26 stories tagged #Brian Armstrong

  1. Senate Banking Committee Sets Key Crypto Hearing for Thursday
    crypto

    Senate Banking Committee Sets Key Crypto Hearing for Thursday

    The Senate Banking Committee will mark up the Clarity Act on May 14, moving forward despite banking industry concerns and unresolved ethics issues.

    3w ago 1 min read
  2. Coinbase Cuts 14% of Workforce, Cites AI Restructuring
    crypto

    Coinbase Cuts 14% of Workforce, Cites AI Restructuring

    Coinbase and other crypto firms use AI as a reason for layoffs amid a market downturn. Executives frame cuts as proactive restructuring for efficiency.

    3w ago 2 min read
  3. Coinbase Blames AWS for Hours-Long Crypto Trading Outage
    crypto

    Coinbase Blames AWS for Hours-Long Crypto Trading Outage

    Coinbase experienced a multi-hour trading disruption due to an AWS outage. The incident adds to recent financial losses and layoffs.

    3w ago 1 min read
  4. Coinbase Shares Plummet on $394 Million Q1 Loss, Workforce Reduction
    crypto

    Coinbase Shares Plummet on $394 Million Q1 Loss, Workforce Reduction

    Coinbase reports a $394 million Q1 loss, missing revenue estimates amid a crypto downturn and announcing a 14% workforce cut.

    3w ago 1 min read
  5. Coinbase Lays Off 14% of Staff, Pivots to AI-Native Operations
    crypto

    Coinbase Lays Off 14% of Staff, Pivots to AI-Native Operations

    Coinbase cuts 14% of workforce as CEO Brian Armstrong pivots to leaner, AI-driven teams to navigate crypto market volatility and boost productivity.

    last mo. 1 min read
  6. Coinbase Cuts 14% of Staff, Citing Crypto Downturn and AI Shift
    crypto

    Coinbase Cuts 14% of Staff, Citing Crypto Downturn and AI Shift

    Coinbase lays off roughly 700 employees, with CEO Brian Armstrong pointing to market volatility and AI-driven automation.

    last mo. 1 min read
  7. Coinbase Cuts 14% of Staff in AI-Driven Restructuring
    crypto

    Coinbase Cuts 14% of Staff in AI-Driven Restructuring

    Coinbase lays off 14% of workforce, citing crypto down market and AI adoption. CEO Brian Armstrong outlines a leaner, AI-first operating model.

    last mo. 1 min read
  8. Coinbase CEO Backs Crucial Crypto Clarity Act Amid Regulatory Push
    crypto

    Coinbase CEO Backs Crucial Crypto Clarity Act Amid Regulatory Push

    Coinbase CEO Brian Armstrong now supports the Digital Asset Market Clarity Act, urging Congress to pass the legislation that aims to define digital asset regulations.

    last mo. 1 min read