2023-1-19 18:30 |
A total of 97 employees, or 11% of the workforce, will be affected, according to a blog post by the CEO.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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The price of Cronos (CRO) token has maintained its bullish trajectory even as Crypto. com announces 20% layoffs. In the company’s announcement, the CEO and co-founder of Crypto. com, Kris Marszalek, the company “made the difficult decision to reduce our global workforce by approximately 20%.
2023-1-15 13:20 | |
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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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Crypto exchange Binance has decided to conduct a hiring drive amidst the market turmoil, especially when rival exchanges have been laying off employees constantly. The crypto exchange will, or at least is planning to, increase its workforce by 15-30% in 2023, as mentioned by Binance CEO Changpeng Zhao at the Crypto Finance Conference held in […]
2023-1-12 18:00 | |
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Coinbase Global Inc (NASDAQ: COIN) has announced it will cut jobs again as it bids to minimise costs after a brutal crypto winter. Brian Armstrong, the co-founder and CEO of Coinbase, said in a blog announcement on 10 January that the layoffs are part of the company’s plans to cut operating costs in 2023.
2023-1-12 18:11 | |
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Genesis announced in August that it planned to cut its then-260-person workforce by 20%, with CEO Michael Moro moving into an advisory role.
2023-1-6 23:32 | |
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Coinspeaker Israel-Based Playtika Confirms 15% Layoff of Workforce In the email that confirmed the latest headcount reduction, the CEO wrote that it was difficult for the company to reach the decision.
2022-12-13 14:36 | |
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Swyftx has announced that it will lay off 40% of its workforce to prepare for a "worst-case scenario" of a persistent decline in crypto markets next year and more "black swan" events such as FTX.
2022-12-5 14:50 | |
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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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Payments processor Stripe laid off 14% of its workforce — over 1,100 employees, CEO Patrick Collison announced in an email on November 3. The post Stripe lays off 14% of workforce to cut costs amid economic downturn appeared first on CryptoSlate.
2022-11-3 20:42 | |
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BitMEX, the crypto derivatives platform, will be laying off 30% of its work force according to Chinese reports. These comes in just after the firms CEO Alexander announced his departure.
2022-11-3 23:00 | |
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Genesis CEO Michael Moro has stepped down, with Chief Operating Officer Derar Islim elevated to interim Chief Executive Officer, the New York-based crypto broker announced on Wednesday. The company says it has commenced efforts to bring on board a full-time replacement.
2022-8-18 20:22 | |
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One week after reporting a 9% decline in loan agreements through its lending desk, Genesis has reportedly laid off 20% of its workforce, and CEO Michael Moro is stepping down. The post Michael Moro leaves Genesis Trading amid growing financial struggles appeared first on CryptoSlate.
2022-8-17 19:56 | |
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Institutional crypto broker Genesis Global Trading has announced that its CEO Michael Moro is resigning and it will be cutting 20% of its workforce. The move marks further fallout from...
2022-8-18 19:14 | |
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Michael Moro, the CEO of crypto broker Genesis has quit as the company cuts 20% of jobs.
2022-8-18 16:23 | |
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Co-Founder and CEO at popular non-fungible token (NFT) marketplace OpenSea, Devin Finzer, announced a reduction in the company’s workforce. The platform will let go of 20% of its staff to adjust to the current decline in the crypto industry.
2022-7-15 23:55 | |
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Kraken CEO Jesse Powell lashed out on Twitter against some employees for going against the company’s crypto-first culture, saying that around 20 people out of its 3,200 workforce were not fit for the organization.
2022-6-16 22:30 | |
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Major crypto exchange Coinbase published a message from its CEO, Brian Armstrong. The company has decided to reduce its workforce by 18% to “ensure we stay healthy during this economic downturn”. Related Reading | Lending Platform Celsius Freezes Withdrawals, Raising Liquidity Concerns Last year, Coinbase became the first crypto exchange to debut in public markets under […]
2022-6-15 21:59 | |
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Coinbase CEO Brian Armstrong on June 13 announced the decision to cut the company’s workforce by 18%, which according to The Wall Street Journal, translates to around 1,100 employees. The post Coinbase to layoff 1,100 employees after petition against executives appeared first on CryptoSlate.
2022-6-15 18:39 | |
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While it is one of the world's biggest crypto-exchanges, it would seem that Coinbase is not immune to the market's downturn either. According to a blog shared by CEO Brian Armstrong, the exchange willThe post After BlockFi, Coinbase cuts workforce by 18% as CEO admits to over-hiring appeared first on AMBCrypto.
2022-6-14 16:12 | |
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CEO Crypto. com Крис Маршалек заявил о планах уволить порядка 260 сотрудников или 5% от всей рабочей силы криптовалютной платформы. That means making difficult and necessary decisions to ensure continued and sustainable growth for the long term by making targeted reductions of approximately 260 or 5% of our corporate workforce.
