CEO Brian Armstrong investigated, and the firm said it made updates to prevent future AI-generated inaccuracies.
By Francisco Rodrigues|Edited by Sheldon RebackUpdated Jul 6, 2026, 10:31 a.m. Published Jul 6, 2026, 9:39 a.m. 2 min readMake preferred on Share this articleMake preferred on
- Coinbase sent an AI-generated news alert claiming Norway's soccer team beat Brazil 3-2 before the World Cup match actually began.
- CEO Brian Armstrong investigated, and the firm said it made updates to prevent future AI-generated inaccuracies.
- The error occurred as Coinbase pushes into prediction markets and "everything exchange" features like AI advisers and stock options.
Coinbase (COIN) sent users a false “breaking news” alert saying Norway's soccer team beat Brazil 3-2 in a World Cup knockout match before the game had even started.
The alert said Erling Haaland scored twice in the match at MetLife Stadium. Coinbase’s own prediction-market page still listed the game as weather-delayed at the time.
Users posted screenshots of the notification on X on Sunday. Coinbase CEO Brian Armstrong replied to one saying he was looking into it with the team. According to one post, the alert was sent at 10:26 a.m. ET. The match didn't start until 4 p.m.
Max Branzburg, the company's head of consumer & business products, later clarified that the incorrect story was fixed and the firm “made some updates to avoid these types of inaccuracies in the future.”
“It’s awesome to see the power of AI-enabled 24/7 insights for trading, but obviously still need to tune it to address these types of issues,” Branzburg wrote on X.
The actual match did see Norway beat Brazil, and Haaland scored twice. The final score was 2-1.
The error landed as Coinbase pushes deeper into prediction markets. The company rolled out prediction markets to U.S. users in January through Kalshi, offering contracts tied to sports, elections, economic data and other real-world events.
Coinbase has framed the product as part of a broader effort to become an “everything exchange.” The company also added stock options, pre-IPO markets and an AI adviser as it tries to fold more financial activity into one app.
CoinDesk reached out to Coinbase but hadn’t heard back by publication time.
CoinbasePrediction MarketsArtificial Intelligence
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