Coinbase Lay's off 14 percent of employees
Digest more
Coinbase is cutting 14% of its workforce amid market pressures and a shift toward artificial intelligence. CEO Brian Armstrong outlines severance, healthcare support, and the company's strategy to streamline operations while embracing AI-driven efficiencies.
Coinbase CEO Brian Armstrong informed employees about the company’s decision to layoffs 14% of its staff in a morning email.
Coinbase has set aside $20 million dollars for information that might lead to the arrest of its recent extortionists. On May 11, America's largest cryptocurrency exchange received an unsolicited email. It came from an unknown threat actor, who claimed to ...
Coinbase wins conditional OCC approval for a federal national trust charter, a major step for institutional crypto custody. With $376B AUM and 80%+ of U.S. BTC/ETH ETF assets, the move brings uniform federal oversight.