Crypto Daily
  • Projects
    • Binance Smart Chain
    • Solana
    • Polygon
    • Play to Earn
    • Cardano
    • Avalanche
    • Terra
    • Fantom
    • Celo
    • Harmony
    • NEAR
  • News
    • Market
    • Ecosystems
      • Binance Smart Chain (BSC)
      • Polygon (MATIC)
      • Solana (SOL)
      • Ethereum (ETH)
    • Play To Earn
    • NFT
    • DeFi
    • AMA Recap
    • Press Release
  • Learn
    • Price Prediction
    • Review
    • Guides
      • Technical Analysis 101
    • Top Picks
    • Tips
    • Cryptocurrency
    • Analysis
      • Deep Dive Series
  • Calendar
  • Contact Us
No Result
View All Result
Crypto Daily
  • Projects
    • Binance Smart Chain
    • Solana
    • Polygon
    • Play to Earn
    • Cardano
    • Avalanche
    • Terra
    • Fantom
    • Celo
    • Harmony
    • NEAR
  • News
    • Market
    • Ecosystems
      • Binance Smart Chain (BSC)
      • Polygon (MATIC)
      • Solana (SOL)
      • Ethereum (ETH)
    • Play To Earn
    • NFT
    • DeFi
    • AMA Recap
    • Press Release
  • Learn
    • Price Prediction
    • Review
    • Guides
      • Technical Analysis 101
    • Top Picks
    • Tips
    • Cryptocurrency
    • Analysis
      • Deep Dive Series
  • Calendar
  • Contact Us
No Result
View All Result
Crypto Daily
No Result
View All Result

Coinbase CEO Brian Armstrong Becomes Crypto Billionaire

by Crypto Daily
November 17, 2018
in Uncategorized
Lis09 10 Armstrong
  • Facebook
  • Twitter
  • Email

The cryptocurrency industry, as it would appear, still proves to be a lucrative venture for a number of entrepreneurs and investors, despite the prevailing bear market experienced almost all year long, consequently resulting in the total market capitalization’s unprecedented price plunge to just roughly $200 billion.

Nevertheless, founders and operators of a number of crypto startups, mostly dominated by exchanges, have so far remained resilient amid the crypto market’s almost year-long abysmal performance. One of which includes 35-year old Brian Armstrong, CEO, and co-founder of the largest cryptocurrency exchange in the U.S., Coinbase.

Following a recently completed $300 million funding round led by Tiger Global Management, Coinbase’s value has escalated to an all-time high of $8 billion. As a result, Armstrong’s net worth has massively spiked from roughly $900 million and $1 billion earlier this year, to now over $1.3 billion.

Born 1983 in San Jose, California, Armstrong has lived a well-heeled, albeit confined life. Raised by both successful engineers, his parents have fostered his intellect, providing him a comfortable environment conducive to learning.

While he views the Internet as a tool that possesses massive potential in revolutionizing society, he had always felt that it may be too late for him to play a key role in the Internet revolution.

When Armstrong stumbled upon Satoshi Nakamoto’s Bitcoin whitepaper, the concept immediately sparked his fascination, as he became increasingly drawn to the idea of a decentralized virtual currency completely independent from governments and central banks.

He believes that the nascent technology could pave the way for a utopian financial system free from politics that have long plagued the traditional currency and economic system, undermining its reliability.

Thereafter, Armstrong left his previous post at Airbnb and founded Coinbase as a platform that would enable users to purchase digital assets either via bank transfers or cards.

  • Facebook
  • Twitter
  • Email
Crypto Daily

Crypto Daily

Related Posts

Norion Is Migrating To Polygon To Get The Most Out Of Tokenization 
Uncategorized

Norion Is Migrating to Polygon to Get the Most Out of Tokenization 

June 21, 2022
Voice Ama With Snapn Recap
Uncategorized

Voice AMA with SnapN recap

June 20, 2022
Hex Trust Integrates Polygon To Enable Fully-Licensed And Highly-Secure Custody Support
Uncategorized

Hex Trust integrates Polygon to enable fully-licensed and highly-secure custody support

June 13, 2022
Voice Ama With Daorecords: Music Nfts Recap
Uncategorized

Voice AMA with DAOrecords: Music NFTs recap

June 1, 2022
Nested Goes Live On Polygon
Uncategorized

Nested goes live on Polygon

May 31, 2022
Making Space Accessible And Affordable To All, Copernic Space And Lunar Outpost Mint First True Moon Asset On Polygon. 
Uncategorized

Making space accessible and affordable to all, Copernic Space and Lunar Outpost mint first true Moon asset on Polygon. 

May 30, 2022
Load More
  • About Us
  • Contact Us
  • Disclaimer
  • Calendar
  • ChainPlay

© 2022 CRYPTO DAILY

No Result
View All Result
  • Projects
    • Binance Smart Chain
    • Solana
    • Polygon
    • Play to Earn
    • Cardano
    • Avalanche
    • Terra
    • Fantom
    • Celo
    • Harmony
    • NEAR
  • News
    • Market
    • Ecosystems
      • Binance Smart Chain (BSC)
      • Polygon (MATIC)
      • Solana (SOL)
      • Ethereum (ETH)
    • Play To Earn
    • NFT
    • DeFi
    • AMA Recap
    • Press Release
  • Learn
    • Price Prediction
    • Review
    • Guides
      • Technical Analysis 101
    • Top Picks
    • Tips
    • Cryptocurrency
    • Analysis
      • Deep Dive Series
  • Calendar
  • Contact Us

© 2022 CRYPTO DAILY