Tagged: brian armstrong

Coinbase CEO Brian Armstrong Hammers SEC’s “Sketchy” Behavior as Regulator May Sue Digital Asset Firm for Lending Program

Yesterday, Coinbase (NASDAQ:COIN) posted a notice regarding receipt of a Wells Notice from the Securities and Exchange Commission (SEC) indicating the regulator may sue it due to its planned Coinbase Lend program. Around the same time Coinbase announced the regulators’ investigation, CEO Brian Armstrong took… Read More

Coinbase Adds Trading Support for COTI, a Protocol for Decentralized Payment Networks, Stablecoins

Beginning on Friday, August 27, 2021, COTI (COTI) will be available on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase clients are now able to trade, send, receive, or store COTI in “most Coinbase-supported regions, with certain exceptions” (certain jurisdictions excluded due to… Read More

White House Aligns with Limited Crypto Amendment. Will Digital Asset Innovation be Doomed?

Following the kerfuffle regarding the infrastructure bill’s inclusion of a broad definition of brokers in regards to digital assets, the blockchain industry joined in roundly criticizing the language as being extreme to the point of undermining crypto innovation. Soon, several Senators partnered to create a… Read More

The Under-Appreciated Significance of Coinbase Going Public

Once the Coinbase registration statement becomes effective and Coinbase shares trade publicly, a sea change will have occurred in the US without most people recognizing it.  Part of that unacknowledged difference will be the broader awareness of blockchain and cryptoasset trading it brings. It is… Read More

Coinbase Files S-1, Plans Listing on NASDAQ Raising Up to $1 Billion, Generated $1.3 Billion in Revenue in 2020

As anticipated, Coinbase has publicly filed an S-1 outlining its plans to complete an initial public offering (IPO) on the NASDAQ. Accrording to the filing, Coinbase intends to raise up to $1 billion and  trade under the ticker symbol of “COIN.” The filing shares that… Read More

Coinbase Adds Kelly Kramer, former CFO of Cisco, to its Board, Marc Andreessen to Transition to Board Director

Kelly Kramer, the former CFO at Cisco, has now joined the Board of Directors at digital asset exchange Coinbase. The San Francisco-based trading platform has also confirmed that Marc Andreessen will be transitioning to Board Director, from Board Observer. The news arrives when the crypto… Read More

New Digital Asset Regulations in the US Might Require Banks to Treat Crypto Users like Any Other Business, Quigley from HASHR8 Confirms

The team at HASHR8 Inc., a cryptocurrency mining and media firm that aims to support the “decentralized growth” of hashrate (or computing power used to secure digital currency networks) while enhancing the security of blockchains, has confirmed that Bitcoin has broken record highs and sentiment… Read More

Coinbase CEO Expresses Concerns About Potential New Regulations for Self-Hosted Crypto Wallets

Brian Armstrong, Co-founder and CEO at Coinbase, the leading US-based digital asset exchange, notes that this past week, the company heard rumors that the U.S. Treasury and Secretary Mnuchin had been planning to “rush out” some new regulations for self-hosted cryptocurrency wallets  – which would… Read More

Coinbase CEO Brian Armstrong Clarifies that Digital Asset Exchange Is “Laser-Focused” on Achieving “Sustained High Performance”

Brian Armstrong, CEO at Coinbase, a leading cryptocurrency exchange, has noted that there have been many challenging events in the world this year, including the COVID-19 pandemic, social unrest, west coast wildfires, and other really difficult situations. Armstrong wrote in a blog post that everyone… Read More

Coinbase CEO Brian Armstrong Claims Apple has been “Very Restrictive and Hostile” to Cryptocurrency

Brian Armstrong, CEO at San Francisco-based Coinbase, a leading digital asset exchange, claims that Apple (NASDAQ: AAPL) has been “very restrictive and hostile” to cryptocurrency during the past few years. Armstrong says that Apple is “still blocking some functionality right now, including the ability to… Read More

Coinbase to Move to a Remote-First Work Policy, Due to COVID-19 Outbreak

Brian Armstrong, CEO at San Francisco-based crypto exchange Coinbase, noted on May 20, 2020 that the firm would be moving to a remote-first policy, due to the COVID-19 outbreak. This means that most Coinbase employees will be able to work remotely from home. Armstrong confirmed… Read More

Coinbase’s Brian Armstrong Looks Back at Cryptocurrency’s Progress Over the Past Decade

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  Following the celebration of the new year/2020’s, Coinbase’s Co-Founder and CEO, Brian Armstrong, revealed his thoughts about cryptocurrency’s progress over the past decade. He observed the following: Armstrong stated that Bitcoin did not fail, as many predicted. He stated: “It’s easy to forget, but… Read More

San Francisco-based Crypto Exchange Coinbase Has Generated Nearly $2 Billion in Transaction Fees Since its Launch in 2012

Brian Armstrong, CEO of San Francisco-based crypto exchange Coinbase, revealed recently that the leading digital currency trading platform has generated almost $2 billion in transaction fees since it launched in 2012. Armstrong, whose comments came during Vanity Fair’s New Establishment Summit on October 23, sad… Read More

Report: Coinbase Says it was Signing Up 50,000 A DAY Last Year. Meanwhile Crypto Tanks

Even while crypto is tanking inciting fears of crypto doom, Coinbase marches onward ignoring the daily vacillations of the market. In a report from Bloomberg today, Coinbase CEO Brian Armstrong shared that during 2017 they were signing up a whopping 50,000 each and every day. He… Read More

Coinbase CEO Launches Cryptocurrency Donation Platform

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Coinbase CEO Brian Armstrong has launched a new cryptocurrency donation platform, givecrypto.org, to help those in need. GiveCrypto is described as a nonprofit that distributes cryptocurrency to people living in poverty. The platform’s mission is to financially empower people by distributing cryptocurrency globally. “Two bill people have… Read More

Follow that Unicorn! Coinbase Nabs $1B Revenue during 2017

Coinbase, co-founded by Brian Armstrong and Fred Ehrsam, provides support for Bitcoin, Ethereum and Litecoin in 32 countries, with over 10 million customers served and over $50B in digital currency exchanged. Now the six year-old digital wallet and crypto-exchange Coinbase has reportedly crossed $1 billion in revenue… Read More

Coinbase: It appears the price of Bitcoin Cash on other exchanges increased in the hours before our announcement

Coinbase believes it may have had some of its employees jump the gun prior to the announcement it would add Bitcoin Cash to the cryptocurrencies it managed. In a blog post, Brian Armstrong Coinbase CEO and co-founder, stated; “It appears the price of Bitcoin Cash… Read More

Unicorn Alert! Coinbase Raises $100 Million

Digital wallet and crypto-exchange Coinbase has raised $100 million in a Series D funding round led by well known VCs including IVP plus Spark Capital, Greylock Partners, Battery Ventures, Section 32 and Draper Associates. Having now exchanged over $25 billion in digital coin, Coinbase is becoming… Read More

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