Currencies Crypto industry gripped by anxiety as bitcoin wobbles near Sh2.3m level Monday June 20 2022 By REUTERSMore by this Author Summary The cryptocurrency industry was on edge on Monday morning as investors feared contagion from problems at major crypto players could unleash a major shakeout if not contained. Bitcoin...
Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/File Photo Register now for FREE unlimited access to Reuters.com Register HONG KONG, June 20 (Reuters) – The cryptocurrency industry was on edge on Monday morning...
But over the past week, a spate of layoffs has added to investors’ fears that the wheels may be coming off. Redfin’s stock is down 80% this year. Meanwhile Compass, which employs 4,500 people, is axing 10% of its staff, citing “clear signals of slowing economic growth.” The layoffs didn’t...
