Coinbase cutting nearly 1,000 jobs, citing rough cryptocurrency climate – CBS News

Watch CBS News Updated on: January 10, 2023 / 10:48 AM / CBS/AP Cryptocurrency trading platform Coinbase is cutting approximately 20% of its workforce, or about 950 jobs, in a second round of layoffs in less than a year. The company cited adverse economic conditions and disruptions within cryptocurrency markets.Bitcoin has plunged almost 60% over … Read more

Best Cryptocurrency Payment Gateway for 2023: Here's the … – CoinGape

Cryptos have always been seen as an alternative financial system, and most people consider coins and tokens as trading commodities. Many people still don’t believe that crypto could replace mainstream currencies or fiats because they still feel that crypto is still not accessible enough that it can buy them everyday products and services. While many … Read more

Ethereum Staking Tokens Rally as Shanghai Upgrade Nears – Decrypt

SearchAs the withdrawal date for unstaking Ethereum closes in, tokens powering various liquid staking protocols are enjoying a hefty rally.Lido Finance (LDO) and Rocket Pool (RPL), for example, have already posted significant gains over the past 24 hours, according to data from CoinGecko.LDO, the governance token powering Lido Finance, Ethereum’s largest liquid-staking protocol, gained over … Read more

Edward Snowden, Elon Musk Optimistic About Bitcoin Despite FTX … – Crypto Briefing

Edward Snowden and Elon Musk believe Bitcoin will be fine despite FTX imploding last week, with Snowden even stating he was considering increasing his exposure.Some of Bitcoin’s most famous advocates remain optimistic about Bitcoin despite the FTX fiasco.American whistleblower Edward Snowden posted a Bitcoin chart on Twitter this morning, stating that he was “starting to … Read more