Coinbase’s new BASE app is the company’s latest step in making crypto more accessible. On “The Brainstorm,” @LorenzoARK details its three pillars, adding that the crypto-native experience positions it as a challenger to platforms like Robinhood. Watch:

The AI flywheel today: Compute → Talent → State-of-the-art models → Better products → More usage → 🔁Back to compute. Each turn of the wheel demands more computing power, and each unit of compute demands more cash. Training state-of-the-art models is not just a technical challenge: It’s a capital allocation one.

Yes. I’ve heard “browsers are the ultimate distribution for agents”. I think this is backwards. Agents will use browsers as a tool, among others, to accomplish tasks. You will think of the agent as the product, not the browser. You pay for ChatGPT Agent, which spins up browsers to accomplish tasks as needed. You can watch and jump in, but you don’t have to. Same direction for Perplexity’s Comet. It meets users where they are today, but over time the agent will drive more and more and you will care less and less to see how the sausage is made.

🔔Media Alert🔔 @wintonARK will join Dominic Chu on CNBC’s @HalftimeReport at 12:35pm ET, followed by their digital show at 1:10pm ET, to discuss ongoing innovation themes driving global change.

Ever wonder who’s behind the work at ARK? Meet Ren Leggi, CFA, CAIA, as he shares his journey to ARK, his key responsibilities, and what has kept him motivated.

June was a pivotal month for bitcoin; dominance surged, altcoins stumbled, and long-term holders hit new highs. Catch the trends and takeaways in the latest edition of “The Bitcoin Monthly.” 🧵 Read:

Shopify now powers OpenAI’s in-app checkout. Perplexity’s Comet can shop on your behalf. AI traffic to retail sites is rising. What's the tech stack powering Agentic Commerce? 🧵👇

If the @base app takes off, it could mark the beginning of a "walled gardens" phase in Ethereum’s L2 roadmap. Fragmentation has been the biggest criticism of L2s, but if real utility emerges through the composability of protocols built on the same tech stack, that narrative could start to shift. The Base app will be a good test case for the walled gardens L2 thesis, as it integrates with apps across the OP Stack: - Trading via Uniswap - Social tokenization via Zora - Social feed via Farcaster This highlights growing demand for interoperability today- in usable, integrated experiences. If it works, this could result in multiple siloed ecosystem enclaves (OP Stack, Arbitrum Nitro, ZK stack) becoming the de facto market structure in the ST. This doesn't solve fragmentation, but it might offer a temporary fix until more robust ecosystem-wide solutions emerge.

A study on bitcoin's volatility and extreme tails by ARK's Research Trading Analyst and Associate Portfolio Manager for Digital Assets @dpuellARK 👇

Gen AI traffic to US retail sites increased by 3,300% year-over-year, according to Adobe Analytics post-Prime Day. Why? 🧵