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Coinbase Expands Operations in a Bearish Market; Tim Wagner Jumps Aboard

Coinbase Expands Operations in a Bearish Market; Tim Wagner Jumps Aboard

Ccoinbase has gone out and hired Tim Wagner as the new VP of Engineering. Wagner has previously worked from Amazon Web Services, also known as AWS, where he spent at least five years as the GM for AWS Lambda, Amazon API Gateway, and AWS Serverless App Repository. He also spent six years at Microsoft before he worked at Amazon.

His role will be hiring engineers in major cities across the US. Coinbase currently has over 27 available positions in engineering in just San Francisco. But it operates in Chicago and New York also.

Even though August has been a rough start so far for the crypto markets, Coinbase continues to do its own thing and expand infrastructure and offer more job positions for engineers. Crytpo pioneers say they can take advantage of the current state of the market and the delay of intuitional investment via Bitcoin ETF by building up infrastructure and hiring more people to work.

Coinbase CEO Brian Armstrong states:

“Through this period of rapid growth, we are more focused than ever on meeting the increasing needs of individuals, institutions and businesses while continually advancing the frontiers of cryptocurrency. At the same time, we’re creating the infrastructure that will allow us to add more assets to our platform and accelerate the adoption of crypto around the world.”

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