Coinbase to Cut ~20% of workforce

Coinbase Global said that it would eliminate around 20% of its staff and enact broad cost cuts, the latest sign of pain in the cryptocurrency industry. Chief Executive Brian Armstrong said that crypto exchange Coinbase will reduce operating expenses by …

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Coinbase Crackdown

by Martin Armstrong Comment: I use Coinbase to hold some crypto. They sent me an email saying that my account that I had for years would be limited to withdrawals only if I do not give them updated government ID and …

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Layoffs – Coinbase, Redfin, Compass, and more

Its getting messy out there. In the last 3 weeks everything is going warped speed. Inflation up, Mortgage rates up, Gas up What is going on? Redfin – 400+ https://techcrunch.com/2022/06/14/redfin-and-compass-lay-off-a-combined-900-employees-as-mortgage-interest-rates-continue-to-climb/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29kbGlrZXByb2R1Y3Rpb25zLmNvbS8&guce_referrer_sig=AQAAANCvurV3ahOJPlkF6VWirAqerhirB2ncytakHY7fW0E0N7tY8Zwstopeu0VVlF_EZdvecMHnatLKJYubfFS3naqPPcca4gFLPUiD_pi_yDgTFLJw3NTMsuNHl8cpLULNx0rjo7Ndv5xjFYcaDQsteaXqNaGeQjBp9GME4r_zZ5nr The complete mess list – https://www.dailyjobcuts.com/ AC

Cathie keeps buying Coinbase

The chances of both have been questioned this year as a selloff in speculative tech stocks laid waste to her future-focused exchange-traded funds. Wednesday was a particular low point, with the flagship ARK Innovation ETF (ticker ARKK) slumping 10% in …

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The ‘Crypto Bros’ who’ve lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their personal wealth… while Elon Musk’s Tesla bought massive amounts of digital currency

Billionaire-backers of crypto including Elon Musk and Brian Armstrong set to bear brunt of ‘bloodbath’ Armstrong, the founder of Coinbase, has seen $11billion vanish from his personal wealth  Tesla, which took a $1.5billion gamble on Bitcoin last February, has already …

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New disclosure in $COIN (Coinbase) 10-Q: “In the event of a bankruptcy…..customers could be treated as our general unsecured creditors.”

New disclosure in today's $COIN (Coinbase) 10-Q: 👀 "In the event of a bankruptcy…..customers could be treated as our general unsecured creditors." 🚩🚩🚩 🚨Get your #Bitcoin off exchanges.🚨 pic.twitter.com/KDBiAvYcog — Sophia Zaller (@sophiamzaller) May 10, 2022   Coinbase earnings were …

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Shitcoins being shilled. Runaway price bubbles. Coinbase topping the App Store. Incoming regulations. This is almost EXACTLY the market conditions of the big 2017/2018 crash.

by DontMicrowaveCats The market today is deja-vous to 2017. Everybody and their mothers pumping 30 different shitcoins to the moon. Scamcoins left and right. Graphics cards impossible to obtain People defending coins like a cult, calling anybody who even questions …

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Coinbase Global IPO Positioning Window Started, Bitcoin Breaks $63,000 (Grayscale Bitcoin Trust Set To Overtake SPDR Gold Shares ETF)

by confoundedinterest17 Coinbase Global is a regulated cryptocurrency company that provides customers around the world with a platform for buying, selling, transferring, and storing digital assets. It offers a variety of products and services that enable individuals, businesses, and developers …

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