"We need to return to the speed and focus of our startup founding, with AI at our core," Coinbase CEO Brian Armstrong said in a memo to employees. The move comes amid a broader wave of tech industry ...

May is kicking off with another brutal round of tech layoffs that have been affecting the industry for much of the year. Today, the U.S.’s largest cryptocurrency exchange, Coinbase Global, Inc.

Coinbase is cutting about 700 jobs after CEO Brian Armstrong told staff in a 7am email that artificial intelligence now allows work to be done far more quickly, prompting a major restructuring.

Coinbase Global (NASDAQ:COIN) experienced a surge of 16% during Wednesday's trading and has risen nearly 20% over the course of the past week. This increase follows the approval of the highly awaited ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Coinbase prides itself on "remote-first" work, but CEO Brian Armstrong said the company was forced to ...

Brian Armstrong believes inaction in the AI era poses massive risks. If you still believe AI does not pose a risk to jobs worldwide, maybe a letter from Coinbase CEO Brian Armstrong to employees about ...

A side-by-side look at Coinbase and Bittrex highlights two well-known cryptocurrency exchanges that serve different needs: Bittrex focuses on a wide range of altcoins, while Coinbase emphasizes a ...