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Coinbase cuts 20%, Microsoft to invest $10B into OpenAI & Ascend Elements CEO Mike O’Kronley | E1654

This Week in Startups

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Challenges in the Cryptocurrency Market Amid Economic Turmoil

This chapter examines the impact of an egg shortage due to avian flu on the economy and shifts focus to Coinbase's struggles amid significant layoffs and declining crypto trading volumes. It raises pressing concerns about investor confidence and the future viability of cryptocurrency exchanges.

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