#Binance shouldn't be licensed anywhere in the globe🌍 .
@binance had 3 years to acquire a license in EU🇪🇺 , but it has chosen #Greece🇬🇷 as a back door, but still failed.
This tweet will age well.
An update on our MiCA licensing journey 🇪🇺
Binance remains fully committed to securing our MiCA license and operating under a unified European framework.
With 1,500+ compliance professionals globally, we continue to work closely with regulators while keeping users at the center of every decision.
Our priority remains clear: minimize disruption and deliver the best possible experience for our users.
We will provide a further update before 30 June 2026.
Read the official statement 👉 https://t.co/DDjPj5c9YU
1,000 CHF #Swiss#Franc is the highest value printed banknote in the world.
Fiat system prints🖨️ whenever needs to spend more; easy money causes inflation.
#Bitcoin fixes this.
I've been investigating the freezing of two USDT wallets (Sr9 & ZH81) by @tether that allegedly belongs to Bank of Iran🇮🇷 .
Total amount ≈340M USDT, dormant since mid 2023.
Received 1.5M USDT in total from @binance.
1.5/340 ≈0.4%
@_RichardTeng care to confirm this!
I'm giving up my Hardware ledger Nano X 24 words seed:
monkey borrow banana because pizza deliver robot discover wallet empty goat panic casino clown trade rocket moon return zero profit owner cry again inside
Out of Crypto.
No one should brag and be proud of being a rat🤨!
I snitch to Tether & Binance! The same companies who abuse regular users and never provide support.
1/ The $150M+ DSJ Exchange (DSJEX) / BG Wealth Sharing Ponzi scheme collapsed last week. From April 27 – May 3, illicit actors laundered $92M+ across chains to obscure the trail.
I helped lead an initiative with @Tether_to, @Binance Security Team, @OKX, & US law enforcement that has since frozen $41.5M+.
The Achilles vs Hector duel in Troy (2004) is where the movie fully locks in. Brad Pitt fights with this terrifying speed while Eric Bana makes Hector feel exhausted and honorable all at once. Still one of the cleanest sword fights put on screen
@P3b7_@SCBuergel@Ledger Charles,
It is not about finding smart answers, it's about taking the community's comments and discussing them within your sec-dev-op teams and seek perfection, especially with the dangers of AI.
80,000$ is the same price, entirely different mindset.
2024 was about the glory, 2026 is about surviving the trenches.
Who is still holding?💎🙌
#Bitcoin#BTC#Lebanon#Beirut
الرئيس جوزاف عون امام فريق Semicolon Security للامن السيبراني:
استحداث وزارة شؤون التكنولوجيا والذكاء الاصطناعي يعكس مدى الاهتمام الذي توليه الدولة بالتطور العلمي والتقني وسعيها لإنشاء الحكومة الالكترونية
We experienced an outage at Coinbase last night, which is never acceptable. The root cause was a room overheating in an AWS datacenter when multiple chillers failed. We design our services to be redundant to downtime in any one AWS Availability Zone (AZ), and most of our systems worked this way last night, but not all.
Our centralized exchange did not. Exchanges have unique architectures that optimize for latency and co-location of clients. It is possible to make exchanges resistant to AZ failures, but this can introduce latency delays that are not desirable along with breaking customer co-location. Given this incident, we'll revisit these tradeoffs to ensure we're giving you the best possible venue to trade. At a minimum, the duration of an outage should be able to be reduced considerably when an AZ move is needed.
Thank you to the AWS and Coinbase teams for working through the night to mitigate the issue. We’ll share the detailed technical summary once it's ready.
This is an email I sent earlier today to all employees at Coinbase:
Team,
Today I’ve made the difficult decision to reduce the size of Coinbase by ~14%. I want to walk you through why we're doing this now, what it means for those affected, and how this positions us for the future.
Why now
Two forces are converging at the same time. We need to be front footed to respond to both.
First, the market. Coinbase is well-capitalized, has diversified revenue streams, and is well-positioned to weather any storm. Crypto is also on the verge of the next wave of adoption, with stablecoins, prediction markets, tokenization, and more taking off. However, our business is still volatile from quarter to quarter. While we've managed through that cyclicality many times before and come out stronger on the other side, we’re currently in a down market and need to adjust our cost structure now so that we emerge from this period leaner, faster, and more efficient for our next phase of growth.
Second, AI is changing how we work. Over the past year, I’ve watched engineers use AI to ship in days what used to take a team weeks. Non-technical teams are now shipping production code and many of our workflows are being automated. The pace of what's possible with a small, focused team has changed dramatically, and it's accelerating every day.
All of this has led us to an inflection point, not just for Coinbase, but for every company. The biggest risk now is not taking action. We are adjusting early and deliberately to rebuild Coinbase to be lean, fast, and AI-native. We need to return to the speed and focus of our startup founding, with AI at our core.
What this means
To get there, we are not just reducing headcount and cutting costs, we’re fundamentally changing how we operate: rebuilding Coinbase as an intelligence, with humans around the edge aligning it. What does this mean in practice?
- Fewer layers, faster decisions: We are flattening our org structure to 5 layers max below CEO/COO. Layers slow things down and create coordination tax. The future is small, high context teams that can move quickly. Leaders will own much more, with as many as 15+ direct reports. Fewer layers also means a leaner cost structure that is built to perform through all market cycles.
- No pure managers: Every leader at Coinbase must also be a strong and active individual contributor. Managers should be like player-coaches, getting their hands dirty alongside their teams.
- AI-native pods: We’ll be concentrating around AI-native talent who can manage fleets of agents to drive outsized impact. We’ll also be experimenting with reduced pod sizes, including “one person teams” with engineers, designers, and product managers all in one role.
In short: AI is bringing a profound shift in how companies operate, and we’re reshaping Coinbase to lead in this new era. This is a new way of working, and we need to leverage AI across every facet of our jobs.
To those who are affected
I know there are real people behind these decisions — talented colleagues who have poured themselves into this company and our mission. To those of you who will be leaving: thank you. You’ve helped build Coinbase into what it is today, and I am sincerely grateful for everything you've done.
All impacted team members will receive an email to their personal account in the next hour with more information, and an invitation to meet with an HRBP and a senior leader in your organization. Coinbase system access has been removed today. I know this feels sudden and harsh, but it is the only responsible choice given our duty to protect customer information.
To those affected, we will be providing a comprehensive package to support you through this transition. US employees will receive a minimum of 16 weeks base pay (plus 2 weeks per year worked), their next equity vest, and 6 months of COBRA. Employees on a work visa will get extra transition support. Those outside of the US will receive similar support, based on local factors and subject to any consultation requirements.
Coinbase prides itself on talent density. Our employees are among the most talented people in the world, and I have no doubt that your skills and experience will be highly sought after as you pursue your next chapters.
How we move forward
To the team that is staying, I know this is a difficult day. We’re saying goodbye to colleagues and friends you've been in the trenches with. But here’s what I want you to know as we move forward together:
Over the past 13 years, we have weathered four crypto winters, gone public, and built the most trusted platform in our industry. We’ve made it this far by making hard decisions and by always staying focused on our mission. This time will be no different – nothing has changed about the long term outlook of our company or industry. And most importantly, our mission has never been more important for the world. Increasing economic freedom requires a new financial system, and we’re building it.
The Coinbase that emerges from this will be more capable than ever to achieve our mission.
Brian