SBF restricted from using Signal, communicating with FTX employees

Federal judge Lewis Kaplan has imposed communication restrictions on former FTX CEO Sam Bankman-Fried, as seen in a February 1 court filing. The post SBF restricted from using Signal, communicating with FTX employees appeared first on CryptoSlate. дальше »

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Federal judge bars SBF from contacting FTX and Alameda employees via Signal

Sam Bankman-Fried could also be barred from accessing FTX and Alameda funds as part of his bail conditions, with a judge scheduled to discuss the matter in a Feb. 7 hearing. дальше »

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Binance Announces Decentralized Storage System as Coinbase Cloud Bleeds Employees

Binance takes the Web 3 fight to Coinbase with a new decentralized storage service. The post Binance Announces Decentralized Storage System as Coinbase Cloud Bleeds Employees appeared first on BeInCrypto. дальше »

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Web3 Hackathon on Astar sponsored by Toyota Motor Corporation

Tokyo, Japan, 1st February, 2023, Chainwire Toyota Motor Corporation, Japan’s largest conglomerate with over 330,000 employees worldwide, is sponsoring its first ever global Web3 hackathon. It has chosen Astar Network, the smart contract platform for multichain, to make Web3 use cases for Toyota’s employees. дальше »

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Huobi to cut 20% of its workfoce

Huobi Global, a prominent global cryptocurrency exchange, has declared that it will be releasing nearly 20% of its employees.  дальше »

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Celsius Was Operated in a Ponzi-Like Manner: Report

Celsius was pushing up the price of its CEL token by using customer funds, a new report has found. Even employees commented on how ponzi-like the scheme appeared. A Ponzi... дальше »

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US Prosecutors Want SBF Banned From Signal, Contacting FTX Employees

US prosecutors have requested that FTX founder SBF's bail condition be tightened because he may be involved in "witness tampering." The post US Prosecutors Want SBF Banned From Signal, Contacting FTX Employees appeared first on BeInCrypto. дальше »

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FTX: Prosecutors ask judge to restrict communication between SBF and witnesses

Prosecutors have asked the judge overseeing SBF's case to restrict communication between him and employees of FTX. SBF reportedly contacted the General Counsel of FTX in an attempt to influenceThe post FTX: Prosecutors ask judge to restrict communication between SBF and witnesses appeared first on AMBCrypto. дальше »

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Silvergate suspends dividends to preserve ‘highly liquid balance sheet’

January has been a rough month for Silvergate, with the dividend halts coming just a few weeks after it announced a Q4 2022 loss of $1 billion and laid off 200 employees. дальше »

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DOJ Claims Sam Bankman-Fried Tried to Influence Witness Testimony, Asks for Communications Ban

Federal prosecutors wrote a letter to U.S. District Court Judge Lewis Kaplan on Friday, requesting that he modify the conditions of Sam Bankman-Fried’s bail to include ban on private communications with current and former employees of FTX and Alameda Research. дальше »

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Jihan Wu's Matrixport Cuts 10% of Staff

At press time, Matrixport had more than 290 employees serving customers in 40 countries. дальше »

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Sui-Based Ethos Wallet Raises $4.2M in Seed Round

The underlying blockchain was developed by former Meta employees. дальше »

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DCG subsidiary Luno to sack 35% of its employees

Luno, a crypto exchange subsidiary of the Digital Currency Group (DCG), announced that it plans to cut about 330 of its 960 global workers. дальше »

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Crypto Exchange Luno Cutting 35% of Its Staff

Luno said the cuts will affect employees in all regions. дальше »

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Microsoft’s Metaverse Dream Is In Jeopardy Following Massive Layoffs

Microsoft’s Metaverse dream appears to be in limbo after the tech giant laid off over 10,000 employees. Most of the departments affected include those running the AR and VR projects, the two key components of the metaverse. дальше »

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BlockFi exec argues bankruptcy court should approve bonuses to retain talent

According to Megan Crowell, losing certain employees could “severely [limit] the debtors’ options“ amid bankruptcy proceedings.

