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The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. REUTERS/Shannon Stapleton
May 7, 2026

Crypto exchange Coinbase to cut about 14% of workforce in AI-driven restructuring

Coinbase plans to cut about 700 jobs, or 14% of its workforce, as it restructures around AI amid crypto market volatility and subdued trading volumes.

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