ShapeShift lays off 37 staff as ‘crypto winter’ takes hold

2019-1-9 13:04

The “crypto winter” is far from over and cryptocurrency exchange ShapeShift is the latest to fall victim to its harsh ways. In a blog post published yesterday evening, ShapeShift CEO Erik Voorhees announced that he has had to “let 37 employees go.

” This has reduced the company’s size by a third. The news comes as a result of the continued cryptocurrency bear market, as well as ShapeShift’s business model, which financially exposes the business to the volatility of the cryptocurrency market. While this has shown to allow the company to prosper during bull runs, it seems it negatively impacts the…

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shapeshift cryptocurrency business market company crypto winter

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Источник: thenextweb.com

shapeshift cryptocurrency → Результатов: 69

ShapeShift Is Launching a Token for Free Cryptocurrency Trading

ShapeShift is launching the FOX token, which will give holders access to fee-free cryptocurrency trading and potentially motivate more bitcoin investment. The post ShapeShift Is Launching a Token for Free Cryptocurrency Trading appeared first on Bitcoin Magazine.

2019-11-21 16:00	shapeshift
shapeshift cryptocurrency trading token launching bitcoin free

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ShapeShift’s Non-Custodial Cryptocurrency Exchange Is Now Live

ShapeShift, a Colorado-based exchange that enables the instant swapping of digital tokens has announced the launch of the Shapeshift Platform, a non-custodial digital assets platform that makes it possible for users to seamlessly buy, sell, trade, hold, watch and interact with crypto-assets, according to a blog post on July 7, 2019.

2019-7-10 01:00	shapeshift
shapeshift cryptocurrency digital platform non-custodial exchange building

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ShapeShift Uncovers its Secret on How to Stay Compliant

Cryptocurrency is still an emerging industry and regulation is still trying to keep up. While there are few assertive regulatory frameworks in the world, crypto-related companies are often requested to provide information to law enforcement agencies.

2019-1-20 01:00	shapeshift
shapeshift cryptocurrency still law enforcement agencies information

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Cryptocurrency Bear Market Pressures Shapeshift into Layoffs

The ongoing cryptocurrency bear market appears to have claimed yet another victim. The latest digital currency-related firm to announce a restructure is exchange platform Shapeshift. According to a Medium post by the company’s CEO, 37 of Shapeshift’s employees have been laid off.

2019-1-9 03:00	shapeshift
shapeshift cryptocurrency market bear pressures layoffs represents

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BitPanda Swap Enters Crypto Swapping Space to Battle Shapeshift & Others

Very often than not, crypto enthusiasts and traders need to swap their current crypto for another; typically, from any of the top legacy cryptos like Bitcoin, Ethereum, Ripple, or Litecoin to lesser known digital assets.

2018-11-21 10:00
crypto bitcoin swap companies lookout several always

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Hoskinson: Satoshi Did “An Amazing Thing”...But There Are Lessons to Learn

Charles Hoskinson is best known today as a co-founder of both Ethereum and IOHK, where he leads the research, design and development of Cardano. But before these projects, there was Bitcoin.

2018-11-20 23:08	Adoption & community
bitcoin hoskinson people said going thing value

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U.S. SEC Opens Investigation into Salt Lending and Former Director Eric Voorhees

Shapeshift CEO Eric Voorhees and cryptocurrency loans startup Salt Lending Ltd. is under investigation by the U. S. Securities and Exchange Commission (SEC) concerning its $50 million ICO in 2017, per a Wall Street Journal article, published November 15, 2018.

2018-11-19 01:00
salt sec 2017 cryptocurrency ico eric investigation

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Bitcoin, Other Cryptocurrencies Could Surge in the Next Financial Crisis Says ShapeShift CEO

The cryptocurrency sector might end up becoming the biggest winner should the next global financial crisis happen. Shapeshift CEO Erik Voorhees argues that with the high debt level of most governments, a crisis could force them to print more money which will decrease the values of their respective currencies.

2018-11-13 17:59	Cryptocurrency
crisis could bitcoin financial shapeshift next ceo

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Bitcoin Price Set for Breathtaking Moonshot on the Back of Rising U.S. Debt, Says ShapeShift CEO Erik Voorhees

Erik Voorhees believes the price of Bitcoin will increase on the back of skyrocketing U. S. debt. The Chief Executive Officer of ShapeShift – a Swiss-based cryptocurrency exchange platform, believes that with rising debt profile, investors will have no choice but to invest in virtual currencies leading to the inevitable rise in the price of Bitcoin.

2018-11-12 18:23
debt bitcoin price rising voorhees shapeshift erik

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ShapeShift CEO Expects Next Bitcoin Boom to be Result of Growing $21 Trillion US Debt Crisis

Erik Voorhees, the current CEO of ShapeShift, recently posted to Twitter about the unfortunate debt that the US continues to grow right now. Presently, it has already reached $21. 7 trillion, which is terrible news for the US economy.