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Alphabet Reportedly Set to Layoff 12,000 Employees

Coinspeaker Alphabet Reportedly Set to Layoff 12,000 Employees The layoff will affect every aspect of its business operation and teams from corporate services, recruitment, and engineering are affected. дальше »

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ConsenSys Confirms Job Cuts; CEO Lubin Touts a Win for Decentralization Over 'Ridiculous' CeFi

A total of 97 employees, or 11% of the workforce, will be affected, according to a blog post by the CEO. дальше »

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Microsoft to Lay Off Thousands of Employees across Various Divisions

Coinspeaker Microsoft to Lay Off Thousands of Employees across Various Divisions The technology sector in general is struggling now, and Microsoft has been waiting for quite a long before cutting its workforce. дальше »

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South Korean exchange Korbit to monitor accounts of employees, family members

Korbit exchange announced plans to monitor the accounts of its employees and their family members in a bid to improve internal control standards, according to local media reports. The post South Korean exchange Korbit to monitor accounts of employees, family members appeared first on CryptoSlate. дальше »

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Blockchain.com Slashes 28% Of Its Workforce Amidst Crypto Downturn

Crypto brokerage company Blockchain. com is among the recent companies within the industry that have planned to cut their workforce. Multiple crypto businesses have been severely impacted by the crypto winter, forcing them to lay off a large number of employees. дальше »

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Crypto.com CEO announces cutting 20% of workforce

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. дальше »

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Huobi employees revolt, GameFi lives, Antminer on steroids: Asia Express

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Crypto Exchange Blockchain.com Slashes Headcount for the Second Time, Lays off 28% of Employees

Blockchain. com lets go of 28% of its staff to achieve profitability in 2023. It slashed 25% of its workforce in July 2022, impacted by the collapse of 3AC. The post Crypto Exchange Blockchain. дальше »

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Binance To Increase Workforce By 15%-30% Despite Crypto Winter

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 […] дальше »

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Binance wants 30% more employees in 2023

Binance CEO Changpeng Zhao, while speaking at a conference in St. Moritz, Switzerland, expressed optimism on the possibility of seeing the exchange attain 30% hiring growth in 2023. дальше »

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Coinbase faces another blow as it winds down most Japanese operations

Coinbase is winding down the majority of its operations in Japan. A few employees are being retained to ensure the safety of customer assets. American crypto exchange Coinbase Inc. will shutThe post Coinbase faces another blow as it winds down most Japanese operations appeared first on AMBCrypto. дальше »

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Coinbase lays off 950 employees, CEO says the exchange is well capitalized

The exchange wants to reduce operating costs by 25%. It is the second crypto exchange after Huobi to confirm layoffs in 2023. Coinbase CEO has however confirmed that the exchange is well capitalized. дальше »

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Coinbase Cuts Around 20% of Workforce as Crypto Winter Rages

Crypto exchange Coinbase has said it is planning to reduce its headcount by around 950 employees as part of a restructuring which it expects to be complete by the end of Q2 2023. дальше »

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Osprey Funds is operating with less than 10 employees after layoffs

Crypto asset manager Osprey Funds, which manages the Osprey Bitcoin Trust (OBTC), is operating with less than 10 employees after layoffs, Yahoo Finance reported on January 9 citing sources familiar with the matter. дальше »

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Silvergate gets more bad news as Moody’s slashes its ratings

The beleaguered bank was allegedly moving money between FTX and Alameda; then it sold debt at a discount and sacked employees after a bank run. дальше »

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Silvergate stock price falls 46% amid massive layoffs

Silvergate shares plummeted 46% as the company announced to lay off 40% of its workforce, equating to approximately 200 employees. Silvergate struggles to remain in business Silvergate, a publicly traded crypto banking company, has had its share price fall 46%… дальше »

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Is Huobi safe? Why customers should be withdrawing funds

Key Takeaways Crypto exchange Huobi is reportedly laying off 20% of its workforce and has requested employees take their salaries in stablecoins Internal communication has reportedly been suspended in order to quell discontent Customers are pulling their funds from the exchange, while volume is down 23% Its native token has fallen 10%. дальше »

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Genesis says 30% of employees will go in new lay-offs

According to the Wall Street Journal, Genesis Global Trading Inc. let off 30% of its workforce today, the latest indication of the crypto lender's ongoing financial difficulties. дальше »

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Retail Giant Amazon to Carry Out Record Layoff of 18,000 Employees amid Economic Crisis

Coinspeaker Retail Giant Amazon to Carry Out Record Layoff of 18,000 Employees amid Economic Crisis Recently, layoff decisions has somewhat become a trend among global firms. Retail Giant Amazon to Carry Out Record Layoff of 18,000 Employees amid Economic Crisis дальше »

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Silvergate sold assets at loss and cut staff to cover $8.1B in withdrawals: Report

Silvergate has reportedly laid off 200 members of its staff, which is around 40% of its total number of employees.

