Canadian pension plan CPP Investments has ended research efforts into crypto markets.
Plaid CEO Zach Perret said that 260 Plaid employees will be let go due in part to the"current economic slowdown."Coinbase's Armstrong expects revenue to fall 50% or more, he tells Bloomberg
Coinbase CEO Brian Armstrong said the crypto exchange's revenue this year will likely be cut in half or more from last year's sales number, blaming the state of the industry and shaken investor confidence in the wake of the recent collapse of rival FTX.
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