everyone talking about bitcoin pizza day tomorrow so yeah, we’re hosting one in delhi with @Tangem we got hardware wallet giveaways, merch, pizza and good vibes lined up if you’re around, pull up and come say Hiee 👀

This is an email I sent earlier today to all employees at Coinbase: Team, Today I’ve made the difficult decision to reduce the size of Coinbase by ~14%. I want to walk you through why we're doing this now, what it means for those affected, and how this positions us for the future. Why now Two forces are converging at the same time. We need to be front footed to respond to both. First, the market. Coinbase is well-capitalized, has diversified revenue streams, and is well-positioned to weather any storm. Crypto is also on the verge of the next wave of adoption, with stablecoins, prediction markets, tokenization, and more taking off. However, our business is still volatile from quarter to quarter. While we've managed through that cyclicality many times before and come out stronger on the other side, we’re currently in a down market and need to adjust our cost structure now so that we emerge from this period leaner, faster, and more efficient for our next phase of growth. Second, AI is changing how we work. Over the past year, I’ve watched engineers use AI to ship in days what used to take a team weeks. Non-technical teams are now shipping production code and many of our workflows are being automated. The pace of what's possible with a small, focused team has changed dramatically, and it's accelerating every day. All of this has led us to an inflection point, not just for Coinbase, but for every company. The biggest risk now is not taking action. We are adjusting early and deliberately to rebuild Coinbase to be lean, fast, and AI-native. We need to return to the speed and focus of our startup founding, with AI at our core. What this means To get there, we are not just reducing headcount and cutting costs, we’re fundamentally changing how we operate: rebuilding Coinbase as an intelligence, with humans around the edge aligning it. What does this mean in practice? - Fewer layers, faster decisions: We are flattening our org structure to 5 layers max below CEO/COO. Layers slow things down and create coordination tax. The future is small, high context teams that can move quickly. Leaders will own much more, with as many as 15 direct reports. Fewer layers also means a leaner cost structure that is built to perform through all market cycles. - No pure managers: Every leader at Coinbase must also be a strong and active individual contributor. Managers should be like player-coaches, getting their hands dirty alongside their teams. - AI-native pods: We’ll be concentrating around AI-native talent who can manage fleets of agents to drive outsized impact. We’ll also be experimenting with reduced pod sizes, including “one person teams” with engineers, designers, and product managers all in one role. In short: AI is bringing a profound shift in how companies operate, and we’re reshaping Coinbase to lead in this new era. This is a new way of working, and we need to leverage AI across every facet of our jobs. To those who are affected I know there are real people behind these decisions — talented colleagues who have poured themselves into this company and our mission. To those of you who will be leaving: thank you. You’ve helped build Coinbase into what it is today, and I am sincerely grateful for everything you've done. All impacted team members will receive an email to their personal account in the next hour with more information, and an invitation to meet with an HRBP and a senior leader in your organization. Coinbase system access has been removed today. I know this feels sudden and harsh, but it is the only responsible choice given our duty to protect customer information. To those affected, we will be providing a comprehensive package to support you through this transition. US employees will receive a minimum of 16 weeks base pay (plus 2 weeks per year worked), their next equity vest, and 6 months of COBRA. Employees on a work visa will get extra transition support. Those outside of the US will receive similar support, based on local factors and subject to any consultation requirements. Coinbase prides itself on talent density. Our employees are among the most talented people in the world, and I have no doubt that your skills and experience will be highly sought after as you pursue your next chapters. How we move forward To the team that is staying, I know this is a difficult day. We’re saying goodbye to colleagues and friends you've been in the trenches with. But here’s what I want you to know as we move forward together: Over the past 13 years, we have weathered four crypto winters, gone public, and built the most trusted platform in our industry. We’ve made it this far by making hard decisions and by always staying focused on our mission. This time will be no different – nothing has changed about the long term outlook of our company or industry. And most importantly, our mission has never been more important for the world. Increasing economic freedom requires a new financial system, and we’re building it. The Coinbase that emerges from this will be more capable than ever to achieve our mission. Brian

