Coinbase-Backed Rain Cuts Jobs Amid Cryptocurrency Selloff – Bloomberg

Coinbase-Backed Rain Cuts Jobs Amid Cryptocurrency Selloff – Bloomberg

Blockchain Crypto Market Technology
June 7, 2022 by Coinvasity
17
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Bloomberg Daybreak Europe. Live from London, tracking the breaking and top business news stories in the lead-up to the opening of European markets.
Overnight on Wall Street is morning in Europe. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. Markets never sleep, and neither does Bloomberg News. Monitor your investments 24 hours a day, around the clock from around the globe.
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Rain Financial Inc., one of the Middle East’s largest crypto exchanges, has laid off dozens of employees amid a recent downturn in digital assets, according to people with direct knowledge of the matter. 

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