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HISTORICAL FACTS: 48 - The Untold Story

Coinbase to lay off 18% of workers as crypto winter worsens

Coinbase Global Inc announced Tuesday will lay off 18% of its workforce in another sign of a worsening crypto downturn that’s shaved off trillions of the total cryptocurrency market value.

Bangkok Post

Coinbase lays off 18% of its workforce. The CEO cites an upcoming crypto winter

The company's platform allows people to buy and sell cryptocurrency. It had just gone public last year.

WEKU

What Is The Price Of Bitcoin Right Now?

The worldwide cryptocurrency market capitalization is at $947.8 billion, up from $943.6 billion on Tuesday morning.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Someone Just Sent 6,800 Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $150,847,252 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 1BDDP24sXewavb22C5cTEiQQDU5Qcn9957

Benzinga

Coinbase lays off 1,100 full-time workers over recession fears

CEO Brian Armstrong said managing costs would be critical with the possibility of recession leading to a crypto winter.

Axios

Why Coinbase Stock Is Sliding Today

Coinbase Global Inc (NASDAQ: COIN) shares are trading lower Tuesday after the company announced a restructuring plan.

Benzinga

Crypto exchanges Coinbase and BlockFi lay off hundreds of staff

Employees hit by cryptocurrency crash as bitcoin price has plummeted in recent weeks

The Guardian - UK

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Coffee And Crypto: What's The Price Of Bitcoin Right Now?

The worldwide cryptocurrency market capitalization is at $943.6 billion on Tuesday morning, down from $968 billion just 24 hours ago. Investors are continuing to sell off crypto assets amid heightened inflationary pressures and a looming recession.

Benzinga

'Plan For The Worst So We Can Operate The Business Through Any Environment,' Coinbase CEO Announces 18% Staff Reduction

Cryptocurrency trading platform Coinbase Global (NASDAQ: COIN) announced a restructuring plan and the expectation for job cuts Tuesday morning, sending shares lower. Here are the details.

Benzinga

Coinbase Stock Nosedives Alongside Cryptocurrencies, Celsius Chaos: What The Charts Say

Whether you are investing in stocks, bonds, commodities or cryptocurrencies, it can be very stressful. Not being able to withdraw or transfer your funds if so desired on your chosen platform can even be more stressful.

Benzinga

Anonymous Crypto Wallet Moves $159M Worth Of Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $159,976,692 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 16YzWVxsVYrT8Jtr9xxic3YxfMAkPaBvaC

Benzinga

Bitcoin Whale Just Transferred $222M BTC From Gemini To Coinbase

What happened: An anonymous Bitcoin (CRYPTO: BTC) whale just transferred $222,982,066 worth of Bitcoin off Gemini, and the investor then sent these funds to Coinbase.

Benzinga

Dogecoin Breaks Down! Is The Dog Signaling A Bad Omen For Stock Market?

Dogecoin (CRYPTO: DOGE) was trading almost 8% lower on Saturday as the crypto continued to break down bearishly from a symmetrical triangle, which Benzinga poi

Benzinga

Why Bitcoin- And Ethereum-Related Stocks Are Diving Friday

Shares of crypto-related stocks, including Coinbase Global Inc (NASDAQ: COIN) and Riot Blockchain Inc (NASDAQ: RIOT), are trading lower Friday morning amid ongoing weakness in Bitcoin (CRYPTO:

Benzinga

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news in one place.

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Benzinga

Bitcoin Whale Just Transferred $41M Worth of BTC Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $41,956,215 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 1Hy1eW6iPidppfbU6Zus1jEHWknfTXXhEL

Benzinga

Bitcoin Whale Moves 2,241 BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $67,818,648 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 1HhFCz99rJniarggZWzvqhEzBQVdu2qCAC.

Benzinga

Anonymous Bitcoin Whale Just Moved $73M Worth Of BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $73,174,552 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 17jz5AMUvW5AdLvo6PyYx2T6FVvS1AxzoV.

Benzinga

Cryptocurrency Companies Reduce Hiring In Response To Market Downturn

Coinbase Global Inc (NASDAQ: COIN) revoked employment offers to people who accepted them and announced a slowing of its hiring pace in recent weeks.

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news in one place.

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Tribune News Service

Coinbase retracted job offers to recruits from some of Wall Street's biggest banks

Individuals from at least 10 of the biggest financial firms left Wall Street to join Coinbase Global Inc. only to have the company rescind their employment offers.

Benzinga

Someone Just Sent $40M In Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $40,988,062 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 137qsmbhRQSmGTrFtujCjbVZUMUKSYbMSv

Benzinga

Bitcoin Whale Moves 2,334 BTC Off Coinbase

Benzinga

Coinbase Invests In Cryptocurrency Exchange Zipmex As Opposed To Outright Acquisition

Coinbase (NASDAQ: COIN) is backing Zipmex, a cryptocurrency exchange based in South East Asia. The strategic investment values Zipmex at $400 million.

Benzinga

EXCLUSIVE: Crypto Traders Say Coinbase Refusing To Return Wrongly Deposited Funds Despite Having Access

Coinbase Global Inc. (NASDAQ: COIN) has found itself at the center of major controversy as numerous investors say the company is refusing to return a significant amount of cryptocurrency to users, despite the exchange platform having access to the tokens.

Benzinga

Morning Brief: Top Financial Stories Dominating on Thursday, June 9

Reuters Blackstone Closes In Crown Bid After Australia Approvals: Reuters

Axios

Revoking job offers is an increasingly common cost-cutting strategy

More leaders are seeing rescission as a feasible strategy,

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