Coinbase is laying off 14% of staff, citing AI. Read the letter from its CEO.

In a Tuesday X post, CEO Brian Armstrong said the cuts were to "be leaner, faster, and more efficient for our next phase of growth." ...
Hosted on MSN

Emails indicate Coinbase founders were aware of Epstein funding

Documents released by federal authorities reveal that convicted sex offender Jeffrey Epstein placed a substantial sum into the cryptocurrency platform Coinbase nearly a decade ago, with correspondence ...
AOL

Coinbase boss fires 700 workers in 6:55 a.m. email saying company must become ‘lean, fast, and AI-native’

Coinbase chief executive Brian Armstrong informed employees in an early morning message Tuesday that the cryptocurrency exchange would eliminate roughly 14% of its workforce — about 700 jobs — as the ...
Gizmodo

Coinbase to Lay Off 14% of Workforce Amid AI Disruption and Crypto Volatility

On Tuesday, Coinbase CEO Brian Armstrong revealed that roughly 14% of the crypto exchange’s workforce will be laid off. Armstrong cited volatility in the crypto market and the company’s expanding ...