Crypto exchanges Coinbase and BlockFi lay off hundreds of staff
https://www.theguardian.com/technology/2022/jun/14/crypto-exchanges-coinbase-blockfi-staff-cryptocurrency-bitcoin-price
Employees hit by cryptocurrency crash as bitcoin price has plummeted in recent weeks
Crypto exchanges Coinbase and BlockFi are laying off hundreds of staff members, equivalent to a fifth of their workforces, as they struggle to survive the second wave of the ongoing crypto crash.