Coinbase, one of the leading cryptocurrency exchanges, and its CEO, Brian Armstrong, face a new legal challenge. A new class-action lawsuit alleges that investors were misled into purchasing securities and that the company’s business model violates state laws. The lawsuit, filed in the United States District Court for the Northern District of California San Francisco […]
Binance founder Changpeng “CZ” Zhao has seen his wealth balloon just as much as he pleaded guilty to recent U.S. criminal charges and abandoned the CEO position at the cryptocurrency exchange. According to the Bloomberg Billionaires Index, Zhao’s wealth ballooned by over $23 billion in 2023, positioning him as one of the top gainers among […]
Coinbase CEO opposes CFTC’s actions on DeFi protocols in the United States. His main concern revolves around the possible weakening of the nation’s industry strength. Furthermore, Armstrong is urging DeFi protocols not to settle and instead pursue these cases in court. He argues that setting a precedent is crucial, as he believes the claims lack […]
Coinbase CEO Brian Armstrong has publicly recognized the user experience (UX) issues affecting the Coinbase app. He has committed to resolving these problems as soon as details were made during the current “Onchain Summer” event on the platform’s new layer-2 network, Base. In a straightforward and honest tweet posted on August 13, Armstrong recognized the […]