2018-11-11 20:57	News
trillion shapeshift ceo twitter voorhees debt terrible

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Prominent Crypto Investor and Exchange Service Provider Talks New KYC and AML Regulations

Erik Voorhees, the founder of ShapeShift, talked about the influence of Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) policies. During a discussion with Naomi Brockwell on Youtube, he has also given his opinion about regulations in the cryptocurrency world.

2018-11-5 00:53	News
shapeshift aml kyc regulations policies opinion cryptocurrency

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Edge wallet version 1.4.0 integrates ShapeShift, Changelly, adds XLM and XRP

CryptoNinjas Edge, a cryptocurrency security solution and multi-asset mobile wallet today announced a significant version update to Edge wallet, which enhances user privacy while expanding users’ ability to securely buy, sell, and trade cryptocurrencies.

2018-10-25 19:23
edge version wallet xrp xlm integrates shapeshift

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Trezor Wallet Adds Crypto Exchange Support with the Help of ShapeShift and Changelly

SatoshiLabs, the Prague-based maker of the popular crypto hardware wallet Trezor, has enabled its Model T users to exchange coins directly through their wallet interface, the company announced in a blog post on October 22, 2018.

2018-10-24 09:00	XRP
wallet trezor satoshilabs bitcoin exchange crypto recognized

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Shapeshift Releases CoinCap.io, A Revamped Price Tracker

Trading cryptocurrencies are easy but identifying arbitrage opportunities is difficult due to numerous exchanges across the globe. Prices of cryptocurrencies vary across these exchanges making it difficult for the trader to decide where should he purchase and also if there is a possibility to arbitrage.

2018-10-9 13:00
exchanges trader arbitrage difficult cryptocurrencies across market

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This Week in Cryptocurrency: October 5, 2018

This week in crypto: Shapeshift faces off with the WSJ, Coinbase joins the multi-billion dollar club, and Bill Clinton is relevant once again. Read on here. The post This Week in Cryptocurrency: October 5, 2018 appeared first on CoinCentral.

2018-10-5 18:05
week october 2018 cryptocurrency again relevant once

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‘Wildly Inaccuate’: ShapeShift CEO Denounces Wall Street Journal Money Laundering Claims

Cryptocurrency exchange platform ShapeShift formally hit back at what it called an “attack” on its business by the Wall Street Journal, which accused the platform of being involved in money laundering.

2018-10-5 20:00
money laundering shapeshift journal street wall ceo

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ShapeShift Refutes the Wall Street Journal’s Claims of Money Laundering

In a blog post published October 1, 2018, cryptocurrency exchange service ShapeShift refuted a recent Wall Street Journal report claiming that approximately $9 million illegally obtained funds went through the exchange.

2018-10-4 01:00	XMR
claims shapeshift voorhees cryptocurrency exchange ceo money

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ShapeShift CEO Rebuts WSJ’s Bitcoin Bash — Crypto Community In Turmoil

WSJ Bashes Crypto, Specifically ShapeShift, For Enabling Money Launders As per a previous Ethereum World News article, the cryptocurrency community fell under fire on Friday, as two reporters and journalists from the Wall Street Journal, one of the most ‘well-respected’ media outlets in the entire world, bashed crypto assets and the platforms backing it for reportedly […] The post ShapeShift CEO Rebuts WSJ’s Bitcoin Bash — Crypto Community In Turmoil appeared first on Ethereum World News.

2018-10-3 05:14
crypto world shapeshift wsj community ethereum turmoil

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Shapeshift CEO Responds to Wall Street Journal Laundering Claims

Reporters at the Wall Street Journal (WSJ) tied innovative ecosystem cryptocurrency exchange Shapeshift to money laundering. “How Dirty Money Disappears Into the Black Hole of Cryptocurrency,” was its published product from months of investigative journalism.

2018-10-3 22:55
laundering claims street wsj journal ceo wall

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Shapeshift CEO Schools the Wall Street Journal on Misleading Story

Even after gaining traction, cryptocurrencies are not fully understood by all. It could well be one of the reasons why mainstream publications have a hard time reporting topics related to digital currencies.

2018-10-2 09:56	Cryptocurrency
story shapeshift journal street wall cryptocurrency exchange

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Crypto Exchanges Used to Launder $89M, ShapeShift’s Anonymity Policy Attracts Criminals, WSJ Investigation Finds

A Wall Street Journal investigation suggests that criminals have used 46 cryptocurrency exchanges to launder fraudulently obtained funds.