2022-6-14 15:55 | |
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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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CEO Vlad Tenev said the platform’s rapid growth in 2020 and 2021 led to duplication of roles and functions.
2022-4-27 23:44 | |
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The blockchain is where the future of movies and entertain is headed. Jason Kilar, who was designated chief executive officer of WarnerMedia by AT&T nearly two years ago, informed the company’s workforce Tuesday that he was resigning after the entertainment giant’s merger with Discovery concludes.
2022-4-6 07:27 | |
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Coinspeaker FB Stock Up 0. 6%, Mark Zuckerberg Predicts 50% of Facebook Staff Will Work RemotelyFacebook will take major steps in expanding and hiring its full-time remote workforce said company CEO Mark Zuckerberg.
2020-5-22 12:07 | |
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Circle CEO Jeremy Allaire says that regulations are to blame for Circle staff cuts
2019-5-22 12:54 | |
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By CCN: Ford is in the throes of an $11 billion restructuring, which will cost 7,000 white-collar workers their jobs this year. The US auto giant believes the “smart redesign” will save billions, but the Dearborn-based company’s stock continues to struggle.
2019-5-21 20:59 | |
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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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Most of the recipients of the nicknames that President Donald Trump regularly dishes come to learn of it from a distance. For Apple CEO Tim Cook though, it was different. Cook was sitting to Trump’s right when Trump referred to him as ‘Tim Apple’ during an American Workforce Policy Advisory Board meeting.
2019-3-8 15:31 | |
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Chinese crypto mining juggernaut Bitmain has taken a substantial hit in the recent crypto crash, leading to negative consequences for the company on many fronts. Just today, a source has confirmed with Bitcoin Magazine that the company is shutting down its offices in Amsterdam.
2019-1-15 00:45 | |
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ShapeShift, a prominent token-swapping platform, has added itself to the long list of crypto companies that have performed a major layoff over the course of the crypto winter. According to CEO Erik Voorhees, ShapeShift has just dismissed thirty-seven of its employees—a third of the company’s workforce.
2019-1-12 20:10 | |
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The crypto winter has devastated companies in the industry, including ShapeShift. CEO Erik Vorhees confirmed on Jan. 10 the layoff of 37 employees in the well-funded startup, a third of the firm’s workforce.
2019-1-11 21:20 | |
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The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days.
2018-12-29 21:20 | |
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The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days.
2018-12-27 21:20 | |
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BlockFihttps://bitcoinmagazine. com/articles/blockfi-gives-hodlers-another-option-borrow-against-crypto-assets/, the New York-based startup that provides crypto collateralized loans, has raised additional funds to expand its services.
2018-12-14 01:12 | |
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Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra'anana, Israel, according to reports from local news outlet Globes.
2018-12-10 20:51 | |
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Blockchain-based social media platform Steemit is facing a crisis. CEO Ned Scott revealed on Nov. 27, 2018, that the company has been forced to lay off 70 percent of its workforce amid an atmosphere of falling crypto prices and high operational costs.
2018-12-1 22:39 | |
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The decentralized content platform that rewards content providers with cryptocurrency, Steemit, recently announced a corporate restructuring that will result in a significant amount of their workforce being cut.
2018-11-30 03:00 | |
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Blockchain-based social media platform Steemit Inc. , the company behind popular open source website Steemit. com, has announced a structural reorganization which will entail laying off 70 percent of its workforce as it looks for new ways to cut costs and remain sustainable as a business.
2018-11-29 22:53 | |
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Angelina Kwan, former managing director and head of regulatory compliance for Hong Kong Exchange and Clearing, is taking on the position of COO of BitMEX, one of the largest cryptocurrency exchanges in the world, at a time when the challenges facing these exchanges are greater than ever.
2018-10-2 15:47 | |
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The Queensland government in Australia is backing a cryptocurrency point-of-sale system that officials believe will help boost tourism throughout the area. Thus far, they have given over $8 million in Australian dollars ($6 million USD) to roughly 70 different companies that will work to inspire innovation and create new ideas within the region’s travel space.
2018-8-2 00:27 | |
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UBS Group AG's 13F filing reveals a significant stake in BlackRock's iShares Bitcoin Trust (IBIT), signaling growing institutional interest in crypto. The post Swiss bank UBS holds 3,600 shares in BlackRock’s iShares Bitcoin Trust, SEC filings show appeared first on Crypto Briefing.
Former Twitter CEO Jack Dorsey predicts Bitcoin could reach at least $1 million by 2030, citing Bitcoin's collaborative ecosystem and growing mainstream adoption as key price drivers.
Deutsche Bank analysts warn of stablecoin risks, citing Tether's lack of transparency. The post Tether refutes Deutsche Bank research revealing stablecoin solvency risks appeared first on Crypto Briefing.
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.