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A localised cooling failure at an Amazon Web Services (AWS) data centre is claimed to have sparked disruption, crippling services for cryptocurrency exchange Coinbase and derivatives giant CME Group. According to a report by news agency Reuters, the issue, which AWS attributed to “increased temperatures” in the AWS Health Dashboard within a single data centre…
Coinbase has announced plans to cut around 700 jobs, or about 14% of its global workforce. The latest round of layoffs comes as part of America’s largest crypto exchange’s restructuring effort aimed at reducing costs and aligning operations with the growing role of artificial intelligence.In an email sent to employees (later shared on the microblogging…
Coinbase CEO Brian Armstrong shared one of his favorite lessons learned from “working with smart people,” advising a bias toward action as the surest route to clarity. He explained that if a person is unsure of the right path, they should simply “do anything, even if it’s the wrong thing.” Armstrong stressed that taking action…
