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Coinbase VP of Business and Data Will Leave Over Mission Statement
9.10.2020
In a LinkedIn post, Vice President of Business and Data Dan Yoo announced he was leaving the company after CEO Brian Armstrong released a blog post saying the company was moving in an ‘apolitical’ direction and later offered a severance package for employees who disagreed
Coinbase hemorrhages employees following controversial culture stance
8.10.2020
Coinbase CEO Brian Armstrong publishes further details about his company's changing landscape
5% of Coinbase Employees Take Severance Offer Over ‘Apolitical’ Stance
8.10.2020
Sixty of Coinbase’s 1,200 employees have accepted the exit package offered by CEO Brian Armstrong, according to a memo obtained by CoinDesk
Reading Between the Lines of Brian Armstrong’s Mission Memo
8.10.2020
Brian Armstrong's apolitical stance speaks to an unhealthy Silicon Valley culture where debate is shut down and substantive conversations happen underground
Coinbase Employees Have Begun to Take Severance Packages
3.10.2020
CEO Brian Armstrong and other managers at the San Francisco-based crypto exchange told employees in company- wide meetings that Armstrong had been planning this move for six months
The avaricious misanthropy of Brian Armstrong
1.10.2020
If the mission is to create economic freedom for Coinbase's CEO, he's taking all the right steps
Twitter’s Jack Dorsey takes aim at Coinbase's apolitical stance
1.10.2020
Twitter CEO Jack Dorsey has called out Coinbase for seeking to suppress political activism and suggesting employees who think differently should leave
Twitter’s Dorsey Calls Out Coinbase CEO For Ignoring Users’ ‘Societal Issues’
1.10.2020
Twitter’s CEO and founder Jack Dorsey has tweeted his disapproval of Coinbase’s steering his company away from corporate activism. See also: Coinbase’s New Policy: Anti-Woke or Just a Joke?
Coinbase Offers Severance Package to Employees Unsatisfied With ‘Apolitical’ Mission
30.9.2020
Coinbase's CEO has issued a company-wide letter informing employees to get in line with a new cultural shift or take a severance package
Coinbase’s New Policy: Anti-Woke or Just a Joke?
29.9.2020
CEO Brian Armstrong’s letter has not just the crypto world but the larger world of tech and business talking about the role of corporations in society
Relief and Regret: Crypto Twitter Reacts as Coinbase Says No to Corporate Activism
29.9.2020
Brian Armstrong has split crypto down the middle after taking the stance that Coinbase will remain "laser focused" on its mission and keep activism out of the workplace
Coinbase Has Drawn a Line in the Sand for Its Activist Employees
29.9.2020
Is Brian Armstrong right to eschew corporate activism for a focus on the "mission"?
Crypto-Fueled Market Openbazaar to Close Shop Unless OB1 Raises Community Funding
27.9.2020
On September 25, the creators of the decentralized marketplace, Openbazaar, announced that unless the project can gather community funding, the supporting services like seed nodes and the API wallet will shut down. The firm behind the project, OB1 is also removing the Haven app from the iOS...
US Banks Can Now Hold Reserves for Stablecoin Issuers, Says Federal Banking Regulator
22.9.2020
The U.S. Office of the Comptroller of the Currency (OCC) on Monday published a letter clarifying that national banks and federal savings associations can now hold reserves for stablecoin issuers in the country. According to the OCC’s interpretive letter, reserve accounts can either be funded...
Apple forces Coinbase to change its crypto products, says CEO
14.9.2020
Brian Armstrong has taken Apple to task over its allegedly exclusionary policies towards crypto app developers
Apple Censors Some Cryptocurrency and Defi Features of Coinbase App
13.9.2020
Apple Inc. has censored some cryptocurrency features of the Coinbase app. Specifically, Apple has blocked Coinbase from adding to its iOS app the ability to earn money using cryptocurrency and access to decentralized finance (Defi) apps. Apple vs. Coinbase Cryptocurrency exchange Coinbase has been...
Microstrategy’s $250 Million Bitcoin Buy Consequential
2.9.2020
When a publicly owned company decides to invest about $250 million in an asset that was widely attacked more than a decade ago, it says a lot about how the world has changed. The reasons and the timing of Microstrategy’s bitcoin incursion could not have come at a better time for...
OCC Chief Says Americans Gravitating Toward Digital Currencies: Urges Banks to Embrace Innovation
21.8.2020
Brian Brooks, the acting comptroller of currency at the U.S. Office of Comptroller of Currency (OCC), says America must adopt digital currency payment rails if the country hopes to compete with global payment rails in the future. He insists changing consumer needs must be prioritized over...
Brian Tockey: Bitcoin, Regression Theorem, and Defining Money
9.8.2020
It’s relatively common to see the regression theorem being mentioned in economic discussion, especially when it comes to whether or not something is money. This is surprising because the regression theorem has absolutely nothing to do with money or the definition of money. Regression theorem...
Americans to Buy Bitcoin With Their Second Stimulus Checks After Initial Investment Turned in 50% Profit
27.7.2020
U.S. investors may be planning to use their second $1,200 stimulus money to buy bitcoin – again. The U.S. government is, on Monday, expected to approve plans for this second payout, White House officials have confirmed. The bailout is intended to cushion families against the covid-19 fallout....