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Brian Armstrong Sells Over $1.6 Million in Coinbase Shares

As the ongoing FTX drama dashed hopes of the ongoing crypto winter ending, Coinbase was one of the few companies to come out and say that they suffered no exposure to the fallout. Although Brian Armstrong, the CEO of the exchange, assured users that Coinbase would not suffer a similar fate, things don’t look especially rosy for the platform either. Second Round of Layoffs This Year Following an 18% reduction in the size of its workforce earlier this year, Coinbase recently...

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Coinbase Dismisses 60 People due to the Intensifying Crypto Winter (Report)

The US-based cryptocurrency exchange – Coinbase – reportedly reduced its team by 60 people following the FTX saga and the consecutive plunge of the market. Chief Financial Officer Alesia Haas said the company might lay off more people should the turmoil deepen in the future. According to recent coverage, one of the largest crypto platforms – Coinbase – dismissed 60 of its staff members as a result of the current crisis in the digital asset sector. CFO Alesia Haas described...

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A Coinbase Documentary Is Available to Stream

A new documentary about Coinbase and its CEO Brian Armstrong is headed to streaming platforms everywhere including Amazon Prime and YouTube. The Coinbase Story Is Available to Viewers Everywhere Coinbase began in the year 2012. Around for only a decade, the company rose to prominence rather quickly and is now considered one of the largest and most popular digital currency companies in the world. Coinbase is the biggest exchange in the western hemisphere and is second...

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Here’s Why Coinbase CEO Brian Armstrong Wants to Sell 2% of His Company Stake

The CEO of the US-based crypto giant said he wants to sell 2% of his entire stake in the company throughout the next several months. His intentions are to use that capital to fund some scientific research and companies. Armstrong took it to Twitter to inform the community about his decision, which is based on his desire to help accelerate science and tech to “help solve some of the biggest challenges in the world.” As such, he will sell 2% of his Coinbase holdings over the...

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