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The Latest Breaking News from Coinbase

Matt Damon-Backed Crypto.com Cuts 20% of Jobs to Address FTX Damage

Cryptocurrency exchange crypto.com is paring jobs, just a few months after an initial round of cuts.

The Street

Coinbase's relationship with the media has been fraught. Brian Armstrong can fix that

The Coinbase CEO embracing mainstream media could help his company—but also all of crypto.

Fortune

UK-founded crypto firm Blockchain.com lays off almost a third of workforce

UK-founded crypto brokerage Blockchain.com is set to cut 28% of its workforce as the so-called ‘crypto winter’ intensifies.

Evening Standard

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Binance Announces Big Staffing Plans as Rivals Falter

Binance swims against the tide of red ink in the crypto sector with plans to increase the number of staff by between 15% and 30%.

The Street

Coinbase Strikes a Massive Blow to Bankman-Fried and FTX

Cryptocurrency exchange CEO Brian Armstrong delivers a scathing critique of his rival.

The Street

Coinbase Confirms End of an Era

Cryptocurrency exchange to cut nearly 1,000 additional jobs and record significant charges.

The Street

Coinbase Confirms End of Era of Growth

Cryptocurrency exchange to cut nearly 1,000 additional jobs and record significant charges.

The Street

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Coinbase lays off around 20% of its workforce as crypto downturn continues

This latest round of job cuts, around 950, comes after the company laid off about 1,100 people back in June.

WEKU

Coinbase Confirms End of Era of Insolent Growth in Crypto

Cryptocurrency exchange to cut nearly 1,000 additional jobs and record significant charges.

The Street

Coinbase just announced it was laying off 20% of its staff amid broader cuts in the crypto industry

The company reached a $100 million settlement over compliance violations with regulators last week.

Fortune

Coinbase lays off almost 1,000 staff as crypto winter bites

The move is the latest in a string of successive job cuts at the firm as it seeks to weather turmoil in the crypto markets

Evening Standard

The ‘everything bubble’ has popped and the experts on Wall Street and in Silicon Valley were spectacularly wrong about a ton of things

Morgan Stanley analysts were sure Carvana stock would hit $430 a share and the crypto faithful believed Bitcoin would top $1 million.

Fortune

Cathie Wood Watch: Ark Buys Coinbase Amid Crypto Woes

Coinbase, the largest U.S. cryptocurrency exchange, suffers from weakness in the crypto market. Asset manager Cathie Wood sees opportunity.

The Street

The Crypto Winter will last through 2023 and maybe 2024, predicts PayPal and Meta alum David Marcus

“We won’t exit this 'crypto winter’ in 2023, and probably not in 2024 either,” Marcus wrote in a year-end blog post.

Fortune

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Tribune News Service

These are the stocks that kept investors up at night in 2022

It’s been a year of historic selloffs for U.S. equities.

Axios

Coinbase CEO Brian Armstrong talks FTX, crypto regulation and DeFi

The crypto industry suffered a big black eye, but it isn't going anywhere, Armstrong says.

Fortune

Sen. Sherrod Brown leaves possibility of crypto ban open as momentum builds for stronger regulation

"Crypto doesn’t get a free pass because it’s bright and shiny," said the Senate banking chairman Sunday.

Fortune

Cathie Wood’s ARK Invest is bingeing on Bitcoin, Coinbase, and Tesla even as other investors have fled all three this year

She believes that the FTX fiasco will strengthen Coinbase and Bitcoin, and that Tesla is on “automatic pilot” toward huge growth.

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Fortune

Is Binance okay? Events this week had the crypto industry on edge

The crypto market jitters about Binance this week were likely overblown—but there are still reasons to be concerned about the health of the world's biggest crypto exchange.

The Street

Cathie Wood Watch: Ark Snaps Up Battered Shares of Tesla, Coinbase

Wood's flagship Ark Innovation ETF has lost 63% year to date and has tumbled 78% from its February 2021 peak.

Newsroom.co.nz

Explainer: cryptocurrency and cryptocurrency exchanges

Almost all cryptocurrencies have declined significantly this year but this doesn’t seem to be putting people off, writes Alex Sims

Investors Business Daily

Dow Jones Rallies; Elon Musk Loses This Title As Tesla Tumbles; Bitcoin Up Amid Sam Bankman-Fried Arrest

The Dow Jones moved higher. Tesla CEO Elon Musk lost a famous title. Bitcoin rose after the Sam Bankman-Fried arrest. Moderna stock jumped.

Reason

These Louisiana Inmates Served Their Sentences, but the State Wouldn't Let Them Go

Plus: A potential fusion energy breakthrough, the possible return of the child tax credit, and more...

The National (Scotland)

Laird could sell off Scottish nudist beach after losing £130k in crypto 'scam'

A LAIRD who lost £130,000 in a cryptocurrency investment has warned he may have to sell off parts of his estate.

Daily Record

Scots laird who owns nudist beach to sell off parts of estate after £130k loss in crypto scam

Michael Dudgeon, who owns Scotland's most northerly nudist beach, claims he lost tens of thousands in a crypto scam.

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