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Coinbase layoffs today: Crypto giant cuts hundreds of jobs as CEO says AI is ‘changing how we work'
May is kicking off with another brutal round of tech layoffs that have been affecting the industry for much of the year. Today, the U.S.'s largest cryptocurrency exchange, Coinbase Global, Inc. (Nasdaq: COIN), announced it was laying off a staggering 14% of its staff.
Coinbase CEO Announces Job Cuts, Mallers Backs Twenty One Merger Plan | Bloomberg Crypto 5/5/2026
"Bloomberg Crypto" covers the people, transactions, and technology shaping the world of decentralized finance. Today's guests: Former Treasury Secretary Steven Mnuchin, Strike CEO and Twenty One Capital Co-Founder & CEO Jack Mallers, Franklin Templeton Head of Digital Assets & Innovation Sandy Kaul, and Stellar Development Foundation CEO Denelle Dixon.
Crypto markets predict Nvidia stock price for May 31, 2026
Prediction market traders are leaning bearish on Nvidia (NASDAQ: NVDA) stock heading into the end of May 2026, with Polymarket contracts implying the semiconductor giant is unlikely to reclaim the higher price levels seen earlier in April.
Circle, Coinbase, Strategy Rise Again on Tuesday: How a Stablecoin Rule Tweak Reignited the Crypto Trade
Crypto-linked equities are extending Monday's rally into Tuesday morning. Shares of Circle Internet Group (NYSE:CRCL | CRCL Price Prediction), Coinbase Global (NASDAQ:COIN), and Strategy (NASDAQ:MSTR) all gained 3% in the premarket hours.
Crypto Dominates Top 5 ETF Database Articles of April
The two most read articles on ETF Database during the month of April were focused on cryptocurrency, both written by DJ Shaw. The article in the No.
Crypto Exchange Bullish Strikes $4.2 Billion Deal for Transfer Agent in Tokenization Push
Equiniti is one of the world's biggest transfer agents, offering shareholder services to companies including Berkshire Hathaway and Moody's.
AI Could Eventually Be a Huge Chunk of Crypto Miners' Revenue
Investors monitoring the goings on in the realm of equity-based cryptocurrency know that many crypto miners are undergoing corporate transformations to become artificial intelligence (AI) infrastructure companies. This also includes many residing in the CoinShares Bitcoin Mining ETF (WGMI).
Robinhood Stock Sinks as Earnings Hit by Plunge in Crypto Revenue
Robinhood's rough start to the year is only getting worse today.
Crypto Fueled Robinhood's Rise. Its Collapse Is Reshaping the Business
Can growth disappoint? It sure can.
Bitcoin Surges Toward $80K in April: Should Investors Buy Crypto Now?
Bitcoin nears $80K as easing tensions and soft inflation fuel short squeeze, but fading momentum, tight liquidity and Fed uncertainty temper outlook.
Banking Circle Unveils Stablecoin Settlement After Landing Crypto License
Luxembourg-based financial services company Banking Circle said it has launched stablecoin settlement services. The new offering, announced Monday (April 27), includes fiat-to-stablecoin and stablecoin-to-fiat capabilities from Banking Circle's core platform, and follows the company's receipt of a crypto-asset service provider (CASP) license earlier this month.
Bitcoin Mining: An Industry That Provides Exposure to Crypto & AI
Understanding the economics of proof of work, the process behind Bitcoin mining, and the companies built around it. Bitcoin mining is the process by which new BTC enters circulation and transactions are validated on the network.
