Search results for Balaji Srinivasan
AI & Enterprise
Coinbase pilots in-house AI agents
Cryptocurrency exchange Coinbase has begun a pilot of in-house artificial intelligence agents to support internal work, accelerating an organisation-wide shift to an \"AI-native\" environment. CEO Brian Armstrong said the company is integrating AI agents into Slack and email and has already deployed two agents modelled on former executives. One is based on co-founder Fred Ehrsam, and another on former CTO Balaji Srinivasan.
General News
Iran hints at circumventing payments in yuan and bitcoin, signs of cracks in petrodollar system
The petrodollar system is being shaken by the fallout from the U.S.-Iran war, with signs of cracks in the dollar-based structure for global oil trade. War risk in the Gulf has raised concern about dollar shortages, and UAE officials have discussed possible financial backstops with the United States. Iran is reported to have imposed yuan-denominated passage fees in the Strait of Hormuz and has also signalled possible use of bitcoin-based fees.
Crypto
Zcash Open Development Lab raises $25 million seed to boost Zcash privacy
Zcash Open Development Lab (ZODL) raised $25 million in a seed round from major cryptocurrency investors including Paradigm, a16z Crypto, Winklevoss Capital and Coinbase Ventures, The Block reported on March 9. ZODL said it will use the funds to accelerate development of Zcash privacy technology. The round also included Maelstrom, Balaji Srinivasan, David Friedberg and Hasib Qureshi. ZODL manages an open-source Zodl Zcash wallet based on ECC’s Zashi wallet.