Pull to refresh
Logo
Daily Brief
Following
Why Sign Up
Brian Armstrong

Brian Armstrong

CEO of Coinbase

Appears in 2 stories

Born: January 25, 1983 (age 43 years), San Jose, CA
Net worth: 9.5 billion USD (2026)
Education: Bellarmine College Preparatory and Rice University
Nationality: American

Notable Quotes

"Caroline Crenshaw was a failure as an SEC Commissioner and should be voted out. She tried to block the Bitcoin ETFs and was worse than Gensler on some issues." — December 2024

Stories

Crypto industry contraction deepens in 2026

Money Moves

Leading workforce reduction; presenting Q1 2026 results

Coinbase, the largest US-listed cryptocurrency exchange, posted Q1 2026 revenue of roughly $1.5 billion on May 7—down about 26% from a year earlier. Two days before the print, Chief Executive Brian Armstrong confirmed the company is eliminating roughly 700 jobs, or 14% of staff, citing lower trading volumes and softer token prices through the quarter.

Updated 2 hours ago

The SEC's crypto U-turn

Rule Changes

Led industry opposition to Crenshaw

Caroline Crenshaw walked out of the SEC on January 2, 2026, leaving the agency with three commissioners—all Republicans—for the first time in nearly two decades. She was the lone vote against Bitcoin ETFs, the single dissent on 13 crypto approvals, and the industry's most consistent obstacle. Her departure didn't just tilt the commission. It erased the opposition.

Updated Jan 5