Saturday, 1 November, 2025
Coinbase CEO Trolls Prediction Markets on Earnings Call
Coinbase CEO Brian Armstrong deliberately mentioned several crypto buzzwords, including "Bitcoin," "Ethereum," and "Web3," during the company's Q3 earnings call to instantly settle prediction markets. The spontaneous "troll" action, which resolved nearly $90,000 in wagers on platforms like Kalshi and Polymarket, sparked a debate. While some called it a harmless joke, others criticized the regulated executive for appearing to manipulate a market.
Read full story at TechCrunch