Coinbase to Participate in the Oppenheimer 28th Annual Technology, Internet & Communications Conference
A live webcast and replay of the virtual session will be available on Coinbase's Investor Relations website at https://investor.coinbase.com.
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In addition to filings with the Securities and Exchange Commission, Coinbase uses its Investor Relations website (investor.coinbase.com), its blog (blog.coinbase.com), press releases, public conference calls and webcasts, its X feed (@coinbase), Brian Armstrong's X feed (@brian_armstrong), its LinkedIn page, and its YouTube channel as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.
About Coinbase
Crypto creates economic freedom by ensuring that people can participate fairly in the economy, and Coinbase (NASDAQ: COIN) is on a mission to increase economic freedom for more than 1 billion people. We're updating the century-old financial system by providing a trusted platform that makes it easy for people and institutions to engage with crypto assets, including trading, staking, safekeeping, spending, and fast, free global transfers. We also provide critical infrastructure for onchain activity and support builders who share our vision that onchain is the new online. And together with the crypto community, we advocate for responsible rules to make the benefits of crypto available around the world.
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The Verge
an hour ago
- The Verge
Sex is getting scrubbed from the internet, but a billionaire can sell you AI nudes
In the fascinating new reality of the internet, teen girls can't learn about periods on Reddit and indie artists can't sell smutty games on but a military contractor will make you nonconsensual deepfakes of Taylor Swift taking her top off for $30 a month. Early Tuesday, Elon Musk's xAI launched a new image and video generator called Grok Imagine with a 'spicy' mode whose output ranges from suggestive gestures to nudity. Because Grok Imagine also has no perceptible guardrails against creating images of real people, that means you can essentially generate softcore pornography of anyone who's famous enough for Grok to recreate (although, pragmatically, it appears to mainly produce seriously NSFW output for women). Musk bragged that more than 34 million images were generated within a day of launching operations. But the real coup is demonstrating that xAI can ignore pressure to keep adult content off its services while helping users create something that's widely reviled, thanks to legal gaps and political leverage that no other company has. xAI's video feature — which debuted around the same time as a romantic chatbot companion named Valentine — seems from one angle strikingly weird, because it's being released during a period where sex (down to the word itself) is being pushed to the margins of the internet. Late last month, the UK started enforcing age-gating rules that required X and other services to block sexual or otherwise 'harmful' content for users under 18. Around the same time, an activist group called Collective Shout successfully pressured Steam and to crack down on adult games and other media, leading in particular to mass-delist any NSFW uploads. Deepfake porn of real people is a form of nonconsensual intimate imagery, which is illegal to intentionally publish in the US under the Take It Down Act, signed by President Donald Trump earlier this year. In a statement published Thursday, the Rape, Abuse & Incest National Network (RAINN) called Grok's feature 'part of a growing problem of image-based sexual abuse' and quipped that Grok clearly 'didn't get the memo' about the new law. But according to Mary Anne Franks, a professor at George Washington University Law School and president of the nonprofit Cyber Civil Rights Initiative (CCRI), there's 'little danger of Grok facing any kind of liability' under the Take It Down Act. 'The criminal provision requires 'publication,' which, while unfortunately not defined in the statute, suggests making content available to more than one person,' Franks says. 'If Grok only makes the videos viewable to the person who uses the tool, that wouldn't seem to suffice.' Regulators have failed to enforce laws against big companies even when they apply Grok also likely isn't required to remove the images under the Take It Down Act's takedown provision — despite that rule being so worryingly broad that it threatens most social media services. 'I don't think Grok — or at least this particular Grok tool — even qualifies as a 'covered platform,' because the definition of covered platform requires that it 'primarily provides a forum for user-generated content,'' she says. 