• Coinbase underpays female, black employees
    People

    Coinbase underpays female, black employees NY Times alleges

    Coinbase called the story’s numbers two years out of date, says it is ‘committed to ruthlessly eliminating bias in all our internal processes’

    The cryptocurrency exchange's CEO, Brian Armstrong, took another hammer-blow from the New York Times’ Nathaniel Popper on Dec. 29, with an article alleging the firm not only paid black and female employees less than their male counterparts, it did so at levels far worse than is typical in Silicon Valley.

  • Coinbase accused racism
    People,  Politics

    At Coinbase, black employees faced ‘constant condescension’ and were described as ‘less capable’: report

    A day after Coinbase attempted to preempt a New York Times article about the company’s culture, 23 current and former workers paint a picture of discrimination and mistreatment

    Nathaniel Popper, a cryptocurrency and technology reporter at the Gray Lady, has written a damning exposé that claims the exchange “has long struggled with its management of black employees.” The title of his investigation? “Tokenized.”

  • Coinbase denies racial discrimination
    People,  Politics

    Coinbase denies upcoming New York Times racial discrimination allegations

    The U.S. exchange warns a story about disgruntled black employees is coming in the wake of Brian Armstrong’s controversial “apolitical’ stand over Black Lives Matter

    The major U.S. cryptocurrency exchange Coinbase is bracing for another wave of criticism in the wake of CEO Brian Armstrong’s controversial stand against corporate support of political issues like the Black Lives Matter movement. In a Nov. 25 blog post, Coinbase warned employees that an article that will be published on Sunday by the New York Times alleging racial discrimination inside the firm.

  • Dorsey Bitcoin inherently political
    Bitcoin,  Innovators

    Twitter’s Jack Dorsey: Bitcoin is inherently political

    In criticizing Coinbase CEO Brian Armstrong’s refusal to endorse BLM, Jack Dorsey argues that political activism is in crypto’s DNA

    Jack Dorsey suggested in a tweet sent on Sept. 30 that Bitcoin cannot be separated from political activism, which makes Coinbase CEO Brian Armstrong’s decision to not take a position on the Black Lives Matter movement pointless.