pension funds.
no crypto is not harmless
its a pox on the land
no crypto is not harmless
its a pox on the land
Crypto lender Celsius pauses withdrawals, transfers citing ‘extreme market conditions’
- Thread starter RedDuke
- Start date
So you made it about his face? Kinda stupid. So to you all scam artists are ugly? Lol
as a matter of fact , most of then look like the con men they are. To the trained eye.
You blind ?
Coinbase, biggest US crypto exchange, cuts workforce by 18%
Coinbase, biggest US crypto exchange, cuts workforce by 18%
Pradipta Mukherjee
Tue, June 14, 2022, 11:11 PM·1 min read
U.S.-based cryptocurrency exchange Coinbase will cut its global workforce by about 18% to ensure it stays “healthy during this economic downturn,” CEO Brian Armstrong said in a blog post.
See related article: Coinbase is the first crypto firm to make the Fortune 500 list
Fast facts
The last line is my query.
Coinbase, biggest US crypto exchange, cuts workforce by 18%
Pradipta Mukherjee
Tue, June 14, 2022, 11:11 PM·1 min read
U.S.-based cryptocurrency exchange Coinbase will cut its global workforce by about 18% to ensure it stays “healthy during this economic downturn,” CEO Brian Armstrong said in a blog post.
See related article: Coinbase is the first crypto firm to make the Fortune 500 list
Fast facts
- Coinbase will cut approximately 1,100 employees, or 18% of its staff, citing an economic slowdown, and aims to have approximately 5,000 total employees by the end of its current fiscal quarter on June 30, 2022, it said in a regulatory filing.
- Coinbase estimates it will take a restructuring charge of as much as US$45 million to cover the job cuts, mostly for employee severance and other termination benefits.
- The company expects to account for the charges in the second quarter of 2022.
- “It’s challenging to grow at just the right pace given the scale of our growth (~200% y/y since the beginning of 2021). While we tried our best to get this just right, in this case it is now clear to me that we over-hired,” Armstrong wrote in his blog post.
- Coinbase stock was trading around US$250 at the start of the year and has since fallen about 80%. It closed at US$51.58 on June 14.
- At the beginning of 2021, Coinbase had 1,250 employees and this was the early innings of the crypto bull run, Armstrong wrote.
- The cutbacks come after Coinbase reportedly raised a total of US$549 million in funding over 17 rounds, and acquired 22 organizations with the most recent acquisition of BtcTurk in April this year for US$3.2 billion.
The last line is my query.
Double, same, titles and 11:11 ....there is a divine force in play here.
https://cryptobriefing.com/3ac-says-its-committed-working-this-out-wipeout-rumors-rage/
another ponzi flinging con man about to bite the big one ??
1 down , 1000 to go
another ponzi flinging con man about to bite the big one ??
1 down , 1000 to go
