Coinbase, the biggest U. S. crypto exchange, will let go of about 700 employees—roughly 14 percent of its workforce. The move comes as the company says artificial intelligence is speeding up work, making many tasks faster and less labor‑intensive. CEO Brian Armstrong told staff that the biggest d
Coinbase has decided to reduce its workforce by about 14 percent, roughly 700 employees. The move follows a shift toward artificial intelligence to speed up product delivery and cut costs. The company’s leader explained that engineers can now finish tasks in days that once took weeks. Non‑technical
Circle isn't a flashy crypto exchange or a meme token. It's the quiet infrastructure behind one of the most widely used digital dollars, USDC. While many focus on Bitcoin's ups and downs or Ethereum's latest upgrades, Circle quietly powers transactions worth billions daily. Wells Fargo recently doub
Coinbase has rolled out a new feature that lets people in the United Kingdom borrow USDC stablecoins by using their Bitcoin or Ethereum as collateral. The borrowing is powered by Morpho, a public lending protocol that runs on Base, Coinbase’s own layer‑2 network built on Ethereum. By putting crypto
Coinbase has just landed a conditional license from the U. S. banking regulator to operate as a national trust company, but it will stay out of traditional banking services like taking customer deposits or running a bank. The move is meant to give the company a clear federal framework for its custod
Coinbase officials have told senators that the new bill cannot be implemented because of worries over “stable yield language. ” This is the second time CEO Brian Armstrong has pulled back support, saying in January that a bad bill is worse than no bill at all. The proposed law would stop crypto e
Coinbase’s latest commercial suggests that many people feel stuck in a system that no longer moves them forward. The ad uses the idea of an “NPC” – a character in video games that follows preset rules – to show how some feel like they are simply going through the motions. The message is that i
Circle’s shares have jumped more than a hundred percent in just one month, turning the company that issues the USDC stablecoin from a quiet back‑office player into a headline‑making favourite. The rise began on Monday, when the stock climbed eight percent to $124. 37 and outpaced other crypto‑linked
Circle’s stock has already jumped more than a hundred percent after reporting better-than‑expected earnings, and analysts think it could climb even higher. A brokerage team led by Gautam Chhugani rates the shares as “outperform” and sets a price target of $190, implying a potential rise of about six
Circle, the second‑biggest issuer of stablecoins, saw its shares jump after announcing a 72 % rise in USDC supply from the previous year, pushing its market value to roughly $75 billion. This growth signals that stablecoins keep attracting users even when the wider crypto market falters. The compan
