transactions. OpenRouter, founded by OpenSea co-founder Alex Atallah, aggregates over 300 models from more than 60 providers, handling billions of inference requests. Its integration would complement Stripe's existing AI agent infrastructure—covering ordering, payment, and settlement—creating a comprehensive pipeline for AI-driven commerce. Stripe's goal appears to be positioning itself as the default infrastructure layer for AI-to-user interactions, akin to "AWS for money." The deal is not yet finalized and faces potential competition or disruption. However, it highlights a broader trend where major players like Circle and Google are also developing payment protocols for AI agents. While current on-chain AI agent payment volume remains a tiny fraction of overall stablecoin settlements, the industry is betting on this nascent market to drive future growth and validate the synergy between AI and blockchain.

Foresight News07/27 13:10

Stripe in Talks to Acquire OpenRouter: Is AI the New Focus of Future Payment Landscape?

Foresight News07/27 13:10

Base Abandons Social Direction, Founder Admits Strategic Failure

Base, the Ethereum Layer-2 network often called the "L2 King," has formally ended its three-year "exploration era," with co-founder Jesse Pollak admitting its strategic focus on social applications was a mistake. In a recent statement, Pollak acknowledged that bets on social platforms like Farcaster and Zora, creator coins, and mini-apps failed to drive mainstream crypto adoption, leaving Base behind competitors in areas like perpetual contracts and payment solutions. He confirmed that Base's flagship app will now be managed by Cobie, a community leader, under Coinbase's oversight. Pollak's review highlighted Base's past struggles: leadership overemphasized a "creator economy" with limited real earnings for creators, development often followed trends set by Solana or BNB Chain, and a significant portion of on-chain activity was reportedly inflated. The vision of using social media to onboard billions to crypto clashed with the dominance of established Web2 platforms. Moving forward, Base will pivot to three core areas, as outlined by both Pollak and Coinbase CEO Brian Armstrong: **trading** (including tokenized stocks and memecoins), **payments** (leveraging global stablecoins), and **AI Agent services** (preparing for a machine-driven economy using crypto as native currency). This shift is seen as a return to crypto's fundamental strengths—finance and transactions. The strategic change coincides with personnel shifts at Coinbase, including the departure of executives like the Chief Legal Officer. Notably, Pollak himself has returned to hands-on coding. Furthermore, Coinbase reports that over 95% of its code is now AI-generated or assisted, with AI agents already performing work equivalent to about 1,200 employees—a trend expected to grow significantly, signaling how AI is reshaping the company's own operations as Base prepares to serve a future AI Agent economy.

Odaily星球日报07/16 07:59

Base Abandons Social Direction, Founder Admits Strategic Failure

Odaily星球日报07/16 07:59

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