The crackdown on crypto continues just one day after the SEC sued competitor Binance.
Kraken CEO Jesse Powell said workers were upset by things like "pronouns, [and] whether someone can identify as a different race and be allowed to use the N-word."
The value of El Salvador's Bitcoin hoard is down 50 percent amid an ongoing crypto crash.
“This is not the experience I wanted for you,” CEO Brian Armstrong wrote before turning off their access to workplace systems.
The news blindsided over 300 incoming hires and left them scrambling to clean up the crypto exchange's mess, according to interviews with 17 people.
Additionally, the company said it would extend what had been a temporary hiring freeze “for as long as this macro environment requires.”
In its newly launched State of Crypto report, a16z is bullish about the future of crypto despite its ongoing decline in markets globally.
The major exchange used the term, meaning "We're All Gonna Make It," even as its earnings report fell short of expectations in several departments.
a16z has sought to dominate financing the newest wave of the crypto industry, and now it will seek to directly boost it.
Draft legislation requires exchanges to collect information on users of self-hosted wallets and report transactions of any size to authorities.
We talked to one of the most credentialed critics of cryptocurrencies and NFTs about fraud and potential "cataclysmic events" in the industry.
The crypto industry spent $9 million on 157 lobbyists in 2021, but another 163 lobbied on behalf of pro-crypto organizations.