Coinbase has announced their decision to cut down hiring after losing $420 million in the first quarter. This is according to information on a blog post from Coinbase. The Start Of A Bad Year For Coinbase? Coinbase is an online-based American company founded by Brian Armstrong and Fred Erhsam in 2012. It was established to The post Coinbase Cuts Down Hiring After Q1 Losses Hit $420 Million appeared first on CoinGape.