2018-10-1 11:43	News
launder criminals investigation exchanges used suggests funds

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Wall Street Journal Reports $88.6 Million in Illicit Funds Funneled Through Crypto Exchanges

A new report from the Wall Street Journal found that $88. 6 million in illicit funds have been funneled through 46 documented cryptocurrency exchanges. $9 million of these funds is reported to have gone through Switzerland-based digital currency exchange ShapeShift.

2018-9-30 17:59	Cryptocurrency News
funds through million street exchanges funneled journal

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The Daily: Fiat vs Crypto Laundering, Bitcoin Anniversary Cash-Ins

Welcome to another weekend filled with tales of cryptocurrency intrigue. From shameless Bitcoin anniversary cash-ins to exaggerated claims of crypto money laundering, the Saturday edition of The Daily covers the good, the bad, and the greedy.

2018-9-29 15:05	shapeshift
bitcoin laundering cash-ins anniversary crypto daily money

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Shapeshift Accused Of Aiding Criminals to carry out Successful Money Laundering Operations

A Switzerland based cryptocurrency exchange which is one of the anonymous exchanges that handles Bitcoin trades, Shapeshift founded by Erik Voorhees in 2014 has been accused of aiding money laundering by Wall Street Journal investigation after the later found that $88.

2018-9-29 10:54	shapeshift
shapeshift aiding accused money laundering cryptocurrency exchanges

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Banks Launder $2.7 Billion Every Day, Crypto Exchanges $9 Million in Two Years

Earlier this month, Danske Bank, the biggest bank in Denmark, faced its largest scandal to date for laundering more than $230 billion. Despite the billions of dollars banks launder on a daily basis, critics are still focused on crypto exchanges.

2018-9-29 10:00	shapeshift
exchanges crypto billion launder banks bank two

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ShapeShift launches new cryptocurrency tracker (but it’s no CoinMarketCap)

In a blog posted yesterday, ShapeShift announced the relaunch of its cryptocurrency index, CoinCap. io. It’s built on entirely new code, but from a user perspective, it’s pretty much the same system as before – just a bit shinier.

2018-9-28 17:47	hard fork
price new cryptocurrency feature updates coincap shapeshift

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Crypto Exchange ShapeShift's CEO Says Move to Collect IDs Was 'Proactive'

Cryptocurrency exchange ShapeShift's decision to require user ID wasn't forced upon it but was a preemptive step to reduce legal risks, its CEO said.

2018-9-24 07:01
ceo exchange shapeshift preemptive upon step risks

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ShapeShift Chief Legal Officer Claims “Law is Trying to Catch Up” to Crypto in Interview

Cryptocurrency is changing every day and regulatory organizations are struggling to keep up. This has left some of the world’s largest cryptocurrency companies scrambling to comply with a myriad of uncertain regulations.

2018-9-21 19:31	News
crypto cryptocurrency officer legal chief regulations uncertain

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Changelly CEO Speaks on Monero Controversy and Shapeshift Ending Anonymity [Interview]

Bitcoinist spoke with the Ilya Bere, CEO of Changelly, an instant online cryptocurrency swap service, about its main competitor Shapeshift now requiring users to prove their identity, how his company is treading the current regulatory landscape, and where he sees cryptocurrency exchanges headed as a whole.

2018-9-16 19:00	shapeshift
service changelly shapeshift ceo swap cryptocurrency instant

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Abra App Launches Support for Bitcoin Cash Deposits and Withdrawals

Users of the cryptocurrency exchange and wallet app Abra can now make deposits and withdrawals to their accounts with bitcoin cash (BCH). Bill Barhydt, the founder and CEO of the company, also published a video chat with Bitcoin.

2018-9-14 23:45
bitcoin cash withdrawals app deposits abra ceo

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The Daily: Shapeshift Shuts Down Prism, Jamie Dimon Wants to Be President

In today’s edition of The Daily we cover stories about Shapeshift shutting down its decentralized portfolio platform Prism, the bitcoin-hating CEO of JP Morgan, Jamie Dimon, thinking he can be elected US President, an exchange expanding to 20 more states, and further censorship of bitcoin-related accounts on Chinese social media.

2018-9-13 13:10	WeChat
dimon jamie president daily prism shapeshift down

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ShapeShift to shut down cryptocurrency portfolio service Prism

Crypto exchanger company ShapeShift. io informed users today that its well-received crypto portfolio service launched last year Prism will be shutting down. A year and a half ago, ShapeShift released Prism in closed beta.

2018-9-12 20:11	shapeshift
shapeshift prism portfolio down service beta year

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Bitcoin Magazine’s Week in Review: Lightning, Launches and Broken Promises

A handful of projects brought their tech to life this week, introducing new payment systems and coins to the industry’s offerings. Meanwhile, Bitcoin’s Lightning Network makes headway for the dev community, and one of crypto’s older and more respected exchanges (arguably) takes a step against the space’s principles.

