Coinbase plans to cut about 950 employees, or about 20% of its workforce. The company in June announced plans to let go of about 1,100 employees. CEO Brain Armstrong says the company aims to "weather" "downturns in the crypto market," he says.
Two brothers from the Massachusetts Institute of Technology (MIT) have been arrested for allegedly using cutting-edge technology to exploit a security hole in the Ethereum blockchain to steal $25 million worth of cryptocurrency.
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