THE HASH: Coinbase Halting Operations in Japan; ConsenSys Confirms Job Cuts
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 18 January 2023
⏱️ 23 minutes
🧾️ Download transcript
Summary
The most valuable crypto stories for Wednesday, Jan. 18, 2023.
"The Hash" hosts discuss the top headlines moving the markets today, including Ethereum development company ConsenSys cutting 97 jobs, confirming, for the most part, a report by CoinDesk last week. This comes as cryptocurrency exchange Coinbase said it is halting its operations in Japan, citing "market conditions" and confirming earlier reports that it would close shop in the country.
See also:
Coinbase Confirms It's Halting Operations in Japan
ConsenSys Confirms Job Cuts; CEO Lubin Touts a Win for Decentralization Over 'Ridiculous' CeFi
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Transcript
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| 0:59.9 | Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more, |
| 1:04.9 | with stories that matter to the crypto world, all on the hash for your ears. |
| 1:10.7 | You're listening to the Coin Desk Podcast Network. |
| 1:16.1 | Hey there, welcome to The Hash on Coin Desk TV. I'm Zach Seward. We got Wendy O Danny Nelson and |
| 1:22.4 | David Morris here today to talk you through all that's going on in the world of crypto. It seems to be a big |
| 1:27.3 | announcement from the DOJ. We It seems to be a big announcement |
| 1:27.6 | from the DOJ. We'll get to that in a bit. But first, we are starting off with some layoff news |
| 1:32.4 | from Consensus. Yeah, we have the regrettable announcement that Consensus, the Ethereum |
| 1:39.5 | development studio, Joe Lubin, the head of Consensus was one of the co-founders of Ethereum. It was very |
| 1:45.6 | involved from the very beginning with that project. The numbers that I saw was there laying off |
| 1:50.5 | about 100 people out of about 1,000 people. 11% is the rate that they announced. You know, |
| 1:56.5 | this is kind of part of, similarly to what I think Coinbase announced recently, this is just |
... |
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