Despite Bitcoin's 50% collapse from its all-time high, Coinbase's head of institutional strategy says sovereign wealth funds, family offices, and major institutions are aggressively buying the dip.
Coinbase CEO Brian Armstrong took to Twitter to announce that Coinbase will cut 14% of its workforce as part of a shift toward an AI-driven operating model.
New York Attorney General Letitia James has sued Coinbase and Gemini, alleging their prediction market platforms constitute illegal gambling operations.
Jack Dorsey urged Coinbase CEO Brian Armstrong to confirm support for de minimis relief on Bitcoin payments, following reports the exchange favors stablecoins-only treatment.