1 week ago
Coinbase CEO Confirms AWS Cooling Fault Downed Exchange, Pledges Latency-Resilie...
TLDR: Multiple AWS chiller failures caused a data center room to overheat, triggering the Coinbase exchange outage. Coinbase’s exc...
1 week ago
Coinbase Reports $394M Loss as Revenue Drops 31%
TLDR Coinbase reported a net loss of $394.1 million in the first quarter of 2026. The company recorded a $482 million loss on cryp...
1 week ago
Coinbase Cuts 14% of Staff to Build a Leaner, AI-Native Company Amid Crypto Mark...
TLDR: Coinbase is cutting 14% of its workforce due to market volatility and the rapid rise of AI-driven workflows. The company wi...