Source: Tech veteran Tim Wagner set to exit Coinbase

Exchanges • July 30, 2019, 4:27PM EDT
UPDATED: July 31, 2019, 2:07AM EDT
The Block

Former Amazon Web Services executive Tim Wagner is departing cryptocurrency exchange Coinbase, according to a source with knowledge of the exit. 

Wagner, who joined Coinbase a little more than a year ago as its Vice President of Engineering, would be the latest departure at the San Francisco firm, which has also seen its chief technology officer Balaji Srinivasan and chief operating officer Asiff Hirji part ways in recent months. 

At the time of Wagner's arrival to Coinbase in August 2018, the firm said he would play a role in building out its infrastructure to expand its platform and add new assets. Coinbase has added a number of new cryptocurrencies to its exchange, including Maker, Augur's REP, and EOS. 

According to CoinDesk, which first reported on Wagner's exit, Coinbase is also set to lose two other engineers. 

Coinbase did not immediately respond to an inquiry asking who would replace Wagner. 

At Amazon, Wagner was a general manager for AWS Lambda as well as Amazon API Gateway. He also spent time at Microsoft. 

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Frank Chaparro profile picture Frank Chaparro

Frank Chaparro is Host of The Scoop podcast and Director of Special Projects. He also writes a biweekly newsletter. Chaparro started his career at Business Insider, where he specialized in the intersection of digital assets and Wall Street, market structure, and financial technology. Soon after joining Business Insider out of Fordham University, Chaparro was interviewing top finance and tech executives, including billionaire Mark Cuban, “Flash Boys” star Brad Katsuyama, Cboe Global Markets CEO Ed Tilly, and New York Stock Exchange President Tom Farley. In 2018, he become a sought after reporter in the crypto world, interviewing luminaries such as Tyler Winklevoss, the cofounder of Gemini, Jeremy Allaire, the CEO of Circle, and Fundstrat head Tom Lee. For inquiries or tips, email [email protected].

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