POPA ReconRough week for Coinbase
Rough week for Coinbase • Laid off 14% of their workforce (~700 employees) • Earnings report out, reported a net loss of $394m in Q1 2026 (revenue down 31% YoY) • Exchange is currently down, outage has been close to 3 hours https://x.com/WuBlockchain/status/2052606656723513379?s=20 https://status.exchange.coinbase.com/
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