>"In just over a year, the United States’ largest cryptocurrency exchange went from a triumphant public offering to a “crypto winter” of cost cutting and layoffs."

[https://www.moneycontrol.com/news/business/cryptocurrency/the-humbling-of-coinbase-8968201.html](https://www.moneycontrol.com/news/business/cryptocurrency/the-humbling-of-coinbase-8968201.html) Coinbase rose to prominence as one of the first major crypto companies. But as it has grown from plucky startup to publicly traded company, its status as an industry leader has been threatened by a series of missteps and a steep decline in the crypto market