Coinbase Cuts 14% of Workforce in AI-Driven Restructuring
The world’s largest crypto exchange eliminates roughly 700 positions as CEO Brian Armstrong pushes an AI-first operational model
Cryptocurrency
Coinbase Announces 14 Percent Workforce Reduction Amid Crypto Market Restructuring
Cryptocurrency exchange Coinbase announced it will cut approximately 14 percent of its workforce as the company navigates ongoing regulatory uncertainty and market restructuring. Several other crypto firms have similarly scaled back operations.
US Soldier Pleads Not Guilty to Insider Trading on Polymarket, Profiting Over $400K
US Army officer Gannon Ken Van Dyke is charged with using classified information to bet on Venezuelan President Maduro’s capture on the crypto-powered prediction market Polymarket, winning over $400,000. He pleaded not guilty in New York federal court on Tuesday.
Investors Flock to BlackRock's Bitcoin Options to Hedge Against Global Economic Uncertainty
Amid escalating geopolitical tensions and economic uncertainty, institutional investors are increasingly buying BlackRock’s Bitcoin ETF options as a new tool for hedging global portfolio risk.