Coinbase cuts 700 jobs and blames AI productivity
Coinbase cuts 700 jobs today, with CEO Brian Armstrong saying AI is making small engineering teams far more productive Summary Coinbase is eliminating roughly 700...
Tag : Cuts
Coinbase Cuts 14% of Staff Amid Crypto 'Down Market,' AI Adoption: CEO
In brief Coinbase is cutting roughly 14% of its workforce, CEO Brian Armstrong announced Tuesday, citing crypto “down market” and AI-driven productivity shifts. Armstrong said...
Ethereum News: Galmsterdam Cuts Fees to Almost Zero as ETH Fighting $2,400 Resistance
Ethereum is trading near $2,350 as the Glamsterdam news update started to spread like wildfire. The upgrade is attracting huge attention, and the fee implications...
Kashkari tempers hopes for 2026 cuts as war muddies inflation path
Minneapolis Fed president Neel Kashkari has shifted from penciling in one or two 2026 cuts to a data‑dependent stance as the Iran war and higher...
Binance.US cuts spot trading fees to near zero in push to undercut rivals
Binance.US has reduced spot trading fees to 0% for makers and 0.02% for takers across all trading pairs, extending near-zero pricing to all users without...
Pump & Memes HEATING up! XMR vs ZEC! How important are these rate cuts? – Under Exposed
Pump & Memes HEATING up! XMR vs ZEC! How important are these rate cuts? – Under Exposed Crypto majors are green; BTC +1.5% at $92,000;...
Snap Cuts 1,000 Jobs, Aims to Save $500 Million as AI Reshapes Operations
In brief Snap laid off approximately 1,000 team members, representing 16% of its full-time workforce. The cuts are expected to reduce the company’s annualized cost...
CFTC Chairman Says AI Is Compensating for 25% Staff Cuts at Crypto Regulator
CFTC AI news came directly from Capitol Hill Thursday as Chairman Mike Selig told the House Agriculture Committee that artificial intelligence tools, specifically Microsoft’s Copilot,...