'AI-generated content often involves user inputs, but the actual content is, as the term indicates, generated by AI.' The takedown provision is also designed to work through people flagging content, and Grok doesn't publicly post the images where other users can see them — it just makes them incredibly easy to create (and almost inevitably post to social media) at a large scale. Franks and the CCRI called out the limited definition of a 'covered platform' as a problem for other reasons months ago. It's one of several ways the Take It Down Act fails to serve people impacted by nonconsensual intimate imagery while posing a risk to web platforms acting in good faith. It might not even stop Grok from posting lewd AI-modified images of real people publicly, Franks told Spitfire News in June, in part because there are open questions about whether Grok is a 'person' impacted by the law. These kinds of failures are a running theme in internet regulation that's ostensibly supposed to crack down on harmful or inappropriate content; the UK's mandate, for instance, has made it harder to run independent forums while still being fairly easy for kids to get around. Compounding this problem, particularly in the US, regulatory agencies have failed to impose meaningful consequences for all kinds of rulebreaking by powerful companies, including Musk's many businesses. Trump has given Musk-owned companies an almost total pass for bad conduct, and even after formally leaving his powerful position at the Department of Government Efficiency, Musk likely maintains tremendous leverage over regulatory agencies like the FTC. (xAI just got a contract of up to $200 million with the Department of Defense.) So even if xAI were violating the Take It Down Act, it probably wouldn't face investigation. Beyond the government, there are layers of gatekeepers that dictate what is acceptable on platforms, and they often take a dim view of sex. Apple, for instance, has pushed Discord, Reddit, Tumblr, and other platforms to censor NSFW material with varying levels of success. Steam and reevaluated adult content under threat of losing relationships with payment processors and banks, which have previously put the screws on platforms like OnlyFans and Pornhub. In some cases, like Pornhub's, this pressure is the result of platforms allowing unambiguously harmful and illegal uploads. But Apple and payment processors don't appear to maintain hard-line, evenly enforced policies. Their enforcement seems to depend significantly on public pressure balanced against how much power the target has, and despite his falling out with Trump, virtually nobody in business has more political power than Musk. Apple and Musk have repeatedly clashed over Apple's policies, and Apple has mostly held firm on things like its fee structure, but it's apparently backed down on smaller issues, including returning its advertisements to X after pulling them from the Nazi-infested platform. Apple has banned smaller apps for making AI-generated nudes of real people. Will it exert that kind of pressure on Grok, whose video service launched exclusively on iOS? Apple didn't respond to a request for comment, but don't hold your breath. Grok's new feature is harmful for people who can now easily have nonconsensual nudes made of them on a major AI service, but it also demonstrates how hollow the promise of a 'safer' internet is proving. Small-time platforms face pressure to remove consensually recorded or entirely fictional media made by human beings, while a company run by a billionaire can make money off something that's in some circumstances outright illegal. If you're online in 2025, nothing is about sex, including sex — which, per usual, is about power. Posts from this author will be added to your daily email digest and your homepage feed. See All by Adi Robertson Posts from this topic will be added to your daily email digest and your homepage feed. See All AI Posts from this topic will be added to your daily email digest and your homepage feed. See All Analysis Posts from this topic will be added to your daily email digest and your homepage feed. 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Yahoo
2 hours ago
- Yahoo
Winning Powerball numbers for Saturday, Aug. 9, with jackpot near $500 million
Will a $2 Powerball ticket make you a multimillionaire? As they say in the lottery business, 'it could happen to you.' After no one matched all five numbers plus the Powerball in the Wednesday, Aug. 6, Powerball drawing, the grand prize jumped to almost $500 million for Saturday, Aug. 9. The Powerball grand prize rose from $449 million, with a cash option of $203.9 million, to $482 million with a cash option of $220.8 million, according to Powerball online. Check back after 11 p.m. ET for Saturday's winning numbers. We'll see if there's a perfect match or a chance for a higher jackpot. In case you're wondering, Wednesday's winning Powerball numbers were 15-27-43-45-53 and the Powerball was 9. Power Play was 2x. While those numbers produced another rollover, it wasn't all bad news: There were several big winners in Wednesday's drawing. Tickets purchased in California, New Jersey, New York and Ohio matched 5 for $1 million prizes. What are the odds? Florida Lottery game drawing has consecutive numbers: 5, 6, 7, 8 and 9 Tickets start at $2 a piece. Below is what to know about lottery odds, how long to claim the cash option if you bought a ticket in Florida, and what happens to unclaimed prize money, according to the Florida Lottery. Good luck! What were the winning Powerball numbers for Saturday, Aug. 9, 2025? Powerball drawings are at 11 p.m. ET Mondays, Wednesdays and Saturdays, including holidays. Check back for Saturday, Aug. 9, winning Powerball numbers. We'll see if there's a winner or another rollover. As of Saturday, Aug. 9, there has been no billion-dollar lottery jackpots for Mega Millions or Powerball for 2025. Will this lottery streak end up in the billion-dollar range? Time will