What is Coinbase

Coinbase is a centralized cryptocurrency exchange, described by Ari Redbord as one of the most significant exchanges in the world.

• May 2026 - Michael Batnick said Coinbase is cutting 14% of its staff (700 employees), citing AI.
• May 2026 - Ari Redbord said Coinbase and Binance were approached to form the Beacon Network, which accounts for about 85% of all centralized crypto.
• May 2026 - Harry Stebbings said he doesn’t need anybody at Coinbase that isn’t also an individual contributor.
• May 2026 - Ryan Sean Adams said previous layoffs from Coinbase have marked the bottom.
• Jun 2026 - Ryan Sean Adams said it’s possible that a yield product is being offered to non-Americans or different versions for Americans vs. non-Americans.