2023-1-19 21:06 |
U.S. regulators’ announcement of action against Bitzlato, a softening stock market and a new wave of tech layoffs resulted in an abrupt correction in the crypto market.
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Amid recent market problems, Crypto.com, in a statement release, announced that it would be laying off some of its employees. This comes after massive layoffs from Coinbase among other big entities.
2023-1-13 11:33 | |
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Crypro. com CEO cited poor market conditions and recent events in the industry as reasons for layoffs. The layoffs come just days after Coinbase announced similar layoffs. The Cronos (CRO) token price has responded positively to the news.
2023-1-13 11:04 | |
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Star investor Cathie Wood says Coinbase will survive the bear market as her ARK Innovation ETF (ARKK) buys over 33,000 COIN shares. The post Cathie Wood Snaps $1.45M in Coinbase Shares Despite Massive Layoffs appeared first on BeInCrypto.
2023-1-11 21:12 | |
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Coinbase announced Tuesday that it plans to lay off 950 staff members, about 20% of its workforce, to reduce costs – according to an internal memo. The exchange is blaming the current market conditions for its continued personnel reduction.
2023-1-11 22:26 | |
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Many popular cryptocurrency trading platforms, including Kraken and Coinbase, have recently initiated a fresh round of firings.
2023-1-10 17:57 | |
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Cryptocurrency exchange Huobi has confirmed planned layoffs at the company as part of the measures being taken to navigate the tough market conditions. The news comes as the native Huobi Token (HT/USD) traded at lows of $4.
2023-1-7 14:40 | |
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As a bear market sweeps the crypto industry, CoinDesk is keeping a running list of industry players that have been forced to cut back on staff.
2023-1-6 18:19 | |
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Binance currently has 700 open job positions, despite the challenges facing the industry and the FUD around the exchange itself. One of the worst bear markets in crypto history hit the market in 2022, leading to the demise of industry…
2023-1-3 16:18 | |
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The weakening crypto market and contagion among companies as a result of the implosion of the Terra ecosystem in mid-May and the unexpected collapse of FTX last month have had a significant impact on the industry’s headcount, which is perhaps its most important asset.
2022-12-24 15:45 | |
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Recent reports indicate that global real monthly wages declined in 2022 for the first time in the 21st century. These wage plunges correlate slightly with crypto price declines and layoffs in 2022. Real global wages declined in 2022 Wall Street…
2022-12-8 22:08 | |
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Crypto exchanges Bybit and Swyftx have moved to execute their second round of layoffs in preparation for a worsening bear market, fueled by the FTX collapse. The post Bybit, Swyftx join layoff spree following FTX collapse appeared first on CryptoSlate.
2022-12-5 16:15 | |
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Centralized crypto exchange Bybit has become the latest to axe staff as crypto winter deepens. The move adds to layoffs by the company earlier this year in June. The post Bybit to Cut 30% of Workforce as Crypto Bear Market Deepens appeared first on BeInCrypto.
2022-12-5 06:27 | |
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Ben Zhou, the co-founder and CEO of Bybit, announced a reorganization plan amid a prolonged bear market, which involves a steep reduction in the workforce.
2022-12-5 13:50 | |
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There has been a lot of news about crypto layoffs during this bear market. However, they represent a very small portion of cuts in the tech sector. The post Crypto Layoffs Represent Just 4% of All Tech Staff Cuts in 2022 appeared first on BeInCrypto.
2022-11-15 10:20 | |
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There are still pockets of hope, however, with some companies looking to expand despite the market conditions.
2022-11-4 09:40 | |
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Web3 companies continue to hire amidst a bull market as tech giants undergo layoffs and hiring freezes.
2022-10-31 00:01 | |
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2TM is the holding company for Mercado Bitcoin, Brazil’s largest crypto exchange by market valuation.
2022-9-2 00:23 | |
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Robinhood CEO Vlad Tenev said the layoffs were concentrated in its operations, marketing, and program management departments. Another Robinhood Staff Cut Robinhood is letting go of even more employees. A...
2022-8-3 12:37 | |
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The bear market has forced multiple organizations to cut their workforces, hurting morale and weakening the companies; BTC, ETH soar.
2022-7-28 02:05 | |
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As a bear market sweeps the crypto industry, CoinDesk is keeping a running list of industry players that have been forced to cut back on staff.
2022-7-22 21:20 | |
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Over 3,500 specialists have been affected by massive cuts in the cryptocurrency market, but it looks like the worst is yet to come. The post Fired: 3,500 Crypto Specialists Without Work, More Layoffs to Come appeared first on BeInCrypto.
2022-7-4 07:58 | |
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Coinbase wants to continue its European expansion in the middle of the brutal bear market
2022-7-2 22:57 | |
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Students and recent graduates are undaunted in their plans to launch their careers in crypto, despite reports of layoffs and price volatility.
2022-6-30 20:14 | |
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Cryptocurrency exchange LBank has continued to hire more cryptocurrency and blockchain talents, as well as interns for its global offices. Against the backdrop of extreme volatility in the crypto market and investors dumping risky assets, in addition to certain crypto firms laying off employees and freezing withdrawals, LBank makes a move along the right lines.
2022-6-23 15:12 | |
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The latest price moves in bitcoin ($BTC) and crypto markets in context, for June 13, 2022.
2022-6-15 18:34 | |
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he market’s recent bloodbath has resulted in major crypto firms reining in their expansion plans and, in some cases, laying off a sizable portion of their workforce. The post Layoffs Continue with Coinbase, BlockFi and Crypto.
