Two weeks ago, the Nasdaq-listed crypto exchange Coinbase paused hiring in an effort to slow its headcount growth amid the dawning fintech & crypto crisis. In one of its latest blog posts on 2 June 2022, Coinbase said that it will extend the hiring pause for the foreseeable future and will rescind a number of outstanding offers for people who have not started yet. The move followed a worse-than-expected first-quarter report and is in line with a wider wave of layoffs and hiring freezes in the cryptocurrency space.