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Coinbase extends hiring pause

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Crypto exchange Coinbase is extending a hiring pause announced two weeks ago.

Company officials said the freeze would be extended into the "foreseeable future."

"After assessing our business priorities, current headcount and open roles, we have decided to pause hiring for as long as this macro environment requires," said L.J. Brock, Coinbase's chief people officer.

Read more from CNBC.

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