Saturday, August 6, 2022

How Coinbase went from a triumphant IPO to facing challenges with international expansion, global competition, revenue diversification, and staffing adjustments (New York Times)

New York Times:
How Coinbase went from a triumphant IPO to facing challenges with international expansion, global competition, revenue diversification, and staffing adjustments  —  In just over a year, the United States' largest cryptocurrency exchange went from a triumphant public offering to a “crypto winter” of cost cutting and layoffs.



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Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in international payments to counter Western sanctions (Gleb Bryanski/Reuters)

Gleb Bryanski / Reuters : Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in i...