Coinbase boss Brian Armstrong shook up two prediction markets within the final seconds of Thursday’s third-quarter earnings call by dropping a listing of crypto buzzwords that Kalshi and Polymarket customers bet would possibly possibly well be talked about within the possibility, resolving all markets to a “yes.”
Several Kalshi and Polymarket customers had been cheerful that their bets paid off within the final seconds. In distinction, others had been understandably rattled to listen to that a prediction market is at risk of be so with out issues upended.
“I was a little distracted because I was tracking the predictions market about what Coinbase will enlighten in their next earnings call, and I appropriate model wish to add here, the phrases Bitcoin, Ethereum, blockchain, staking, and Web3, be positive we discover these in earlier than the end of the possibility,” said Armstrong.
The “What’s going to Coinbase enlighten all over their next earnings call” markets from Kalshi and Polymarket saw $80,242 and $3,912 value of bets positioned.
That integrated 24 punters on Polymarket, where fortuitously, no one misplaced better than $12 on a single bet.
Armstrong in a while X said it came about “spontaneously when anyone on our group dropped a [prediction markets] link within the chat.”
lol this used to be relaxing – came about spontaneously when anyone on our group dropped a link within the chat https://t.co/tQiV3B9jUj
— Brian Armstrong (@brian_armstrong) October 31, 2025
Armstrong looked to thrill more punters than no longer
Practically every punter within the feedback portion used to be cheerful with Armstrong’s final-minute possibility to listing the crypto buzzwords no longer talked about earlier.
“HAHAHAH THE GOAT BRIAN,” Polymarket particular person TheMasterMind said, while Kalshi customers Redbullfool and Chungboy thanked Armstrong for the “gift.”
While prediction markets are extremely effective instruments for gauging expectations, they depend on the belief that insiders won’t won’t exploit their files for personal manufacture.
Actions delight in this occupy previously raised suspicions of insider procuring and selling and market manipulation.
Coinbase performed well in Q3
Even though the earnings call had an uncommon conclusion, Coinbase delivered every other winning quarter, with $432.6 million in derive earnings and $1.9 billion in earnings, representing a 55% amplify from the identical quarter within the old year.
Coinbase also increased its Bitcoin (BTC) holdings by 2,772 BTC to 14,458 BTC — inserting it help within the head 10 finest company Bitcoin retaining corporations, BitcoinTreasuries.NET files presentations.
