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.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin Plunges As Major Crypto Lender Halts OperationsBitcoin and other cryptocurrencies were collapsing in price after a major crypto lender halted all withdrawals citing “extreme market conditions.”
Read more »
Crypto lender Celsius halts withdrawals due to ‘extreme market conditions’Transfers also ‘paused’ between Celsius accounts as value of digital asset market slips below $1tn
Read more »
Celsius halts withdrawals as pressure mounts on crypto lending platform\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »
Bitcoin plummets to lowest level since December 2020 as crypto lender Celsius 'pauses' withdrawalsBitcoin has plummeted by more than 10%, dropping below $25,000 for the first time since December 2020.
Read more »
Cost of living: Lloyds offers staff a one-off £1,000 payment to help with billsOnly executives and senior management will be exempt from the payment being offered to staff in August by Lloyds Banking Group.
Read more »
Bitcoin price crashes amid ‘extreme market conditions’Cryptocurrency market falls below $1 trillion, as crypto lender Celsius pauses operations
Read more »