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Coinbase Reduces the Size of the Firm’s Workforce by 18%
14.6.2022
Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The announcement follows the company’s original plans to slow the hiring process and the firm rescinding a number of employment offers. Coinbase ‘Grew...
First Mover Americas: Coinbase Layoffs and the 'Bear Market Guide' to Bitcoin
14.6.2022
The latest price moves in bitcoin ($BTC) and crypto markets in context, for June 13, 2022
Coinbase Says It Grew Too Quickly and Now Lays Off 1,100 Employees
14.6.2022
Major crypto exchange Coinbase said it will reduce its workforce by around 18% in order to cut expenses and increase efficiency ahead of a possible recession.
According to the report submitted to the US Securities and Exchange Commission, on June 14 this year, Coinbase Global, Inc. announced...
Crypto exchange Coinbase slashes staff by 18% amid bear market
14.6.2022
After initially slowing down hiring, Coinbase announced plans to reduce its headcount by 18%, with the CEO citing a starting economic recession
Coinbase Will Lay Off Around 1,100 Employees
14.6.2022
The exchange will reduce its workforce by around 18% as part of a cost cutting plan
JPMorgan Cuts Coinbase to Neutral With $68 Price Target; Shares Slump
14.6.2022
It will be challenging for the exchange to generate a profit in the near future, the bank’s analysts said
Web 3 Service Provider ScienceMagic.Studios Raises $10.3M From Coinbase Ventures, DCG, Others
14.6.2022
ScienceMagic.Studios has raised a $10.3 million pre-seed round from Digital Currency Group, Coinbase Ventures, among others
Crypto Lending Company Blockfi Cuts Staff by 20%
13.6.2022
On Monday, the cryptocurrency lending company Blockfi announced that “market conditions” have had a “negative impact” on the firm’s business and it will be laying off “roughly 20%” of its staff. The message written by Blockfi co-founders Zac Prince...
Goldman Sachs Launches New Ethereum Derivative, Layoffs at Crypto.com, Binance vs. Private Litecoin + More News
13.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Goldman Sachs Launches New Ethereum Derivative, Layoffs at Crypto.com, Binance vs. Private Litecoin + More News
'You Will Be Fired': Coinbase CEO Brian Armstrong Lambastes Anonymous 'Operation Revive COIN' Petitioner
11.6.2022
An online petition claiming to come from a Coinbase employee(s) called for the removal of a number of company executives
Armstrong tweets in public airing of Coinbase's internal discontent
10.6.2022
The petition was quickly removed, and the number of signatures was not shown, but its list of objections to the Coinbase status quo got a big reaction from the CEO
Mastercard to allow 2.9B cardholders to make direct NFT purchases
10.6.2022
Card payments for NFTs were first announced in association with Coinbase’s latest NFT marketplace in January
Crypto Job Market: Cancelled Coinbase Recruits Get Emotional, Job Postings Down
9.6.2022
As the ongoing downturn in the crypto markets continues to impact the hiring policies of numerous industry players, some recruits voice their disappointment over rescinded job offers while new signs emerge that the number of job postings is also declining....
Read More: Crypto Job Market:...
Coinbase Makes Strategic Investment in Crypto Exchange Zipmex: Report
9.6.2022
Cryptocurrency exchange Coinbase has decided to make a strategic investment in Singapore-headquartered exchange Zipmex
Bitcoin Mining Difficulty Ticks Up, Solana's USD 100M Bet, NFT Ticketing + More News
8.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Bitcoin Mining Difficulty Ticks Up, Solana's USD 100M Bet, NFT Ticketing + More News
Coinbase balance drops by 30K BTC as Bitcoin price nurses 6% losses
7.6.2022
Whales and institutions alike are on the radar after the latest data from exchange order books
Binance.US Launches Crypto Staking Assault on Rivals Coinbase and Gemini
7.6.2022
CEO Brian Shroder also said he would happily hire any of Coinbase’s disappointed applicants or those recently laid off by Gemini
Investors View Polkadot as an Alternative Layer 1, Coinbase Says
7.6.2022
The market cap of Polkadot’s DOT token relative to ether has been falling since November, according to the report
2TM Group, Parent Company of Mercado Bitcoin, Lays off 90 Workers Amid Market Cool Down
5.6.2022
2TM Group, a Latam unicorn and parent company of Mercado Bitcoin, a Latam-based cryptocurrency exchange, has announced it will execute a series of layoffs due to the current market cooldown. The company declared that this action was motivated by the recent global financial scenario changes, making...
Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms
4.6.2022
As digital currency prices have slid significantly in value during the past few months, the bear market cycle is starting to take its toll on the crypto industry’s workforce. On June 2, Gemini’s co-founders the Winklevoss brothers revealed the company would lay off 10% of...