Coinbase (COIN.O) said on Tuesday ‌it would cut about 700 jobs, or about 14% of its global workforce, as it trims costs amid crypto market volatility and repositions the business for the artificial in...

Coinbase, the biggest crypto exchange in the United States, has said it will lay off about 14% of its workforce.

The cuts affect about 700 of the company’s nearly 5,000 employees, Coinbase said in a corporate filing, and the restructuring will cost about $50 million to $60 million in severance payments, terminat...