SEC to Ban Crypto Staking, Disney Lays Off 7,000, and Boeing Lays Off 2,000
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Lots of interesting news to cover in today's video, Disney announces they're laying off 7,000 employees and re-organizing the company after losing billions with their streaming service, this is on the heels of layoffs from eBay, Dell, and other large tech firms. Boeing also laid off 2,000 workers and Facebook looks likely to continue layoffs as well. And in crypto news Coinbase CEO Brian Armstrong says he's hearing rumors the SEC could ban crypto staking for retail investors.
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