tell. Where it was sold: Winning Powerball ticket for $515 million jackpot purchased at 7-Eleven near Disney How long has Powerball rolled over? After weeks of rollovers, the last Powerball streak ended Saturday, May 31, 2025, when a ticket in California matched all five numbers plus the Powerball to win an estimated $207 million jackpot. That prize had a cash option of $92.7 million, according to the Powerball website. Tickets purchased in Florida and New Hampshire also won big, they both matched 5 plus the Power Play for $2 million prizes. The Florida Quick Pick ticket came from Peacock Liquor, 270 N.W. Peacock Blvd., Port St. Lucie. Below is a recap of Powerball drawings and how long it took to grow from $20 million to the current prize. Saturday, Aug. 9: $482 million Wednesday, Aug. 6: $449 million Monday, Aug. 4: $426 million Saturday, Aug 2: $410 million Wednesday, July 30: $384 million Monday, July 28: $364 million Saturday, July 26: $350 million Wednesday, July 23: $325 million Monday, July 21: $308 million Saturday, July 19: $288 million Wednesday, July 16: $264 million Monday, July 14: $248 million Saturday, July 12: $234 million Wednesday, July 9: $216 million Monday, July 7: $203 million Saturday, July 5: $190 million Wednesday, July 2: $174 million Monday, June 30: $162 million Saturday, June 28: $155 million Wednesday, June 25: $140 million Monday, June 23: $128 million Saturday, June 21: $118 million Wednesday, June 18: $101 million Monday, June 16: $90 million Saturday, June 14, Flag Day: $80 million Wednesday, June 11: $65 million Monday, June 9: $54 million Saturday, June 7: $44 million Wednesday, June 4: $30 million Monday, June 2: $20 million Grand prize indeed! Powerball winner Edwin Castro publicly claimed $2.04 billion jackpot — on Valentine's Day When is the next Powerball drawing? What are the chances of winning Powerball lottery? Powerball drawings are held at 11 p.m. ET Mondays, Wednesdays and Saturdays, including holidays. According to players have a 1 in 292.2 million chance to match all six numbers. Prizes range from $2 to the grand prize jackpot, which varies. The next Powerball drawing will be Monday, Aug. 10. A $1.586 billion Powerball tale: From a small town to 'Today' show with Savannah Guthrie to $6.2 million home How long do you have to cash in a winning Florida Lottery ticket? Prizes for Florida Lottery must be claimed within 180 days (six months) from the date of the drawing. To claim a single-payment cash option, a winner has within the first 60 days after the applicable draw date to claim it. The Florida Lottery says its scratch-off tickets and Fast Play game prizes "must be claimed within 60 days of the official end-of-game date. Once the applicable time period has elapsed, the related Florida Lottery ticket will expire." Can Florida lottery winners remain anonymous? According to Florida Lottery's website, winners cannot remain anonymous: "Florida law mandates that the Florida Lottery provide records containing information such as the winner's name, city of residence; game won, date won, and amount won to any third party who requests the information." However, the site states, the "names of lottery winners claiming prizes of $250,000 or greater will be temporarily exempt from public disclosure for 90 days from the date the prize is claimed, unless otherwise waived by the winner." Lottery experts and lawyers have said there are ways to remain anonymous if you win. Who won, how long did it take to win Powerball, Mega Millions and those billion-dollar jackpots? What are the Top 10 biggest Powerball jackpots in history? Here are the Top 10 Powerball jackpots in the history of the game as of Aug. 9, 2025: 10. $731.1 million — Jan. 20, 2021; Maryland 9. $754.6 million — Feb. 6, 2023; Washington 8. $758.7 million — Aug. 23, 2017; Massachusetts 7. $768.4 million — March 27, 2019; Wisconsin 6. $842.4 million — Jan. 1, 2024; Michigan 5. $1.08 billion — July 19, 2023; California 4. $1.33 billion — April 6, 2024; Oregon 3. $1.586 billion — Jan. 13, 2016; California, Florida and Tennessee 2. $1.765 billion Powerball drawing — Oct. 11, 2023; California 1. $2.04 billion — Nov. 7, 2022; California When did lotto jackpots hit $1 billion or more for Mega Millions and Powerball? What are the biggest lottery jackpots in US history? As of Aug. 9, 2025, there have been 12 lottery jackpots that have reached or surpassed $1 billion. Only once has a jackpot surpassed $2 billion. These are the biggest lottery jackpots in U.S. history. $2.04 billion Powerball prize, Nov. 7, 2022, Edwin Castro of Altadena, California $1.73 billion Powerball prize, Oct. 11, 2023, Theodorus Struyck of California (ticket purchased at Midway Market in California) $1.586 billion Powerball prize, Jan. 13, 2016, Marvin and Mae Acosta of California, Maureen Smith and David Kaltschmidt of Melbourne Beach, Florida, and John and Lisa Robinson of Munford, Tennessee $1.58 billion Mega Millions prize, Aug. 8, 2023, Saltines Holdings LLC of Miami, Florida $1.537 billion Mega Millions prize, Oct. 23, 2018, won by an anonymous player in South Carolina $1.348 billion Mega Millions prize, Jan. 13, 2023, LaKoma Island Investments, LLC, with the ticket purchased in Lebanon, Maine $1.337 billion Mega Millions prize, July 29, 2022, won by an anonymous partnership with a ticket purchased in Des Plaines, Illinois $1.326 billion Powerball prize, April 6, 2024, Cheng and Duanpen Saephan and Laiza Chao of Oregon $1.269 billion Mega Millions, Dec. 27, 2024, Rosemary Casarotti of California $1.128 billion Mega Millions prize, March 26, 2024, won by an anonymous winner in New Jersey with the ticket purchased at ShopRite Liquor No. 781 in Neptune Township, New Jersey $1.08 billion Powerball prize, July 19, 2023, Yanira Alvarez of California $1.050 billion Mega Millions prize, Jan. 22, 2021, won by the Wolverine FLL Club of Oakland County, Michigan (This story will be updated to include new information.) This article originally appeared on Treasure Coast Newspapers: Anyone win Powerball for Saturday, Aug. 9, 2025, or did it rollover? Solve the daily Crossword
