Coinbase extends hiring freeze, will rescind some accepted offers

Big discussion earlier: https://news.ycombinator.com/item?id=31600505

And so begins the unwinding of this cancer-riddled company, tell Armstrong to go back on All In so he can run his mouth more while his company fall apart and he goes on about his Crusade against woke BS some more.

It always makes me feel better during downturns when we get rid of parasitic entities, Circle, Ver, MTGOX et al happened before. But Coinbase had more staying power because of his connection to YC and the SV VC circles to the detriment of the Bitcoin community.

Bankman is the next to go as things stand, his monetization of pump and dump schemes cannot be undone from some precocious PR campaign trying to paint him as some altruist.