2022-6-3 08:07 |
2TM, the holding company for Mercado Bitcoin, Brazil's largest crypto exchange by market valuation, laid off over 80 employees on Wednesday.
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The move follows news of workforce reductions at a number of crypto exchanges in the U.S. and worldwide.
2022-6-2 19:54 | |
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May has been the most brutal month for tech layoffs since the covid crisis. In total 15,764 employees lost their jobs as fears of a recession mount. The post 15,000 Tech Staff Laid off in May, in Worst Figures Since Covid Crisis appeared first on BeInCrypto.
2022-6-1 00:00 | |
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The company, which had more than 700 employees before the cuts, counts four million users in the region.
2022-5-27 23:53 | |
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Robinhood, the app that popularized free one-click stock and crypto trading, revealed on Tuesday that it would lay off roughly 340 full-time employees, or around 9% of the 3,800 workforce. The move, according to Robinhood CEO Vlad Tenev, is in response to a decline in active users following a period of rapid growth early in […]
2022-4-27 11:41 | |
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Global tech firm IBM has reportedly laid off most of its employees in its blockchain sector, as the company is experiencing challenges with its revenue. Blockchain Arm Reportedly Facing Employee Exodus According to different sources familiar with the matter, IBM is reportedly carrying out a reorganisation, which has seen the company slashing its blockchain workforce.Read More
2021-2-3 16:00 | |
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Continue reading at Coinspeaker
2020-12-1 16:10 | |
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Coinspeaker Wirecard UK Business to Be Acquired by RailsbankWirecard has already laid off a number of employees in its Germany office. The company believes that most of its 80 UK employees would be absorbed by Railsbank.Wirecard UK Business to Be Acquired by Railsbank
2020-8-28 19:40 | |
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The Sovrin Foundation, a digital ID non-profit, laid off all paid employees after failing to secure funding for an SEC-compliant token issuance.
2020-6-26 00:10 | |
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Uber led a $170 million investment round in micro-mobility firm Lime just hours after announcing it was laying off 3,700 employees. The post Why Uber Splurged on a $170 Million Investment as It Laid-off Thousands appeared first on CCN.com
2020-5-11 21:30 | |
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The coronavirus crisis is causing a lot of people for many different companies around the world. Uber, the ride-sharing company, will effectively lay off nearly 4,000 employees as a result of the ongoing crisis.
2020-5-8 05:00 | |
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Mike Novogratz’ Galaxy Digital announced a workforce cut of 13 employees in the coming days, as the company faces challenges on its profits table. The news comes at a time the cryptocurrency market is booming with Bitcoin (BTC) having breached the psychological resistance at $10,000 USD.
2020-2-14 17:57 | |
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Payward, the parent company of the Kraken cryptocurrency exchange, has subpoenaed employer review and information platform Glassdoor. The subpoena is an attempt to discover the identities of employees who posted negative reviews about Kraken, which laid off dozens of employees in early 2019.
2020-2-14 12:20 | |
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During the last year, the cryptoconomy has picked up pace after a drawn out crypto winter. When market prices were low and startups were short on capital, a bunch of firms laid off employees in 2018.
2020-1-19 23:40 | |
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Chinese state media Sina is reporting that Bitcoin mining behemoth Bitmain is considering laying off up to half of its employees as the company envisages economic consequences of the coming Bitcoin halving event.
2020-1-4 00:00 | |
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Coinspeaker WeWork Sells Managed by Q Unit at an Incredibly Low PriceSoon after laying off employees, WeWork sells Managed by Q unit, which results from the company's need to cut its costs and unload assets.
2019-12-20 19:33 | |
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Smartphone manufacturer HTC has announced its intention to reduce its employees for a second consecutive year in efforts to realign its strategy and remain innovatively competitive, CoinDesk reports.
2019-12-18 20:43 | |
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The blockchain project Lightcurve has made the decision to lay off 40 percent of its employees in order to enable moving forward in the market. It is worth mentioning that Lightcurve is part of the open-source platform Lisk, which is powered by a cryptocurrency called LSK and is among the top 100 largest cryptos in […]
2019-12-14 20:28 | |
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The Lightcurve blockchain development studio has laid off 40% of its employees earlier this week in order to remain nimble
2019-12-14 16:06 | |
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The Lisk (LSK) project has reportedly fired about 40 percent of its workforce with rumors of other employees quitting the company in droves. Meanwhile, the Lisk hierarchy says the move is part of efforts to improve its operational efficiency but critics say the project is looking like another failed altcoin experiment.