Yahoo
3 hours ago
- Yahoo
7 ways millennials are catching up to boomer wealth
Boomers have amassed a lot of wealth over the years — indeed, about half of total household wealth in Canada is held by boomers, with an average net worth of almost $1.2 million, according to Statistics Canada. So why doesn't their financial advice make sense to millennials? Boomers (those born between 1946 and 1964) are often considered the wealthiest generation. 'A unique historical situation — strong economic growth, affordable housing markets and booming equity markets — allowed them to build up a handsome fortune,' according to an Allianz report. Don't Miss Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich — and 'anyone' can do it The Canadian economy is showing signs of softening amid Trump's tariffs — protect your wallet with these 5 essential money moves (most of which you can complete in just minutes) What is the best credit card in Canada? It might be the RBC® British Airways Visa Infinite, with a $1,176 first-year value. Compare it with over 140 more in 5 seconds But millennials have had a 'rougher ride,' says the report, since 'they were hit by one crisis after another.' So what worked for boomers may simply not apply in today's world — and that could be why there are some money habits that millennials just don't get. Here are seven of them. 1. Buying instead of renting Why rent when you can buy? For many boomers, 'adulting' meant buying a house. Renting was seen as throwing money away. Seventy-eight per cent of Canadian boomers believe home ownership is a good investment, according to a Royal LePage survey. 'The boomer generation strongly values home ownership, for good reason. Real estate has been very, very good to them,' said Phil Soper, president and CEO of Royal LePage, in an article about the survey 'Most are still working and their home equity has become the bedrock of retirement security.' Millennials, on the other hand, are faced with much higher home prices (relative to income), which in many cases is pricing them out of the market — especially during a time of job instability and economic uncertainty. For millennials, renting may be their only option at the moment — but some may also choose to rent. For example, instead of putting money aside for a down payment, they may want to invest that money in index funds rather than home equity. Or they may prefer the simplicity of renting. 2. Keeping money in 'safe' accounts Many boomers keep a portion of their retirement savings in 'safe,' but low-yield, accounts, such as guaranteed investment certificates (GICs). Some may even leave their money in a traditional savings or checking account (or even cash), since they don't want to gamble with their money. But returns on those 'safe' accounts may not outpace inflation, meaning their money loses its purchasing power over time. Millennials came of age as the Internet did, so it makes sense that they may be more comfortable with online and mobile tools to manage their money, including looking for the best savings rates and investment opportunities. Paying for a credit card Boomers know that free is fantastic, unless paying a fee gets you access to bigger, better and more rewarding opportunities. For Boomers, retirement is about freedom — and they start with financial tools that give them more of it, such as a premium credit card. For example, Westjet RBC Mastercard cardholders pay just $119 for a companion ticket, while RBC British Airways Visa Infinite gives you a free companion flight or 50% off a single ticket each year. Plus, almost all premium cards also offer robust travel insurance coverage, as well as airline perks such as lounge access or first-bag checked for free. To make your dollars work harder — upgrade your credit card today. The offres a first-year value of $1,176! — your future self will thank you! Read more: 'You're going to live on beans and rice': This senior told Dave Ramsey she has debt and zero savings — 3. Relying on a pension for retirement When it comes to retirement, 72% of Canadian boomers expect to rely on their pension plan to fund their golden years, according to a 2024 Manulife financial resilience and longevity report. The defined benefit (DB) pension was 'the gold standard when boomers dominated the workforce' in Canada, according to BNN Bloomberg. For millennials, however, a pension isn't a given. As of 2021, 22.9% of private-sector workers in Canada were covered by a registered pension plan, compared to 86.6% of public-sector workers, according to data compiled by Fraser Research. Millennials may be more likely to build a retirement plan based on a mix of retirement savings tools, including RRSPs, TFSAs and brokerage accounts. 