The most valuable crypto stories for Wednesday, Nov. 30, 2022.
The “Hash” crew discusses the main story today about crypto exchange Kraken stating it is laying off 30% of its global staff – around 1,100 people – in response to the crypto market downturn. Plus, officials at the European Central Bank write in a new blog post titled "Bitcoin's Last Stand" that the largest cryptocurrency by market cap "has never been used to any significant extent for legal real-world transactions."
This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”