GoKawiilCoinbase's Armstrong addresses Binance hack fallout and shifting crypto politics
In his first TV interview since Binance was hacked, Coinbase CEO Brian Armstrong discussed cybersecurity vulnerabilities in crypto, the prolonged market slump, and the political landscape following midterm elections that gave Democrats control of Congress. He noted Coinbase blocked transfers to compromised wallets and offered direct assistance to Binance during the breach, and called for greater industry collaboration in such moments.