The Latest Breaking News from Coinbase

Coinbase To Cut 14% Of Workforce As AI Push And Crypto Slump Reshape Operations

Coinbase said Tuesday it will cut about 14% of its global workforce, or roughly 700 jobs.

International Business Times · May 5

Coinbase didn't just lay off 14% of its staff due to AI. It replaced managers with ‘player-coaches’ and turned its org chart upside down

“We are not just reducing headcount and cutting costs, we’re fundamentally changing how we operate,” CEO Brian Armstrong said.

Fortune · May 5

Coinbase Layoffs Have Crypto Bros Down Bad as AI Takes Their Jobs. Don’t Be Surprised If They Get Rehired Soonish.

Coinbase is blaming AI for 14% layoffs, but experts are skeptical this excuse will hold.

Barchart · May 5

New York sues Coinbase and Gemini, seeking to halt unlicensed prediction market businesses

New York is suing Coinbase and Gemini over unregulated and unlicensed prediction market platforms that the state contends are illegal gambling operations

The Independent UK · Apr 21

As Charles Schwab Unveils a New Crypto Trading Program, Is SCHW Stock a Buy, Sell, or Hold?

Charles Schwab's launch of Schwab Crypto gives its 39 million accounts a seamless way to trade BTC and ETH at competitive pricing, arriving just as Interactive Brokers and Coinbase converge on each other's turfs.

Barchart · Apr 20

The crypto industry and prediction markets share a mission of disruption—but it’s not clear where crypto fits in

Big crypto players Coinbase and Robinhood view platforms like Polymarket and Kalshi as allies and rivals.

Fortune · Apr 20

Islamabad Aftershocks: Why Bitcoin Didn’t Flinch

Strategy Inc and Coinbase Global demonstrate strong market momentum as investors increasingly view digital assets as a resilient hedge amid global events.

MarketBeat · Apr 16

Keonne Rodriguez on Bitcoin, Privacy, and Going to Prison

"We thought we were on the right side of the law," the Samourai Wallet co-founder tells Reason.

Reason · Apr 12

Morgan Stanley’s Bitcoin ETF began trading. An analyst put it in the top 1% of ETF launches

The new fund marks a “second wave of digital asset adoption,” said a Coinbase executive.

Fortune · Apr 8

Jamie Dimon warns of growing crypto competition in annual JPMorgan shareholder letter: ‘We need to roll out our own blockchain technology’

The CEO’s latest remarks reflect his evolving attitude towards crypto, and coincide with a unit of JPMorgan embracing Solana

Fortune · Apr 7