More trouble for Coinbase as Goldman Sachs predicts 60% drop in profits
A Goldman Sachs analyst downgraded Coinbase stock to sell. The first crypto exchange to list on the NASDAQ is down 80% since listing.
Bitcoin24h
$75,852.64-1.07%
Ethereum24h
$2,084.31-0.70%
BNB24h
$653.17-0.58%
XRP24h
$1.33-0.92%
Solana24h
$83.78-0.97%
TRON24h
$0.3726+0.10%
Hyperliquid24h
$62.93+4.29%
Dogecoin24h
$0.1018+0.66%
Zcash24h
$566.32-6.93%
UNUS SED LEO24h
$10.05+0.52%
Coinbase staff told to wait an hour to discover if they were fired
According to an SEC filing, the cuts will leave Coinbase with around 5,000 remaining staff and will cost somewhere in the region of $40 million.
A month’s pay but no crypto job after Coinbase ditches new hires
Many applicants turned down other opportunities after confirming a job at Coinbase, others are facing losing their visas.
Coinbase staff will see what colleagues think of them with new app
Coinbase staff will be encouraged to give positive, neutral, or negative feedback based on 10 core values after every interaction.
Coinbase boss Brian Armstrong sorry for leaving retail users high and dry
Armstrong admitted that, while Coinbase’s Prime and Custody customers had “strong legal protections in their terms of service,” retail customers didn’t.
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