2019-12-13 14:00 | |
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Circle laid off about 10 employees in its latest effort to cut costs. The move follows a round of 30 layoffs in May.
2019-12-12 01:30 | |
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Circle lays off another ten employees, denying relationship to recent departure of CEO
2019-12-13 00:05 | |
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One of the the longest running crypto asset exchange platforms has tried to tempt employees at the Nordea bank away from the anti-Bitcoin financial institution. Kraken tagged the Northern European giant in a tweet showing off its own latest and extensive employment opportunities.
2019-12-6 01:00 | |
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Nordea Bank has the right to prevent its employees from investing in Bitcoin (BTC) and other cryptocurrencies, a Danish court ruled. The bank will have the right to issue guidelines on owning and trading crypto, even during time off work.
2019-12-3 17:18 | |
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The IDAX CEO has allegedly run off with the cold wallet of the exchange, all employees have left or have been fired, and the platform’s token dropped to $0. Blocklike reported on Weibo. com rumors of chaos at the China-based trading platform IDAX suggesting the exchange pulled an exit scam.
2019-11-28 01:35 | |
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Chainalysis laid off 39 employees Thursday citing the need for a "path to profitability."
2019-11-22 00:00 | |
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Bloomberg today reported that Palantir Technologies, a Peter Thiel-founded company that builds mass-surveillance solutions for law enforcement agencies, will delay its highly-anticipated IPO indefinitely.
2019-9-19 01:50 | |
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Banking giants are in trouble and it’s starting to show. Key players in the industry have already announced massive job cuts and executives with hefty salaries have been dismissed. HSBC, the largest bank in Europe, has revealed it plans to lay off over 4,000 employees and Citigroup is preparing to shrink its trading staff slashing […] The post Big Banks, Big Troubles: HSBC, Deutsche, Societe, and Citi Lay Off Thousands Worldwide appeared first on Bitcoin News.
2019-8-9 03:00 | |
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The crypto market is currently having a great time but this does not mean that all companies are investing in having larger team and achieving better results. In fact, some companies such as Polymath are following the opposite route: they are laying off people.
2019-7-6 03:29 | |
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With IBM laying off 1,700 this month, most of the company's blockchain division employees have stayed on, though losses were suffered in the division's consulting department.
2019-6-21 23:55 | |
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By CCN: Bitcoin has been booming lately, but Circle, the parent company of crypto exchange Poloniex, announced yesterday afternoon that about 30 employees are leaving as part of “organizational changes.
2019-5-23 03:00 | |
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Cobinhood, a well-known Taiwanese cryptocurrency exchange, allegedly pulled an exit scam after filing for bankruptcy. The exchange’s associated company DEXON Foundation, and its DXN token, raised $3.
2019-5-22 07:25 | |
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Circle is laying off roughly 30 people, CoinDesk has learned.
2019-5-22 21:55 | |
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Circle is laying off roughly 30 people, CoinDesk has learned.
2019-5-21 21:55 | |
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Google has just ripped the beta label off Rivet, its free mobile app designed to help young children learn to read. Designed by the company’s Area 120 incubator for employees’ big ideas, Rivet comes with more than 2,000 books for children, categorized by topic and reading level.
2019-5-16 17:53 | |
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2018, by many measures, was the crypto ecosystem’s worse year yet. Digital assets, even Bitcoin (BTC), lost over 80% of their peak value on average; industry startups laid off chunks of employees or shut down entirely; and the words “crypto” and “blockchain” receded from the limelight, becoming a painful memory for those who “FOMOed” near.
2019-5-6 15:10 | |
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Coinbase, a major US-based cryptocurrency exchange, has shut down its Chicago office and laid off 30 engineers, while scaling… The post Coinbase Shuts Down Another Office, Dozens Employees Laid Off appeared first on Invest In Blockchain.
2019-4-25 21:55 | |
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While Bitcoin (BTC) has always been about improving the world’s financial and political wellbeing, this nascent market isn’t all too kind. Over the course of 2018, retail investors across the board lost their shirts, industry employees were laid off, and crypto’s reputation and presence in the mainstream sadly fell off the map.
