Acum 10 h
Brian Armstrong explains 88 COIN stock sales, cites risk management and 10b5-1 plan
On January 5, 2026, Coinbase cofounder and CEO Brian Armstrong defended his record of 88 stock sales and zero open-market purchases executed under a 10b5-1 plan. He said regulatory rules bar him from buying COIN on Coinbase as a Section 16 officer and argued it would be unreasonable to keep virtually all his wealth in a single stock after more than a decade at the company. Armstrong maintains that most of his net worth remains in Coinbase shares and says some sale proceeds are being used to help launch other businesses, as the exchange pushes toward an "everything exchange" strategy including traditional stock trading.
Selectat
Acum 10 h
acum 1 zile
Florida lawmakers advance state crypto reserve with $500B threshold, effective July 1, 2026
Florida Representative John Snyder sponsored HB 1039, and Senator Joe Gruters filed SB 1040 and SB 1038 to set up a state-run strategic cryptocurrency reserve that requires an average market capitalization of $500 billion for eligible assets. The legislation includes a conditional effective date of July 1, 2026, and, for now, only Bitcoin meets the criteria, with Ethereum around $380 billion.
BTC
BTC-0.31%
acum 1 zile
acum 1 zile
Senator Kennedy vows CLARITY Act crypto markup vote will proceed on January 16, 2026
On January 6, 2026, Senator John Kennedy said the Senate Banking Committee will hold a markup vote on the CLARITY Act, a crypto market structure bill, on Thursday, January 16, 2026. The legislation, led by Chairman Tim Scott, would define how the SEC and CFTC oversee digital asset markets, but disagreements over DeFi, yield-bearing stablecoins and ethics concerns around Trump-linked crypto ventures still stand in the way. If the Senate fails to advance the bill by the end of January and pass it by April, its prospects of becoming law in 2026 could diminish significantly.
acum 1 zile
acum 2 zile
Multisig wallet hacker moves $27.3M haul and 6,300 ETH through Tornado Cash after December 18 breach
On December 18, a hacker drained $27.3 million from a compromised multisig crypto wallet and has since begun off-loading funds via Tornado Cash. On-chain data shows the attacker pulled 1,000 ETH worth $3.24 million from Aave while still holding a $9.75 million leveraged long, and has funneled a total of 6,300 ETH valued at $19.4 million through the mixer. Separate Tornado Cash activity tied to a pig-butchering investment scam and other 2025 exploits highlight industry-wide losses exceeding $117.8 million in December and $3.4 billion for the year.
ETH
ETH-2.22%
acum 2 zile
acum 2 zile
PBOC outlines 2026 plan to expand digital yuan and cross-border RMB infrastructure after Laos pilot
On January 5–6, 2026, the People's Bank of China set out a work plan to steadily advance the digital yuan and upgrade infrastructure for cross-border RMB use. The central bank aims to promote e-CNY in trade and investment, broaden international payment system links, and deepen QR code payment cooperation with other countries. It will also maintain a moderately loose monetary stance in 2026, refine Bond Connect and Swap Connect, and tighten oversight of virtual cryptocurrencies and related illicit activities.
acum 2 zile