Coinbase Extends its Hiring Freeze and Withdraws Some Accepted Offers!

Coinbase canceled outstanding job offers as part of an effort to minimize hiring at the digital currency exchange. Analysts lowered their price targets for the company's stock in response to dismal earnings predictions. These movements are likely to be a direct result of Wall Street forecasts than any other external reason. Employees are concerned about the move's reputational consequences and strained relationships.