Reported about 10 hours ago
During Coinbase's third quarter earnings call, CEO Brian Armstrong humorously engaged with prediction markets by intentionally mentioning buzzwords like Bitcoin and Ethereum that users had bet would be spoken. While this allowed some users to profit, it also raised concerns about market manipulation, as industry experts criticized Armstrong's actions. Coinbase, which is exploring its own prediction market initiatives, maintains that it prohibits employee involvement in these speculative activities.
Source: YAHOO