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Coinbase lays off 1,100 employees amid crypto markets crash

The company said it expects to incur about $40 million to $45 million in total restructuring expenses, substantially all related to employee severance and other termination benefits. This comes amid crash in crypto market ....

New Delhi , Brian Armstrong , Celsius Network , Coinbase Layoffs , Coinbase Hiring ,

Crypto crash layoffs loom: Coinbase, BlockFi cut staff

Crypto bosses are citing economic conditions and too-fast growth as reasons for cutting staff. The value of coins like Bitcoin has declined in recent days.
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Kris Marszalek , Brian Armstrong , Matt Damon ,

Coinbase Stock Price Falls After JPMorgan Downgrade, Job Cut Announcement

Bitcoin and ethereum have each slid about 30% over the past five sessions and Coinbase will be hurt by such declines, says JPMorgan. ....

Mi Exclusive , Digital Assets , Crypto Exchanges , Arla Mozée ,

MSNBC Morning Joe June 4, 2024 13:40:00

As strong as it is or is perceived to be could actually with stand that kind of pumping or even not i wouldn t say slamming of the brakes, but it is more than just a tap at that point. if you re talking about 50, 75, or possibly 100 basis points which some traders are jockeying for right now. in that scenario, it starts to play out. and you mentioned the cryptocurrency side of things. it is not just this risk aversion is happening with stock and bond markets right now. cryptocurrencies have tumbled because of that and by the way, just this morning, in the last hour or so, we got some other headlines not good on the economic/job front or the cryptocurrency/risk front. that is coin base. the biggest u.s. based exchange operator for cryptocurrencies. they issued a statement, the ceo brian armstrong saying they will layoff, cut a good amount of their work force. 18% of them. now they employee around 5,000 ....

Risk Aversion , Bond Markets , Basis Points , Cryptocurrency Side , Risk Front , U S , Brian Armstrong , Exchange Operator For Cryptocurrencies ,

Crypto Firms Cutting Jobs as Market Declines Below $1 Trillion

Multiple crypto firms have announced plans to cut down jobs as the digital currency market continues declining, with its total value recently falling below $1 trillion. ....

Kris Marszalek , Naveen Athrappully , Brian Armstrong , Hargreaves Lansdown , Bobby Ong , The Epoch Times ,