Coinbase cuts 14% of workforce, citing market slump and AI shift

Brian Armstrong said Coinbase will flatten management layers and require leaders to work as βplayer-coachesβ under the new structure.

Brian Armstrong said Coinbase will flatten management layers and require leaders to work as βplayer-coachesβ under the new structure.

Toncoin rose 33.8% after Pavel Durov said Telegram would deepen its role in TON, while details on the foundation and validator structure remain unclear.

Crypto industry body DAXA said the proposed rules could push suspicious transaction reports from South Koreaβs five largest exchanges to more than 5.4 million a year, Yonhap reported.

Brazilβs central bank barred virtual assets from settlement inside regulated eFX payment rails as it tightens oversight of crypto-linked flows.