The Great Resignation is pivoting to a Forced Resignation. Thousands of layoffs in the tech sector, compounded by hiring freezes and a slowdown in hiring, highlight the abrupt shift in fortunes over the past several months as a result of rampant inflation, fear of stagflation and recession, supply-chain interruptions, the war in Ukraine, an ailing…
This article has been updated to correct the identification of Citadel Securities. Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m writing it in the heat of Austin, TX, where Consensus, a multi-day crypto conference kicked off today. As usual, find me on Twitter at FrancesYue_ to…
Read More “Ethereum close to its major upgrade, but why has it fallen more than bitcoin?” »
When Hao Jia received an email from Coinbase that his job offer had been rescinded, he was on his way to watch “Top Gun: Maverick,” the blockbuster movie starring Tom Cruise. Jia’s girlfriend had asked him to watch it for her because she was in China, where the film has not been released, and couldn’t…
