Coinbase to cut 1,100 jobs amid turmoil in crypto markets

[ad_1] Cryptocurrency exchange Coinbase Global Inc (COIN.O) said on Tuesday it would slash 18% of its workforce, or about 1,100 jobs, as part of efforts to rein in costs amid volatile market conditions. The layoffs come a day after Bitcoin fell as much as 14% after major U.S. cryptocurrency lending company Celsius Network froze withdrawals […]

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Crypto exchange Coinbase establishes think tank to push policy goals

[ad_1] Coinbase, the largest cryptocurrency exchange in the United States, is launching a global think tank to shape the policy debate around digital assets as regulators and Congress explore how crypto assets should be governed. The Coinbase Institute will accelerate research on cryptocurrency and Web3 — a decentralized version of the internet — and spearhead […]

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