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
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
CoinW has turned its temporary relief plan into a lasting system to help users when money markets crash or banks shut down. The new structure means the company will keep a ready‑made set of rules for giving help whenever global crises hit. Earlier, the Ark Program was launched only after big e
CoinFello, a new tool that lets people talk to their crypto wallets like a friend, has opened its doors to everyone at the EthCC event in Cannes. The platform turns simple sentences into blockchain actions, so users can send coins, swap tokens, bridge across chains, or set up recurring trades withou
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
Coinbase now lets all U. S. users trade shares and exchange‑traded funds on the same app they use for digital money, moving toward a one‑stop trading spot. The service works around the clock on weekdays and charges no fees for qualified trades. Users can pay with dollars or the stablecoin USDC, and
Coinbase slipped into a $667 million loss in its latest quarter, ending an eight‑quarter run of profits. The exchange earned 66 cents per share, falling short of analysts’ 92‑cent forecast by a full quarter. Revenue fell 21. 5 % to $1. 78 billion, missing the $1. 85 billion expected by experts
