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Coinbase AI news alerts have drawn criticism for misreporting match results before the World Cup kickoff.
Odaily Odaily reports that Coinbase sent an AI-generated news alert claiming the Norwegian football team defeated Brazil 3-2 before the start of the World Cup. CEO Brian Armstrong has launched an investigation, and Coinbase stated that an update has been implemented to prevent future AI-generated inaccurate information. This error occurred as Coinbase is pushing forward with prediction markets and its "everything exchange" feature, which includes AI advisors and stock options. (CoinDesk)
Maple Finance launched syrupUSDG and listed it on Robinhood Chain.
According to Foresight News , on-chain lending protocol Maple Finance has announced the launch of a new product, syrupUSDG, on the Robinhood Chain. Risk management firm Steakhouse Financial has approved syrupUSDG as collateral for the Robinhood Earn vault (Robinhood's first decentralized lending product within the Robinhood app). This collaboration involves Morpho providing the vault infrastructure, Paxos handling the compliant issuance of USDG, and Robinhood providing the distribution channels to millions of users. syrupUSDG is currently available on Ethereum and the Robinhood Chain, with more chains to be supported in the future. Robinhood will roll out the service to its customers in phases over the next few weeks.
Monarch founder Anton Cheng has joined Morpho full-time as a Solutions Engineer for the Asia Pacific region.
According to Foresight News , Monarch founder Anton Cheng announced that he has joined the decentralized lending protocol Morpho full-time as a solutions engineer, responsible for business in the Asia-Pacific region. Anton Cheng stated that he has been following the Morpho protocol since its launch in 2023 and has been developing Monarch, a product based on Morpho, for over two years. After joining Morpho, Anton Cheng stated that he will continue to maintain the Monarch project in his personal time and will gradually hand it over to other developers in the Morpho ecosystem in the coming months to ensure that Monarch continues to operate as an independent platform.
Midas, a tokenized asset protocol, is coming soon to the Base network.
According to Foresight News , tokenized asset protocol Midas tweeted that it will be launching on the Base network soon, bringing composable on-chain investment products to Base, a leading on-chain finance ecosystem.
Binance Wallet will support Base B20 token trading.
According to Foresight News , Binance Wallet will support trading of Base B20 tokens immediately upon their listing. Meanwhile, Meme Rush will support B20 token filtering and token tagging to help users discover tokens more quickly.
The Iranian military claims that US military bases in the Middle East are "legitimate targets."
According to Mars Finance, on July 8th, the Islamic Republic News Agency (IRNA) reported that the Iranian military issued a statement saying that all US military bases in the Middle East would become "legitimate targets" for Iranian drone strikes. The statement said that in light of US attacks on military and civilian areas in southern Iran and violations of the Islamabad Memorandum of Understanding, the Iranian military used drones to strike the US Sheikh Issa Air Base in Bahrain. This action was a response to the US's blatant and repeated violations of the ceasefire.