Coinbase CEO's bizarre final words on Q3 call just paid off a lucky few

During Coinbase's third-quarter earnings call, CEO Brian Armstrong spontaneously mentioned a list of crypto buzzwords—Bitcoin, Ethereum, blockchain, staking, and Web3—in the final seconds. This action was done to resolve prediction markets on platforms like Kalshi and Polymarket, where users had bet on whether these specific terms would be used. Armstrong later explained on X that the decision was spontaneous after a team member shared a prediction market link in the chat. While many bettors were delighted that their wagers paid off, the move raised concerns among others about the potential for insiders to manipulate markets. Despite the unusual ending, Coinbase reported strong Q3 results, achieving a net income of $432.6 million and revenue of $1.9 billion, alongside increasing its Bitcoin holdings.

(Source：Cointelegraph)