Brian Armstrong plans to sell $1.31 billion worth of COIN stock by October 2027.
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Coinbase CEO Brian Armstrong plans to sell $1.31 billion worth of COIN stock by October 2027, stating that the sale will only take place when the stock price reaches a high target, and that most of his net worth will remain in COIN.
To mitigate liquidation risk, Kanye West's associated address sold 1390 ETH at an average price of $2275.6, worth $3.163 million, incurring a loss of $317,000. This address currently has 19506.17 ETH pledged to borrow $27.67 million worth of stablecoins, with a health score of 1.31. Liquidation will be triggered if the ETH price falls to $1689.59. (Ai Yi)
Coinbase CEO Brian Armstrong, co-founder Fred Ehrsam, and president Emilie Choi have developed a Rule 10b5-1 stock sale plan, intending to sell a total of up to approximately 13.6 million COIN shares, valued at approximately $2.2 billion. Armstrong plans to sell up to approximately 8.17 million shares between November 16, 2026, and October 2027, with the sale only proceeding if the share price reaches a predetermined threshold.
First Digital CEO Vincent Chok stated that First Digital has frozen the FDUSD stolen in the Binance attack and is working with the Binance team to resolve the issue. He added that they will share updates as they become available. Chok emphasized that the primary task is protecting FDUSD holders and preventing criminals from transferring the stolen funds. (Source: Cointelegraph)
The RaaS platform Caldera has introduced a freeze feature in its Caldera token contract on the Ethereum mainnet, restricting the transfer of ERA tokens held by Binance attackers.
Gemini co-founder Cameron Winklevoss stated that Zcash does not need a redesigned governance mechanism, as privacy is its core objective, and called for an end to the interference caused by Zcash Community Grants (ZCG). Previously, Winklevoss Asset filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for its Winklevoss Zcash ETF, intending to list it on Nasdaq under the ticker symbol WINK, with Gemini Trust Company serving as custodian.