Coinbase CEO: Binance incident will open a new chapter for the industry
Coinbase CEO Brian Armstrong posted on X platform that today's news (Binance's settlement with US regulators) once again proves that making difficult decisions is the right thing to do. We now have the opportunity to start a new chapter in this industry. Due to the lack of clear regulation, we have encountered many difficulties in our operations in the United States. We hope that today's news can be a catalyst to finally achieve this goal. Americans should not have to go to unregulated offshore exchanges to benefit from this technology. This industry should be established in compliance with US laws on American soil, and we will stay in the United States because we believe in economic freedom, and the democratic system in the United States will ultimately achieve this.
Coinbase CEO Brian Armstrong: On-Chain is the New Online, Crypto Companies Could be Tech Giants of Tomorrow
Coinbase CEO Brian Armstrong believes that blockchain and crypto could become the tech giants of tomorrow, as on-chain technology is transforming people's lives just as the internet did two decades ago. On-chain is about digital assets, broader access to financial services, and even changes how we think about identity, governance, artwork, and non-financial services. Coinbase's Q3 revenue of $674.15 million exceeded financial analysts' expectations, but Armstrong notes that regulatory clarity in the US is still a major issue holding back the industry's growth. Despite this, Coinbase's stock COIN is trading at $85.80, up over 12% since the start of the month.
Coinbase Founder Brian Armstrong Unveils Web3 Version of LinkedIn as New Crypto Startup Idea
Coinbase founder Brian Armstrong has received over 150 project applications and announced an 11th startup idea, a Web3 version of LinkedIn, which aims to revolutionize employment and credential verification in the emerging Web3 era. This new concept would allow corporations to issue soul-bound NFTs to validate employment and qualifications, providing a secure and transparent method of certifying professional qualifications.
Coinbase Founder Adds Eleventh 'Startup Idea': A Web3 Version of LinkedIn
September 6th, Coinbase founder Brian Armstrong tweeted： we have received over 150 applications so far!I will add another idea (#11): a Web3 version of LinkedIn.
Coinbase CEO Participates in On Chain Summer Music NFT Auction
Coinbase CEO Brian Armstrong announced on social media that he participated in the On Chain Summer music NFT auction. The auction page shows that Armstrong bid 0.88 ETH for the NFT.On Chain Summer is an incentive activity for the launch of Coinbase's L2 network Base on the mainnet. The NFT of the same name was created by crypto artist @15 years of song a day.
Jack Dorsey Willing to Partner with Coinbase CEO to Build Bitcoin Payments System
Jack Dorsey, the tech mogul, has expressed his willingness to collaborate with Coinbase CEO Brian Armstrong to create a Bitcoin payments system. Armstrong had earlier stated that there was a need for a global free and instant crypto payments system. Dorsey responded by suggesting that the focus should be on Bitcoin and layer-2 technologies, and expressed his gratitude towards Coinbase for introducing more people to Bitcoin than anyone else. He also emphasized the need for an open protocol for money transmission for the internet that is not controlled by a single individual, company, or government.
Coinbase Co-founder Brian Armstrong Announces Intent to Incorporate Lightning Network into Platform
Brian Armstrong, co-founder of Coinbase, has expressed his support for Bitcoin's progress and announced plans to incorporate Lightning into their platform. He refuted claims that Coinbase has ignored Bitcoin, stating that they have onboarded more people to Bitcoin than any other company. Armstrong's comments come amid criticism of Coinbase's alleged neglect of Bitcoin and its Layer 2 technology, Lightning Network, which promises faster and cheaper transactions. Former Twitter CEO Jack Dorsey responded to Armstrong's announcement, initially questioning Coinbase's focus on Bitcoin and Lightning, but later expressing willingness to collaborate. Dorsey reiterated the importance of an open protocol for money transmission, aligning with the philosophy of cryptocurrencies like Bitcoin.
The BALD Memecoin's Connection to Coinbase and Rumors of Insider Trading
The value of the relatively new memecoin BALD has surged by an incredible 10,000% in recent weeks, causing excitement and caution among investors. This particular memecoin is unique in its compatibility with BASE, a new blockchain developed by Coinbase crypto exchange. Rumors have emerged linking BALD to the CEO of Coinbase, Brian Armstrong, due to a large supply of $cbETH in possession of an unknown whale. However, there is currently no concrete evidence linking Armstrong directly to BALD memecoin, and any connections should be treated as speculative without verified evidence.
Twitter Co-Founder Presses Coinbase CEO on Ignoring Bitcoin's Lightning Network
Coinbase CEO Brian Armstrong faced questioning from Twitter co-founder Jack Dorsey over his alleged disregard for Bitcoin's lightning network, a layer-2 scaling solution designed to make BTC easier to spend. Armstrong claimed that the next step for crypto was to make payments "instant and free globally" through collective work on layer 2 solutions and user onboarding. While Armstrong did not respond to Dorsey directly,
Coinbase CEO Brian Armstrong Sells Almost 2% of Company Stake To Fund Startups
Coinbase CEO Brian Armstrong has sold almost 27,600 COIN shares, generating $2.9 million and bringing the total number of shares sold to 681,672, or 86% of his pledge to sell 2% of his company stake to fund other startups.
