Coinbase Dumps 18% of staff, 3AC on the rocks

Another day another dump. And more bad news as the true picture of just how few clothes our beloved Emperors truly had. After Celsius now it’s Coinbase and 3 arrows capital to face the painful unveiling of their nether regions. Brian Armstrong painfully acknowledging massive layoffs and Su Zhu tacitly acknowledging that, yes, there is a situation. That’s today’s spiciness, the giants are falling, all bets are off, let’s do this.