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Wyre said to shut down and lay off employees as CEO declares scaling back

Crypto firm Wyre has reportedly informed its employees it is shutting down operations in the first quarter of 2023. Its CEO insists that the company is scaling back. Wyre, a blockchain-based payments transfer company that has operated since 2013, is… дальше »

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Billions Lost, Employees Cut Off — Inside The Metaverse’s Bad Run In 2022

If wishes were granted on the metaverse, the first would be to delete the year 2022 from the history books and push on with the highs of 2021. The metaverse had resonated in crypto spaces for a while but boomed in late 2021 when Facebook founder Mark Zuckerberg joined the train announcing a metaverse platform […] дальше »

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Mythical Games sues former execs for secretly raising $150m for new startup

Mythical Games, a crypto gaming startup supported by Andreessen Horowitz, has filed a lawsuit, alleging that three former high-level employees broke their fiduciary duties by utilizing their connections and business tactics to raise $150 million in funding. дальше »

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FTX bears the brunt of SBF's decisions as it attempts to reclaim these funds

FTX undertaking legal action to recoup payments by companies and former employees FTX plans to file lawsuits in case of failure on the part of political parties to return the donations CryptThe post FTX bears the brunt of SBF's decisions as it attempts to reclaim these funds appeared first on AMBCrypto. дальше »

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FTX’s Bankman-Fried Gave Ex-Jane Street Traders Who Formed Modulo Capital $400M

Founded in early 2022, Modulo operated out of the same luxury Bahamian condominium community where Sam Bankman-Fried and other FTX employees lived. дальше »

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Binance CEO Changpeng Zhao Fears Forthcoming Challenges

Changpeng Zhao, the founder and CEO of Binance, warned employees of the forthcoming challenges. Is he planning layoffs? The post Binance CEO Changpeng Zhao Fears Forthcoming Challenges appeared first on BeInCrypto. дальше »

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Paradigm slashes employees’ salaries by 15%

Paradigm, in a recent twitter statement, announced that it would be slashing its work-forces' salaries by 15%. дальше »

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Binance Chief Warns Employees of Challenging Times Ahead amid Crypto Winter

Coinspeaker Binance Chief Warns Employees of Challenging Times Ahead amid Crypto Winter The Binance CEO also spoke about the USDC withdrawal suspension while explaining the impact of the crypto winter. дальше »

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3Commas debunks claims that employees stole users’ API keys

Crypto trading company 3Commas is in the eye of a storm: while some accuse its employees of stealing users’ API keys, the company insists such claims are fake. In a recent post, the CEO of 3Commas, Yuriy Sorokin, stated that… дальше »

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BlockFi employees were discouraged from describing risks in internal communications: Report

According to a former employee, an internal team at BlockFi raised concerns about the borrower pool being too concentrated among crypto whales such as Three Arrows Capital and Alameda. дальше »

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Many Koinly staff point to poor communication, CEO in global layoffs

Uncertainty and a lack of communication were among the complaints of Koinly employees laid off in recent months before the company made an official announcement. дальше »

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Bankrupt Crypto Lender Celsius Incurs Customer Wrath With Staff Bonuses

Celsius Network won court approval to distribute bonuses worth $2.8 million to its employees. What about users’ funds? The post Bankrupt Crypto Lender Celsius Incurs Customer Wrath With Staff Bonuses appeared first on BeInCrypto. дальше »

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As crypto winter freezes profits, these exchanges are now left in the cold

Australian crypto exchange Swyftx cuts down workforce by 40% due to the ongoing crypto winter ByBit decides to lay off employees for the second time considering the market scenario The cryptThe post As crypto winter freezes profits, these exchanges are now left in the cold appeared first on AMBCrypto. дальше »

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AAX clients storm exchange's office in Lagos following operational halt

A group of angry users attacked crypto exchange employees after withdrawals were halted, according to local media.

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