Coinbase CEO wants to hire DOGE staff to help improve the global financial system

By: cryptosheadlines|2025/05/15 02:15:05
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Coinbase CEO Brian Armstrong extended a public invitation to employees of the US Department of Government Efficiency (DOGE), encouraging them to apply for roles at the crypto exchange after they leave their current roles.Armstrong announced the move in a social media post on May 14, where he described the opportunity as a new mission for public servants seeking to continue improving systems at scale.He wrote:“This is an open call for any DOGE staff. If you are looking for your next mission after serving your country, consider helping create a more efficient financial system for the world at Coinbase.”The message links to a dedicated portal titled “Done with DOGE?” where current DOGE employees can submit applications and share their experiences.Armstrong said the form will expedite the application process for former DOGE staff in recognition of their contributions to the federal initiative.Established in early 2025 via President Donald Trump’s executive order, DOGE was tasked with streamlining federal operations and eliminating inefficiencies across agencies.Led by Elon Musk, the department gained national attention for its bold cost-cutting approach and tech-inspired management style. The program is scheduled to conclude operations by July 4, 2026.However, Musk is only allowed to serve up to 130 days in a single year as a “special government employee” and intends to reduce his involvement starting this month. Some DOGE staff members are expected to depart their roles at the agency in tandem.Armstrong’s invitation arrives amid renewed public attention on DOGE. It follows a widely circulated Fox News interview featuring DOGE staff member Ethan Shaotran, who dropped out of Harvard after being ostracized for working at the department.While the long-term legacy of DOGE remains subject to public debate, Armstrong’s outreach positions Coinbase as a landing zone for departing government talent, particularly those aligned with disruption, efficiency, and large-scale systems innovation.This week, the exchange made history by becoming the first crypto firm to be inducted into the S&P 500 index, heralding digital assets’ entry into mainstream finance.Mentioned in this articleLatest Alpha Market ReportSource link

You may also like

WEEX Market Update: U.S.-Iran Ceasefire Sparks Bitcoin Price Surge

April 8, 2026 – In a significant shift in global geopolitics, U.S. President Donald Trump has announced a temporary two-week ceasefire with Iran, resulting in a notable market reaction across various asset classes. This development comes after discussions between Trump, Pakistani Prime Minister Shahbaz Sharif, and Army Chief General Asim Munir. The announcement is already reverberating through markets, particularly in oil, gold, and cryptocurrencies.

Morning Report | South Korean financial institutions pilot stablecoin payments for foreign users; Morgan Stanley Bitcoin ETF is about to be listed; CME plans to launch AVAX and SUI futures contracts

Overview of Important Market Events on April 7th

EigenCloud Founder: AI and Cryptocurrency are Creating the Next Trillion-Dollar Asset Class

Cryptocurrency is a rare capital formation tool for generations: it democratizes the ability to create new digital assets and grants fully digital ownership structures to internet-native entities.

From Panic to Pumps: How Bitcoin Traders Are Playing the 2-Week US-Iran Ceasefire

For most people, the two-week US-Iran ceasefire is about geopolitics, oil prices, and whether World War III gets postponed. But for crypto traders glued to their screens late Sunday night, it was something else entirely: the clearest risk-on signal in months.

US-Iran Ceasefire Triggers Oil Plunge, Bitcoin Surge, and Gold Rally

Despite the sharp rally, caution is warranted. The $70,000–$72,000 zone has historically been strong resistance. The ceasefire is only temporary (two weeks), and any breakdown in negotiations could trigger a sell-off toward the $62,000–$65,000 support zone. For now, Bitcoin needs to close decisively above $72,500 to confirm a true breakout; failure to do so within 48–72 hours could lead to a swift retracement.

OpenAI has no "New Deal," a blueprint for AI that refuses to pay.

OpenAI has published a 13-page policy whitepaper, proposing a Robot Tax, Universal AI Wealth Fund, and Four-Day Workweek

Popular coins

Latest Crypto News

Read more