1100 staff fired as crypto melts down - news.com.au


6/14/2022 12:00:00 AM2 years 10 months ago
by Frank Chung

<p>Coinbase has announced it will sack 18 per cent of its staff, warning of a looming recession and &ldquo;crypto winter&rdquo; as the market continues a major crash that&rsquo;s wiped trillions of dollars off the value of bitcoin and other digital currencies…

The largest cryptocurrency exchange has sacked nearly one-fifth of its staff via a brutal email from the CEO, in the latest grim sign for the market.Coinbase has announced it will sack 18 per cent of… [+5515 chars]

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