Brian Armstrong News
13.01 / 12:59
Blockchain
cryptocurrency
coinbase
layoffs
Crypto winter triggers avalanche of layoffs in 2023; Blockchain.com cuts 28% jobs
Amid an ongoing spree of layoffs globally, cryptocurrency brokerage firm Blockchain.com announced that it would slash 28 percent of its workforce, or about 110 employees, owing to the ongoing market conditions impacting the crypto economy.
11.01 / 21:37
markets
Ethereum
Grayscale
pricing
A key change in Ethereum options pricing hints that ETH price could rise beyond $1,350
Ethereum price (ETH) gained 10.2% from Jan. 4 to Jan. 10, breaching the $1,300 resistance without much effort, but has the Ether price move cast a light on whether the altcoin is ready to begin a new uptrend.
11.01 / 14:31
business
coinbase
Coinbase to close majority of Japan operations following global layoffs: Report
Crypto exchange Coinbase will be closing down most of its operations in Japan as part of its efforts to survive in the bear market. The move is part of the company’s restructuring plan and follows the recent layoff announcement that it was reducing its employees by 20%.
10.01 / 17:57
coinbase
crypto winter
Coinbase Announces Third Round of Layoffs, Reduces Headcount by 950 Employees
Major cryptocurrency exchange Coinbase has announced its third round of layoffs amid the ongoing bear market, reducing its headcount by a total of 950 employees, or 20% of its workforce.
10.01 / 17:03
business
coinbase
Job
Coinbase to cut another 20% of its workforce in the second wave of layoffs
Major cryptocurrency exchange Coinbase is starting 2023 with more layoffs, letting go of another 20% of its employees in a second major wave of layoffs.
09.01 / 20:09
business
Adoption
coinbase
Kraken
Crypto layoffs mount as exchanges continue to be ravaged by the prevailing bear market
There’s no denying that the crypto market has been gripped by immense bearish pressure over the past year, as made evident by the fact that the total capitalization of this sector has continued to hover below the $900 billion mark for most of the year after having scaled up to an all-time high of $3 trillion in 2021.
24.12 / 22:01
24.12 / 04:05
business
Ethereum
Binance
Bitcoin
Santas and Grinches: The heroes and villains of 2022
From an outside perspective, 2022 has been a rollercoaster ride for crypto. The market reached a total valuation of $3 trillion during the bull market of 2021, only to scale back to its current level of around $810 billion. While this poor performance can be partly attributed to the pervading macroeconomic environment — compounded by rising inflation rates and the ongoing Ukraine-Russia conflict, among other factors — one cannot deny the role that the recent slew of insolvencies has had on the sector.
20.12 / 11:47
Blockchain
CFTC
SEC
Coinbase CEO: Regulate centralized actors but leave DeFi alone
Coinbase CEO Brian Armstrong has pushed for stricter regulations on centralized crypto actors but says decentralized protocols should be allowed to flourish given that open-source code and smart contracts are “the ultimate form of disclosure.”
14.12 / 23:11
Blockchain
Podcast
The Agenda podcast chats crypto and sex work with WetSpace CEO Allie Rae
What do the cryptocurrency and porn industries have in common? As it turns out, both are frequent targets of the traditional financial system, which has been known to ban the accounts of both crypto traders and sex workers.
08.12 / 01:03
business
Coinbase CEO says trading revenue has fallen to ‘roughly half’ what it was last year
The CEO of Coinbase, Brian Armstrong, has revealed that the exchange’s trading revenue has declined by approximately 50% or more when compared to last year, according to a Dec. 7 report from Bloomberg.
05.12 / 14:19
coinbase
FTX
events
Sam
Billionaire Founder of Coinbase Rejects Sam Bankman-Fried’s Account of Events, Says Funds Were ‘Stolen’
The CEO of the major crypto exchange Coinbase, Brian Armstrong, basically called the FTX founder Sam Bankman-Fried a liar, stating that the latter couldn't have possibly missed billions of 'extra' dollars showing up in the accounts.
04.12 / 19:05
Government
Adoption
SEC
Regulators face public ire after FTX collapse, experts call for coordination
2022 is nearing an end and might go down as one of the most eventful years for the crypto industry owing to the prolonged winter that had wiped more than 70% of the market cap from the top and the barrage of crypto firms imploding. This was mainly due to internal mismanagement and unchecked decision-making process.
25.11 / 08:35
Blockchain
Twitter
coinbase
Bitcoin
Independent research verifies GBTC's 633K Bitcoin: So why won't Grayscale?
With digital asset management firm Grayscale refusing to provide proof of reserves for its Grayscale Bitcoin Trust (GBTC), an independent analyst has spent days combing through the blockchain to independently verify its holdings.
23.11 / 16:15
coinbase
FTX
Bitcoin
Coinbase CEO Reveals Company Holds Over $39 Billion Worth of BTC In Response to Now-Deleted Binance CEO Tweet
As major crypto exchanges are intensifying efforts to assure customers and investors of their stability, Brian Armstrong, the CEO of Coinbase, has revealed that his company holds crypto reserves that include some BTC 2 million worth about $39.9 billion.
23.11 / 01:41
Blockchain
Adoption
Binance
coinbase
Holdings
bitcoin holdings
Crypto Twitter reacts to Binance CEO’s deleted tweet about Coinbase’s Bitcoin Holdings
Coinbase was trending on Twitter on Nov. 22 after Binance CEO Changpeng Zhao, known also as CZ, sent out a tweet that appeared to question Coinbase’s Bitcoin holdings.
16.11 / 09:29
business
Binance
coinbase
The New York Times
FTX downfall was a turning point for citizen journalism: Coinbase CEO
Coinbase CEO and co-founder Brian Armstrong have applauded the work of citizen journalists and blockchain analysts surrounding the unfolding FTX crisis and its former CEO Sam Bankman-Fried.
10.11 / 13:17
business
Binance
regulation
coinbase
Unclear regulations drove 95% of trading activity offshore: Coinbase CEO
Coinbase CEO Brian Armstrong was not delighted with the news about the United States regulators looking into FTX.US along with Coinbase and Binance.US in the wake of the FTX crisis.
09.11 / 12:51
business
Tether
coinbase
Usd Coin
Tether, Circle and Coinbase deny having exposure to FTX and Alameda
Amid the liquidity crisis that fell over crypto exchange FTX and trading firm Alameda Research, some of the largest crypto companies face calls for transparency to let users know if there are risks. However, executives assured the community that they do not have exposure to either of the troubled firms.
04.11 / 06:15
business
coinbase
Report
Q3
Coinbase transaction revenues plummet 44% as users activity declines in Q3
Crypto exchange Coinbase saw a huge fall in its transaction revenues in the third quarter after activity fell amid a broader market downturn, but managed to cut its losses in half compared to the prior quarter.
31.10 / 15:59
coinbase
Bitcoin
Billionaire Coinbase CEO has Just Made This Crypto Prediction – Will it Happen?
Coinbase CEO Brian Armstrong has forecasted that Bitcoin will become a serious flight-to-safety asset within the next five or 10 years.
details regarding Brian Armstrong
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