COIN has fallen 87% since Coinbase went public last year, from $268.15 to $35.00.
Coinbase froze recruiting in June and pulled job offers. As the crypto bear market continued, Coinbase laid off 1,100 workers in July.
Coinbase is however positive about the future, turning to Twitter this week to share pictures of innovations many thought would fail, including the telephone, vehicles, and elevators.
