> Those claiming that this is a "crypto" sentiment thing should consider the possibility that the front page of HN will be filled with stories like this from al

> Those claiming that this is a "crypto" sentiment thing should consider the possibility that the front page of HN will be filled with stories like this from all over the economy within one month That may very well happen, but Coinbase is directly blaming their layoffs on over-hiring for web3 usecases and ideas that they feel are no longer financially viable.