Coinbase Down Again, HIP-4 vs Polymarket, and Dueling Big Tech Crypto Partnerships | The Breakdown
From The Breakdown by Blockworks
May 8, 2026 · 29 min
About this episode
David discusses Coinbase's outage, the effectiveness of prediction markets compared to memecoins, and recent partnerships in the crypto space.
David covers three Friday stories: Coinbase's hours-long outage on the back of an AWS cooling failure, the data on whether prediction markets are actually beating memecoins, and the dueling Solana + Google Cloud / AWS + Coinbase + Stripe agentic commerce announcements. TIMESTAMPS: (00:00) Intro (01:23) Coinbase AWS Outage (07:20) Nexo Ad (07:55) Prediction Markets, Memecoins, and HIP-4 (15:58) Nexo Ad (16:51) Prediction Markets, Memecoins, and HIP-4 (Cont.) (19:15) Agentic Commerce Meta FOLLOW THE SHOW › David — https://x.com/dcanellis › The Breakdown — https://x.com/TheBreakdownBW SPONSORS › NEXO Nexo is the premier digital wealth platform. Receive interest on your crypto, borrow against it without selling, and trade a range of assets. Now available in the U.S with 30 days of exclusive privileges. Get started at http://nexo.com/breakdown Get top market insights and the latest in crypto news. Subscribe to the Blockworks Daily Newsletter: https://blockworks.co/newsletter/ DISCLAIMER As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice.
People in this episode
Host: David
Topics covered
- Coinbase outage
- prediction markets
- memecoins
- agentic commerce
- Big Tech partnerships
Keywords
- Coinbase
- AWS
- Nexo
- Polymarket
- memecoins
- prediction markets
- Google Cloud
- Stripe
- agentic commerce
Sponsors
Nexo
Mentioned in this episode
Organizations: Coinbase, AWS, Polymarket, Google Cloud, Stripe, Blockworks
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