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UPI, RuPay Cards to Soon Be Accepted in France as NPCI’s Overseas Arm Entered the European Country

Unified Payments Interface (UPI) and RuPay cards will soon be accepted in France as NPCI International Payments Limited (NIPL) on Thursday announced that it signed a Memorandum of Understanding (MoU) with French payment services company Lyra Network. The new development comes months after NPCI partnered with firms including Discover Financial Services (DFS) of the US, Bhutan's Royal Monetary Authority (RMA), Japan Credit Bureau (JCB) of Japan, and Network for Electronic Transfers (NETS) of Singapore to expand UPI and…

Coinbase freezes hiring and rescinds accepted job offers

Coinbase is pulling back on its hiring efforts. In a memo posted to Coinbase’s site, chief people officer L.J. Brock announced that Coinbase is putting a pause on hiring new employees, as well as rescinding several job offers already accepted by prospective workers, citing “current market conditions and ongoing business prioritization efforts.” The shift comes as the cryptocurrency market continues to trend downwards, dragging the supposedly immovable stablecoins, which are pegged to a fiat currency or commodity, with…

In Very Classy Move, Coinbase Is Withdrawing Job Offers From People Who Already Accepted Them

That's pretty cold!Nevermind!Nothing inspires investor confidence during an economic crisis quite like rescinding job offers, as Coinbase may soon learn.In an update about what was initially a two-week "pause" on hiring, Coinbase announced last night that not only would it be freezing hiring "for the foreseeable future," but that the company would also be rescinding "a number of accepted offers.""It’s become evident that we need to take more stringent measures to slow our headcount growth," Coinbase's "Chief People…