2019-4-24 15:00 | |
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Israeli tech startup Sirin Labs, which launched the world’s first blockchain smartphone called Finney last year has laid off 15 of their total 60 employees, as reported by Globes on April 15, 2019. Sirin Labs Fires 25 Percent of its Workforce Sirin Labs, an Israeli tech startup that roped in football stalwart Lionel Messi toRead MoreRead More.
2019-4-18 13:00 | |
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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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By CCN. com: India’s regulatory uncertainty on cryptocurrencies has taken a toll on Bengaluru-based exchange Unocoin forcing it to lay off employees. According to The Economic Times, the bitcoin exchange has laid off over a dozen employees and now only has 14 employees remaining.
2019-4-16 14:39 | |
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The crypto bear market hasn’t been kind to many blockchain or crypto-focused businesses and companies, who have been forced to revisit their strategies, lay off employees, or even close up shop due to lack of funding or interest.
2019-4-13 03:01 | |
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If you have never harbored concerns regarding what you say in the presence of your Amazon Echo device, you should now. Bloomberg reports that Amazon has thousands of people on its payroll whose work is to listen to recordings of Echo devices.
2019-4-11 15:30 | |
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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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It’s finally April 2. Congratulations, you survived the epic bullshit that is cryptocurrency April Fool’s Day – and hopefully without falling for the swath of intentionally fake news. The same can’t be said for a string of media outlets caught peddling an April Fool’s prank pulled by Swiss publishing house Netzmedien, which (through a fintech subsidiary) bombastically announced it would be paying employees’ salaries entirely in cryptocurrency, starting with Bitcoin.
2019-4-2 13:09 | |
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When U. S. President Donald Trump signed off on a ban on equipment from Chinese 5G infrastructure giant Huawei for government employees and contractors last year, the move raised few eyebrows. The fact that the ban came under the Defense Authorization Act seemed to tell an open and shut story of national security and the threat of Chinese spying.
2019-3-20 21:41 | |
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Billionaire Elon Musk must personally approve every single employee that gets hired at Tesla. The electric-car company has also raised its hiring standards amid several recent rounds of layoffs. “All headcount requests from the business must get Elon approval,” according to a February 2019 internal email.
2019-3-13 16:23 | |
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Coinbase, a major US cryptocurrency exchange and wallet provider, came under scrutiny for its acquisition of Neutrino, a firm where some of its employees had connections to controversial software firm Hacking Team—a platform used by authoritarian governments to spy on their citizens.
2019-3-5 22:07 | |
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Following Coinbase’s decision to list XRP – the cryptocurrency commonly associated with Ripple – many analysts and investors alike questioned whether or not there was an element of insider trading associated with the listing.
2019-3-2 01:00 | |
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QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him.
2019-2-26 22:21 | |
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Lagrange Labs, a cryptography startup specializing in zero-knowledge proofs, raises $13.2M seed round led by Peter Thiel's Founders Fund. The post Lagrange Labs closes $13.2M to build out ZK proofs based on EigenLayer appeared first on Crypto Briefing.
Founded at Harvard, Botanix Labs raises millions to build the first Bitcoin-native Layer 2 primitive with full EVM equivalence — Spiderchain.
Key takeaways London-based Revolut has launched Revolut X to compete with leading crypto exchanges. Bitbot’s presale has now officially crossed the $3. 2 million mark. Revolut X is now live for experienced traders Financial institutions continue to troop into the cryptocurrency space and London-based Revolut will not be left out.
QCP Capital secures initial approval to operate in Abu Dhabi, expanding its crypto options trading services to the Middle East. The post QCP Capital secures preliminary approval to operate in Abu Dhabi appeared first on Crypto Briefing.
The cryptocurrency market is normally considered drastically different from traditional financial sectors for its humungous potential for high profit. This recently emerged market already has several success stories of investors turning a few hundred dollars into six-digit returns in a period of less than a year.
Crypto startups are turbocharging valuations through aggressive fundraising methods that reflect renewed crypto industry investor appetite despite looming economic uncertainty. The post Crypto startups see rapid growth through ‘fluid valuations’ and decentralized cap tables — Bloomberg appeared first on Crypto Briefing.
With the introduction of artificial intelligence in the investment sector, people are changing the way they invest in volatile cryptocurrencies like Ethereum. An industry that once required traders to learn complex market dynamics and study the plethora of crypto projects can now be entered into with minimal knowledge and experience.