Tag Archives: binance

Top Coinbase executives sold their shares for $1.2 billion

Top Coinbase executives sold their shares for $1.2 billion

What Happened. Top executives at Cryptocurrency exchange Coinbase sold $1.2 billion worth of the company’s stock between its initial public offering (IPO) and February 2022. Among them were the exchange’s CEO Brian Armstrong, co-founder Fred Ersam, and top executives Emily Choi and Surojit Chatterjee, the Wall Street Journal (WSJ) reported. Armstrong still holds a controlling 59.5 percent stake.

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Terra 2.0 ecosystem launch scheduled for May 27

Terra 2.0 ecosystem launch scheduled for May 27

According to the Terra team, tomorrow, May 27, a new Blockchain based on the Terra network will be launched, but without the TerraUSD (UST) algorithmic stackcoin. The Token of the old network will be called “Luna Classic (LUNC)”, while the new Token will retain the old name “LUNA. The developers reported that the new Terra Core code has already been released and the code base has been verified by SCV Security.

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