Coinbase Shellacking: Crypto Exchange Cuts Staff, Shutters Chicago Hub

2019-4-24 01:07

By CCN: The markets may be moving into the green, but 30 Coinbase engineers will be seeing red tonight after they were reportedly laid off and the firm’s Chicago office closed. It’s a sure sign that despite positive sentiment returning, the crypto bear market is still determined to shrink a few more businesses before it’s over.

It’s also a signal that mainstream financial players haven’t been ready to take the plunge into crypto. A Coinbase spokesperson told CCN: “Coinbase has consolidated our matching engine efforts into our San Francisco office. This means we are shutting down the matching engine efforts

The post Coinbase Shellacking: Crypto Exchange Cuts Staff, Shutters Chicago Hub appeared first on CCN

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Coinbase Announces Hiring Plans, Aims To ‘Expand The Understanding Of Crypto’ To Over 1 Billion Indians

Leading US crypto exchange Coinbase has indicated that its India office plans are on track. The company is going to set up a tech hub in India. About two months after coinbase hired former Google Pay lead engineer Pankaj Gupta as VP Engineering and Site Lead, on July 2, Coinbase co-founder Brian Armstrong tweeted: “Coinbase […]

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