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AWS Outage Sparks Hours-Long Coinbase Crypto Trading Blackout
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AWS Outage Sparks Hours-Long Coinbase Crypto Trading Blackout

DEV Community·MLXIO·22 days ago
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An AWS outage caused Coinbase's crypto trading to halt for hours, revealing critical cloud dependency and raising questions on financial impact and tr

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Coinbase cut 700 jobs on Monday, lost $394 million on Thursday, and went dark on Friday because a data centre overheated
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Coinbase cut 700 jobs on Monday, lost $394 million on Thursday, and went dark on Friday because a data centre overheated

TNW | Blockchain·Cristian Dina·24 days ago
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Coinbase cut 700 jobs on Monday. It reported a 394 million dollar quarterly loss on Thursday. On Friday, a data centre overheated in Virginia and the exchange went dark for seven hours.…

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Coinbase's manager shake-up: AI imagines the era after 'pure managers'
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Coinbase's manager shake-up: AI imagines the era after 'pure managers'

Business Insider·Hayley Peterson·27 days ago
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Coinbase will cut 14% of staff and shift to AI-driven teams. Explore the unsettling yet efficient future of management without "pure managers."

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Coinbase Lays Off Nearly 700 Workers In 'AI-Native' Restructuring - Slashdot
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Coinbase Lays Off Nearly 700 Workers In 'AI-Native' Restructuring - Slashdot

slashdot.org·slashdot.org·27 days ago
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Coinbase is laying off about 700 workers, or 14% of its workforce, as CEO Brian Armstrong says the company is restructuring to become "lean, fast, and AI-native." Engadget reports: Armstrong claimed he'd seen engineers "use AI to ship in days what used to…

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Coinbase is cutting 14 per cent of its workforce. The reason it gave was not the crypto downturn. It was AI.
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Coinbase is cutting 14 per cent of its workforce. The reason it gave was not the crypto downturn. It was AI.

TNW | Cryptocurrency·Ana Maria Constantin·27 days ago
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Coinbase is cutting 14 per cent of its workforce, roughly 660 employees from a company of 4,700, two days before it reports the worst quarterly earnings in its history as a public company.…

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