Crypto exchange Coinbase to cut about 14% of workforce in AI-driven restructuring

By Prakhar Srivastava and Pragyan Kalita May 5 (Reuters) - Coinbase said on Tuesday it would cut about 700 jobs, or about 14% ...

Coinbase to lay off 700 workers as crypto company embraces AI

"This is a new way of working, and we need to leverage AI across every facet of our jobs," CEO Brian Armstrong said in a ...

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 ...
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Coinbase posts $394M loss as trading slowdown hits revenue

Earnings miss impact: Coinbase's $1.41 billion revenue and $394 million loss fell short of expectations, driven by over 20% declines in crypto market cap and trading volumes. Strategic pivots: The ...

Rosenblatt keeps Buy on Coinbase after Q1 revenue drops 21%

Coinbase posted $1.41 billion in first-quarter revenue, missing estimates, but Rosenblatt reiterated a $240 price target citing expense discipline and new product traction.
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Coinbase estimates cyberattack could cost crypto exchange up to $400M

Coinbase Global's shares fell more than 7% on Thursday after the crypto exchange said a cyberattack that breached customer account data could cost the company up to $400 million. The stolen ...

Coinbase to face earnings test after job cuts announcement, rough crypto market stretch

Coinbase is fighting to protect its ability to offer customers interest on their stablecoin holdings, a key growth driver.