- Coinbase is the latest crypto firm to announce cutbacks.
- In a blog post written by Chief People Officer L.J. Brock, Coinbase said Thursday it “will extend our hiring pause for both new and backfill roles for the foreseeable future and rescind a number of accepted offers.”
- The latest announcement comes after fellow exchange Gemini announced Thursday it was laying off 10% of its staff, or roughly 100 people.