Coinbase Reduces Workforce by 14% as CEO Cites Crypto Market Conditions and AI Adoption Coinbase Global Inc. announced on Tuesday, May 5, a 14% reduction in its workforce, affecting approximately 700 employees, as part of a restructuring to reposition the cryptocurrency exchange amid a down market and accelerating adoption of artificial intelligence (AI). CEO Brian Armstrong communicated the decision in an internal email that was also posted to X, stating that “two forces are converging at the same time” – a crypto bear market and AI-driven changes to work. According to the company’s last annual report, Coinbase had 4,951 employees. The…
Newswire
Israel Strikes Beirut Suburbs in Targeted Killing of Hezbollah Commander, Breaking Month-Long Ceasefire Lull Israeli warplanes struck Beirut’s southern suburbs…
Why I Believe Red Light Therapy Is the Most Underrated Healing Tool—and Why the Establishment Wants You to Ignore It…
Key Takeaways The DOJ has filed a lawsuit against Denver, claiming its assault weapons ban violates the Second Amendment and…
Introduction: The Hidden Purpose of the Data Center Buildout The massive data center buildout sweeping across America is not about…
Glyphosate is everywhere in the food supply. This herbicide, used on many crops (including wheat and oats sprayed right before…
Features
The Latest
A German high court has ruled that the Nord Stream sabotage was a state-sponsored covert operation. The court stated that…
Foreign nationals accounted for 79% of train theft arrests in Britain in 2025, police data show British Transport Police…
New $6,000 senior tax deduction set to boost refunds for millions of older Americans The One, Big, Beautiful Bill…
Grok faces global bans over sexualized deepfake images; ChatGPT named in lawsuits alleging deadly harm Governments are moving to…
Post-meal blood sugar spikes linked to 69% higher Alzheimer’s risk, study finds A University of Liverpool–led study links post-meal…
Scientists have documented the largest concentration of dinosaur footprints ever found, with approximately 18,000 tracks preserved at the Carreras Pampa…