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Coinbase VP of Business and Data Will Leave Over Mission Statement

Coinbase VP Dan Yoo announced he'd be leaving the crypto exchange Friday due to CEO Brian Armstrong's new "apolitical" focus.

Updated Sep 14, 2021, 10:07 a.m. Published Oct 9, 2020, 3:13 p.m.
Fred Wilson of Union Square Ventures (left) with Brian Armstrong, CEO of Coinbase, at Consensus 2019.
Fred Wilson of Union Square Ventures (left) with Brian Armstrong, CEO of Coinbase, at Consensus 2019.

The vice president of business and data at Coinbase is leaving the company over its new “apolitical” mission.

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  • Dan Yoo explained in a LinkedIn post that his departure was because of the Oct. 7 deadline to express interest in a severance package for employees not comfortable with CEO Brian Armstrong’s recent blog post.
  • Yoo said he would stay at the company through the end of the year, if necessary, to help manage his transition out of the company.
  • On Thursday morning California time, Armstrong sent a memo to employees telling them 60 employees – or 5% of the company’s workforce – had taken the severance package. He later published a blog post about it.
  • A Coinbase spokesperson did not immediately return a request for comment.

Read more: 5% of Coinbase Employees Take Severance Offer Over ‘Apolitical’ Stance

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Protocol Research: GoPlus Security

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Bilinmesi gerekenler:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

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Bank of Japan Set to Hike Rates to 30-Year High, Posing Another Threat to Bitcoin

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Rising Japanese rates and a stronger yen threaten carry trades and could pressure crypto markets despite easing U.S. policy.

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  • According to the Nikkei, the Bank of Japan (BoJ) is set to increase interest rates to 75bps, the highest level in 30 years.
  • Rising Japanese funding costs, alongside falling U.S rates, could force leveraged funds to reduce carry trade exposure, increasing downside risk for bitcoin.