Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’ – Bitcoin News

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The news Coinbase CEO Brian Armstrong shared comes at a time when the public is looking directly at exchange balances following FTX’s turbulent collapse.

What do you think about the Coinbase CEO explaining that as of September the firm held 2 million bitcoin worth $39.9 billion? Let us know what you think about this subject in the comments section below.Jamie Redman is the News Lead at Bitcoin.

com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

 

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Exchanges are publicly showing their reserves for users to feel 'safe' that an FTX type event won't happen to them. But most users learned to not hold their money on exchanges

I am interested in it. I'm trading now

Like 20 billion in usdt and usdc was sent to them in the past 2 weeks. I smell bs

Ma man.

BTCbitcoin0 Sbf was brave, want to fight with every country

It is clear BTC has proved its use case during this uncertain times. We need more experts like cryptoolsen20, who educate people on the evolution of the market so people avoid common mistakes. so they don't walk out of the market feeling frustrated! Keep up the great work!

JUST IN

must check!

deCENTRALIZED

Coinbase is moving to be rekt in near time

Gemini planned this to trap our funds, they must have gotten a handsome cut, now Genesis declaring bankruptcy to get off the hook

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