Crypto companies that have cut jobs, frozen withdrawals or filed for bankruptcy - Gadgets Now


7/8/2022 12:00:00 AM2 years 10 months ago
by Gadgets Now Bureau

Crypto industry is witnessing a carnage. Popular crypto tokens such as Bitcoin and Ethereum have nosedived by nearly 70% from their record highs amid the economic meltdown. As the turmoil in the industry continues, some of the biggest Crypto companies are cut…

Leading crypto exchange Coinbase announced that it is laying off 18% of its workforce, or about 1,100 jobs amid the economic downturn. Brian Armstrong, CEO and co-founder said that while the company … [+512 chars]

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