2022-6-14 15:30 | |
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While crypto companies have been faced with major layoffs, things are nowhere as bad as the tech industry or other traditional sectors.
2022-6-11 16:03 | |
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Coinbase, Gemini and other crypto exchanges are laying off employees. But the cutbacks have not been as deep as previous market downturns, so far.
2022-6-4 20:43 | |
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The Coinbase news follows an announcement of layoffs at fellow exchange Gemini earlier today.
2022-6-3 23:57 | |
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Previous crypto bear markets triggered much bigger layoffs, with some firms like ConsenSys reportedly firing up to 60% of its workforce in 2018.
2022-6-3 17:18 | |
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Persistent unemployment and fears of further layoffs are the real economic counterpoint to the financial market’s unbridled enthusiasm.
2020-6-19 22:00 | |
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The dismal unemployment data out this week doesn't paint a full picture of the state of the labor market as more layoffs are announced. The post Friday’s Unemployment Report is Just the Tip of a Terrifying Iceberg appeared first on CCN.com
2020-4-4 18:40 | |
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The for-profit arm supporting zcash has issued a new report saying it avoided layoffs throughout the bear market despite being in the red.
2019-8-30 15:25 | |
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Joseph Lubin, the co-founder of Ethereum and one of the crypto titans, accurately called the bottom of the 2018 bear market. Amidst the mass layoffs and restructuring of ConsenSys, and contrary to the “epic amount of fear, uncertainty, and doubt” in the market, Lubin asserted the industry has a “very bright” and exciting future.
2019-5-4 12:00 | |
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Bitcoin‘s price might have risen lately, but blockchain startups are still reeling from the bite of the bear market. Sirin Labs, the firm behind the “world’s first blockchain phone” has confirmed 25 percent of its workforce has been let go.
2019-4-16 17:41 | |
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Hut 8, a Canadian Bitcoin mining firm has laid off more employees, citing poor revenue figures due to the prolonged cryptocurrency bear market of 2018. The Canadian Broadcasting Corporation (CBC) reports that it is the second round of staff cuts, following layoffs earlier in January 2019, as the company reportedly attempts to streamline its operationsRead MoreRead More.
2019-4-7 15:00 | |
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Ever since Bitcoin’s break of its parabolic advance in December 2017, the entire crypto market has been locked in a brutal bear market that’s resulted in companies going under, widespread layoffs, and investors and miners capitulating.
2019-3-21 23:00 | |
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Following a series of recent layoffs and closures within the industry, top Korean exchange Bithumb follows suit by announcing it will cut its workforce in half by the end of this month. While the market is currently showing signs of optimism, this news brings an unwelcome reminder to the realities of an extended bear market.
2019-3-19 19:01 | |
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The latest firm to restructure its operations in light of the bear market is First Digital Assets, who announced on March 4, 2019, that they would be laying off staff and closing its research arm. Damage Control Many companies have been hit hard by the crypto winter and it would seem that many have beenRead MoreRead More.
2019-3-6 14:00 | |
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First Digital Assets blockchain startup will make significant cutbacks on staff following the ongoing bear market
2019-3-5 23:27 | |
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Ebang, one of China’s top manufacturers of bitcoin miners, is planning to produce 400,000 mining machines in 2019. On February 22, 2019, Ebang reportedly announced this plan to expand dramatically throughout the fiscal year.
2019-2-26 22:09 | |
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Just eight months after its launch, Huobi’s Australian subsidiary is to be subsumed under the Huobi Global canopy, citing poor market conditions
2019-2-25 12:05 | |
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It has become abundantly apparent that the Bitcoin crash-induced crypto winter hasn’t managed to seduce bears. The crash in the broader cryptocurrency market, which sent investors running en-masse, has resulted in a number of layoffs at this (not so) budding sector’s most preeminent firms.
2019-2-5 16:02 | |
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Kraken announced today its acquisition of Crypto Facilities, the first regulated firm in the world to offer futures on crypto assets several years back. The move could put Kraken, currently the 46th largest bitcoin exchange by adjusted volume, on track to the top 10.
2019-2-5 21:12 | |
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Another cryptocurrency startup is laying off staff and restructuring its business entirely. This week, it’s the group behind the NEM blockchain and its token, XEM, and of course, it’s the bear market‘s fault.
2019-1-31 19:16 | |
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The Singapore based NEM Foundation is the latest to suffer from the prolonged bear market as it faces bankruptcy fears and axes staff. In recent months a number of crypto companies including Bitmain, ConsenSys, Huobi and Blockfolio have downsized and cut staff in the midst of the ever deepening crypto winter.
2019-1-31 10:16 | |
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While the bear market has sparked layoffs at some firms, a survey conducted by CoinDesk found that many companies find the slowdown to be "a blessing."
2019-1-31 01:15 | |
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Since Bitcoin began to tumble in early-2018, crypto investors en-masse have been sitting on their hands, eagerly waiting for the eventual market turnaround. And while hopeful sentiment has begun to mount, especially as this industry’s news cycle indicates that common Joes & Jills shouldn’t be disconcerted, one fund manager believes that crypto will take another.
2019-1-29 18:03 | |
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On January 22, 2019, Livio Weng Xiaoqi, the chief executive of Huobi Global, insisted that the company is still profitable despite the bear run and event layoffs, as new projects are launched. Beating the Bear Run Within the last year, there have been significant changes in the global cryptocurrency market and not all of them good.
2019-1-23 17:00 | |
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