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Coinbase CEO Brian Armstrong took home nearly $60 million in total compensation last year

Coinbase CEO Brian Armstrong took home nearly $60 million in total compensation last year

Coinbase CEO Brian Armstrong took home nearly $60 million in total compensation last year, according to the exchange operator’s S-1 Form published Thursday. That figure includes $1 million in salary, $56.7 million worth of stock options granted at a fair value, and $1.8 million marked as “all other compensation.” Armstrong’s total benefit for the year …

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PayPal CEO says the payments giant wants to be 'the digital wallet for global CBDCs'

PayPal CEO says the payments giant wants to be ‘the digital wallet for global CBDCs’

PayPal CEO Dan Schulman said Thursday that he sees PayPal playing a significant role in the utility of central bank digital currencies (CBDCs). On the company’s investor day call, Schulman said PayPal is gearing up to be “the digital wallet for global CBDCs.” PayPal’s newly unveiled product roadmap for crypto includes becoming a CBDC platform. …

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Bitcoin price briefly fell below $30,000 as derivatives positions worth more than a billion-dollar get liquidated

Big institutions are only interested in bitcoin, says NYDIG CEO

A crypto rally has been in full swing, but the biggest investors looking at the market are only interested in bitcoin, according to one industry CEO.  In the latest episode of The Scoop, NYDIG chief executive Robert Gutmann said that most of the serious investors he’s speaking with are only interested in the largest crypto …

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OKEx CEO Says Exchange Updating Procedures to Prevent Repeat of Withdrawal Freeze Issue

OKEx CEO Says Exchange Updating Procedures to Prevent Repeat of Withdrawal Freeze Issue

Jay Hao, CEO of Malta-based cryptocurrency exchange OKEx, said his firm has taken steps to ensure the issue that caused a freeze of over five weeks in cryptocurrency withdrawals cannot reoccur. In an ask-me-anything (AMA) session, a transcript of which was published on Wednesday, Hao said the incident led the exchange “to make several improvements …

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Apple will not feature Dapps on AppStore, forbids crypto transactions: Coinbase CEO

Apple will not feature Dapps on AppStore, forbids crypto transactions: Coinbase CEO

Co-founder and CEO of Coinbase, Brian Armstrong recently shared, in a twitter thread his thoughts on Apple’s App Store restrictions that do not allow iOS users to earn money using cryptocurrency. The CEO also made claims that Apple told Coinbase that it was ’not appropriate’ for the App Store to allow iOS customers to use …

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Uniswap fork SushiSwap has crossed $700 million in total value locked within three days of the project announcement

SushiSwap founder transfers the project control to FTX CEO

Chef Nomi, the anonymous founder behind the viral decentralized finance (DeFi) project SushiSwap, has transferred the project control to FTX CEO Sam Bankman-Fried. The decision comes soon after Nomi faced intense criticism from the DeFi community for converting a portion of SUSHI tokens, meant for the development of the SushiSwap ecosystem, to ether (ETH) yesterday. …

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LMAX CEO says household names will enter crypto in the next two years

LMAX CEO says household names will enter crypto in the next two years

The next two years will be critical for institutions entering crypto, according to David Mercer, CEO of LMAX, and the much-awaited wave of interest will be driven by the customer. On this week’s episode of The Scoop, Mercer told The Block LMAX Digital has already seen a significant uptick in inquiries from banks and funds …

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