4. Staying at the same job until you retire Older generations may view job-hopping by younger generations as a lack of commitment. In their time, loyalty to one company often meant job security and career advancement — and perhaps an early retirement with a decent pension. But for younger generations, the job market is being continually disrupted — particularly by technology. And to get ahead, job hopping may be necessary. The average Canadian worker between ages 18 to 65 holds 10 different jobs throughout their career, according to data from Randstad. Younger generations are 'more prone to restlessness,' with 66% of millennials contemplating a career change in the following 12 months. But this strategy could be paying off for millennials. Data from Hays indicates that job seekers who changed jobs saw a salary bump of 10% to 20%. 5. Spending hundreds annually on cable Cable is the 'preferred type of TV service' for boomers, according to a Media Technology Monitor (MTM) report. That's not to say they aren't embracing digital media (they are) — but they haven't cut the cord on cable, either. About 80% of younger boomers and 70% of older boomers have at least one subscription service, such as Netflix, Amazon Prime, Crave or Disney+, according to the MTM report, more than three in five subscribe to both subscription and cable TV. Millennials are the cord-cutting generation. Not only can they watch what they want, when they want — without ads — streaming services are much cheaper than cable packages. However, with a plethora of streaming services available, some may end up paying as much for multiple services as a typical cable package. Eight in 10 (82%) millennials, the 'first to recognize the value of subscription streaming services', subscribe to at least one streaming service, according to Abacus Data. 6. Refusing to discuss finances Financial topics were once considered taboo — you just didn't talk about money at the dinner table (or any other time). But that's changing. Younger generations are more open to discussing everything from how much money they're making to their investment strategies. Thanks to social media and TikTok, financial discussions are less taboo — even if millennials may still struggle to talk about money with their parents. 7. Seeking advice from professionals Boomers are more likely to seek professional advice on financial matters than younger generations. A survey from Edward Jones and Cerulli Associates found that boomers trust advisors, but millennials trust themselves. Younger generations often turn elsewhere for financial advice, from online resources and robo-advisors to social media influencers. But this is one area where millennials may be starting to follow in their parents' footsteps. Some millennials are now turning to traditional advisors for more complex financial decisions, such as investments and retirement planning. Younger millennials (46%) and older millennials (50%) are 'interested in receiving personal finance information regarding investment strategies,' according to the BMO Real Financial Progress Index. They're also interested in advice about alternative revenue streams. While boomers and millennials may not agree on everything — especially when it comes to money matters — it seems they do agree on having a plan for financial wellbeing. What To Read Next Here's how to retire in 10 short years no matter where you live in Canada — even if you're starting with $0 savings Here are 5 expenses that Canadians (almost) always overpay for — and very quickly regret. How many are hurting you? I'm almost 50 and don't have enough retirement savings. What should I do? Don't panic. Here are 6 solid ways you can catch up Pet owners, here's how you can get up to 90% cashback on expensive emergency veterinary bills — and you can even get a free quote in 30 seconds 1. Statistics Canada: Distributions of household economic accounts for income, consumption, saving and wealth of Canadian households, 2019 (Jun 26, 2020) 2. Allianz: Financial assets: Surprising relief 3. Royal LePage: Survey says 3.2 million boomers in Canada considering buying a home within the next five years 4. Manulife: Baby boomer retirement planning—how employers can help ease the transition (Apr 22, 2025) 5. BNN Bloomberg: Millennials in a pension pickle as they overtake boomers by Dale Jackson (Feb 23, 2024) 6. Fraser Research Bulletin: Comparing Government and Private Sector Compensation in Canada, 2023 Edition by Milagros Palacios, Nathaniel Li and Ben Eisen (2023) 7. Randstad: Is staying in a job too long hazardous to your career? (Dec 11, 2023) 8. Hays: Hays reveals job seekers who switch jobs can see a significant salary increase despite economic uncertainty (Feb 7, 2023) 9. Media in Canada: The latest findings on Baby Boomers and tech by Patti Summerfield (Feb 26, 2024) 10. Abacus Data: Consumer Spotlight: Streaming Services in Canada by Megan Ross (Nov 28, 2019) 11. Edward Jones: More than Money: Canadian Investors are Pursuing Financial Fulfilment (Jun 24, 2025) 12. Ipsos: For Gen Z and Millennials Knowledge is Power as They Look to Increase Their Financial Literacy Amid High Levels of Financial Anxiety (Sept 21, 2023) This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