From Learner to Leader: How to Start Contributing in Web3 When I first entered the Web3 space, I believed that being a developer or at least knowing someone already inside the ecosystem was a prerequisite to succeed. Coming from a technical background, that assumption felt natural. However, that belief turned out to be incomplete. In reality, Web3 allows anyone to start with one simple step: contribution. In fact, many of the most impactful contributors in the space began with zero followers and no prior crypto background. So, how newcomers and newly selected ambassadors can start contributing, connecting with others and making a real impact in any Web3 ecosystem. 1. Who Is a Web3 Ambassador or Contributor? A common misconception is that ambassadors are influencers or marketers. They are not. Web3 ambassadors and contributors are passionate individuals who believe in building rather than just talking. They activate communities, educate others, and help establish trust within an ecosystem. Almost every successful Web3 project today grew because a small group of contributors showed up early and stayed consistent. 2. What Do Ambassadors and Contributors Actually Do? Contributors participate in ecosystems in multiple ways: Content creation: Writing threads, blogs, creating videos, memes, and explainers that simplify Web3 concepts. Community management: Supporting communities at colleges, cities, or online platforms. IRL involvement: Hosting or volunteering at meetups, hackathons, workshops, and conferences. Development: Building projects in public, participating in hackathons, and shipping real products. Although these roles look different, they all serve the same purpose: helping the ecosystem grow. 3. Why Contribution Matters More Than Titles? One important lesson I learned early on was simple: Don’t chase titles chase contribution. The rest follows naturally. In Web3, engagement and consistent participation often matter more than formal applications or labels. 4. How to Start Contributing in Web3? There are three primary contribution paths: i) Content Creation & Community Building ii) Development iii) Event Organizing & Hosting While distinct, these paths often complement one another. Before choosing any path, it’s important to understand the basics of blockchain the limitations of centralized systems and how decentralization addresses them. I.) Content Creation & Community Building Start by selecting one ecosystem. In my case, I chose Arbitrum. Some Steps to follow: • Explore the ecosystem via the Arbitrum Portal. • Choose a project lie @ostium . • Follow the project’s social channels and stay updated. • Read documentation and whitepapers to understand vision and goals. • Share insights through threads, blogs, or short videos. • Analyze competitors to identify differentiation. • Track on chain metrics using tools like DeFiLlama or Dune. • Monitor funding activity via platforms like CryptoRank. • Share memes, breakdowns, and personal experiences to build trust. This process helps transform learning into meaningful contribution. II.) Developer Path For those interested in development: • Master at least one language such as Solidity or Rust. • Arbitrum offers flexibility through Stylus, enabling development in Solidity, Rust, C , and more. • Study the documentation and start building smart contracts. • Participate in hackathons through platforms like DoraHacks, Devfolio, or Akindo. • Build in public and share progress consistently. III.) Event Organizing & Hosting If connecting people excites you: • Start with college, regional, or ecosystem-based communities. • Host or volunteer at IRL meetups and workshops. • Share event highlights and outcomes publicly. Offline interactions often strengthen long term community bonds. 5.) Engagement & Networking in Web3 Once you start contributing, engagement becomes crucial. Interact meaningfully with voices in your niche. @MarcinPress , @0xBenjamintan , @Ricardo__Gordon , @aditichoprax , @BFreshHB Avoid shallow replies like “gm” or “LFG.” Add thoughtful insights, questions, or feedback. Engage with smaller creators they often become future collaborators. Participate in Twitter Spaces, hackathons, and meetups. Even a single thoughtful comment can lead to collaborations. 6.) Continuous Learning & On Chain Awareness Web3 evolves quickly. Staying relevant requires continuous learning. Follow official ecosystem updates. Analyze on chain data to understand real usage. On chain metrics reveal what people actually use not just what’s marketed. This habit builds long credibility. Whether you’re just starting out or already an ambassador, the principle remains the same: Start small. Stay consistent. Every contributor, builder, and ambassador once started with curiosity and a willingness to contribute. Over time, contribution compounds into influence, trust, and leadership. From Learner to Leader, Start Your Journey on @arbitrum . Special Mention @Cryptowithkhan who guides everyone how to enter in this space...

the biggest W in hiring is when a manager subconsciously thinks: ‘damn, I could learn this from this person’ when you walk them through some of your past work. highest form of praise, imo! we’re hiring for an ambassador socials coordinator for @arbitrum_india and if you think you’d make us subsconsciously like that, DM me on TG or X pls with your CV portfolio/best work in the first message itself pls.

Bangalore we’re inside you… let’s connect before @IBWofficial and someone please teach us how to survive here 😭