Binance
The Humbling of Coinbase
The bloat was especially severe on Coinbase’s customer-service team. New staff members often felt that they didn’t have enough to do. “I got maybe four phone calls a day for a while,” said David Visini, a customer-service employee who was laid off. “It was dead, dead, dead.” Ms. Choi, the chief operating officer, acknowledged that […]
Know More
It’s Hard to Tell When the Crypto Bubble Will Burst, or If There Is One
Despite their volatile and occasionally inscrutable nature, cryptocurrencies are becoming more widely traded, used and held — El Salvador recently started accepting Bitcoin as legal tender, the Federal Reserve is studying whether to issue its own digital coin, and wealth managers are encouraging clients to explore crypto assets. So how does a new investor make […]
Know More
A Top SoftBank Executive Wants $2 Billion in Pay. His Boss Disagrees.
Impressed by Mr. Claure’s ambition and hustle, Mr. Son tapped him to run Sprint, which was losing cash, bleeding subscribers and badly lagging its larger rivals, AT&T and Verizon. Mr. Claure took over as Sprint’s chief executive after regulators thwarted its planned merger with T-Mobile. He stabilized the company and eventually resuscitated a deal with […]
Know More