In what has already proven to be an extremely challenging 12 months for Coinbase is shows no signs of respite. The crypto exchange’s CTO announced his departure following roughly one year in the spot.

Balaji Srinivasan broke the news on his Twitter account. He also thanked his “friend” Coinbase CEO Brian Armstrong for the opportunity. 1/2 Really enjoyed my time at Coinbase working with my friend @brian_armstrong. The Earn integration was successful and we’ve closed ~$200M in deals for the new Coinbase Earn. Was also my privilege to help with shipping new assets, launching USDC, & getting staking/voting going. —

The post Shocking! Coinbase’s Rocky Year Just Got Worse with CTO Departure appeared first on CCN

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