The Linux Foundation getting in bed with Coinbase to develop a web payments standard.

[mttaggart@infosec.exchange]

The Linux Foundation getting in bed with Coinbase to develop a web payments standard.

No thanks very much

Linux Foundation is Launching the x402 Foundation and Welcoming the Contribution of the x402 Protocol

Linux Foundation is Launching the x402 Foundation and Welcoming the Contribution of the x402 Protocol

(www.linuxfoundation.org)

[nomad@domum.social]

@mttaggart #coinbase

[aakl@infosec.exchange]

@mttaggart This follows a story that was posted last week saying Linux bug reports went from slop to very good overnight https://www.theregister.com/2026/03/26/greg_kroahhartman_ai_kernel/

[idahobucks@mastodon.social]

@mttaggart awful news.

[mttaggart@infosec.exchange]

No wait, it's worse than you thought!

Membership [of the x402 governing body] will be comprised of participants from multiple verticals with initial intent and support being expressed by Adyen, Amazon Web Services, American Express, Ampersend.ai, Base, Circle, Cloudflare, Coinbase, Fiserv Merchant Solutions, Google, KakaoPay, Mastercard, Merit Systems, Microsoft, Polygon Labs, PPRO, Shopify, Sierra, Solana Foundation, Stripe, thirdweb, and Visa.

This is a list of people I don't want in charge of my money. And yes, I am forced to use some of them. Doesn't mean I trust them.

[stiiin@infosec.space]

@mttaggart It's going to be shoved into the "open" web platform, innit?

[mttaggart@infosec.exchange]

@feld I do not think letting the payment processors govern the standard could be anything but status quo