Coinbase lays off 18% of workforce as CEO warns of ‘crypto winter’ ...Middle East

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Coinbase lays off 18% of workforce as CEO warns of ‘crypto winter’
The CEO of Coinbase said Tuesday that he’s laying off more than 1,000 of the cryptocurrency exchange’s employees, warning of an impending recession and “crypto winter.”  The news comes as cryptocurrency markets tank, with bitcoin dipping below $21,000 late Monday — its lowest level since 2020. Smaller coins have fared even worse.  “We appear to...

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