Coinbase’s first quarter revenue plunged 27% compared with the year ago period as trading volume fell amid a slump in cryptocurrency prices, and the exchange warned it expected a continued trading slowdown in the current quarter. Trading volume fell 8% from the same period in 2021. And while the number of monthly transacting users on Coinbase increased 51% from a year ago to 9.2 million, that...
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The Information’s Return to Office Wellness Check
Silicon Valley’s workers are logging more hours than they were in 2020—but on the whole, they’re also happier about it. In a survey of 923 subscribers to The Information, tech executives and employees report feeling more satisfied with their working situations and healthier overall than they were at the outset of the pandemic in 2020. A majority of respondents are exercising...
Binance Discloses $570 Million Hack of BNB Blockchain
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