2018-9-11 17:57
bitcoin week stellar one lightning projects sachs

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ShapeShift’s Latest Membership Initiative Follows Regulator’s Threat, Says Lawyer

There was uproar in the cryptocurrency space yesterday when it was announced that the Bitcoin exchange ShapeShift is bringing in a new membership initiative, saying users are going to present a detailed personal data to have access to the exchange service.

2018-9-7 05:24	News
shapeshift exchange initiative membership personal data detailed

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Top 3 ShapeShift Alternatives Without KYC Requirements

Now that ShapeShift appears to be moving away from its model of “anonymous” cryptocurrency exchanging, users are starting to look for alternatives. There are still a fair few solutions out there which provide exactly that functionality.

2018-9-7 20:00	shapeshift
alternatives shapeshift without requirements kyc perceived overall

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ShapeShift Cryptocurrency Exchange Launches Membership Program, Set to Start Collecting Users’ Personal Data

ShapeShift, a global digital assets exchange headquartered in Switzerland has announced the launch of its membership program that would soon make it mandatory for users to submit their basic personal information, as stated in the firm’s news release on September 4, 2018.

2018-9-6 07:00	trading
shapeshift users personal exchange membership program cryptocurrency

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ShapeShift Will Now Require “Basic Personal Details” for New Membership Program

In a what appears to be a seismic shift in company ethos, digital assets platform ShapeShift has launched a new loyalty program called "ShapeShift Membership" which will require the exchange users to provide "basic personal details," according to a blog post published September 4, 2018.

2018-9-6 21:20	Privacy & security
shapeshift privacy exchange program voorhees membership require

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ShapeShift Ends Anonymity With Announcement of Mandatory KYC Data Collection

Instant cryptocurrency exchange ShapeShift. io has become the latest cryptocurrency entity to succumb to user data collection as part of a major overhaul to its services. CEO Voorhees: It ‘Sucks’ In a blog post on September 4, CEO Erik Voorhees stated that all ShapeShift users would ultimately face “mandatory” know-your-customer (KYC) requirements in order to exchange cryptocurrency.

2018-9-5 18:00	shapeshift
shapeshift collection voorhees cryptocurrency data kyc mandatory

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Four Alternatives to Shapeshift

The news that Shapeshift is to adopt a fully verified model, requiring KYC for anyone who wishes to swap cryptos, has sparked a wave of protests. Many users have vowed to take their business elsewhere.

2018-9-6 14:05
shapeshift alternatives four exchange several seeking elsewhere

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ShapeShift’s Memberships Are the End of an Era

ShapeShift, known for years for its no-questions asked instant transmissions has announced a new feature: mandatory memberships. The move isn’t immediate and they promise it will come with new features, but it is sure to disappoint many.

2018-9-5 12:19
shapeshift memberships new era revolution near sure

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Crypto Exchange ShapeShift Now Collects User Information for Its Membership Program

Cryptocurrency exchange ShapeShift has introduced a new rewards program. Currently, it is optional, but it will become mandatory in the near future and will require the provision of basic personal information.

2018-9-5 10:31
information program shapeshift exchange membership crypto user

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ShapeShift Cryptocurrency Exchange Announces Membership Loyalty Program

Cryptocurrency Exchanger ShapeShift rolls out its soon to be Required Membership Program TL;DR: ShapeShift membership will now officially operate and serve as a loyalty program for FOX token holders.

2018-9-5 07:47	News
membership program shapeshift cryptocurrency trading loyalty level

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ShapeShift Shifts Shape: Membership Becoming Mandatory

ShapeShift is living up to its name. The cryptocurrency swapping system best-known for being the ‘exchange without accounts’ is introducing… accounts. ShapeShift built its reputation on privacy and its USP is that you don’t need to sign up or hand over anything more than an email address to make a transaction.

2018-9-5 01:32	crypto exchanges
shapeshift shape shifts accounts membership mandatory becoming

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ShapeShift To Require Membership Amid Regulatory Concerns

ShapeShift is launching a new membership program that will become mandatory later this year, the company announced today on its website. The Switzerland-based cryptocurrency platform is ending its “exchange without accounts” policy that enables individuals to privately trade Bitcoins, Ethereum and other digital coins with anonymous counterparties located anywhere in the world.

2018-9-5 01:30	KYC
shapeshift membership concerns company new program amid

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What Is Vertpig?

Cryptocurrency enthusiasts favor convenient solutions when it comes to buying and selling their preferred coins. In the case of Vertpig, its business model is very different from what one would expect.

2018-8-25 18:00
vertpig shapeshift focuses similarities sharing expect despite

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ShapeShift.io and Ethos Integration to Bring Blockchain to Institutionalized Adoption

On August 10, Ethos. io, one of the leading blockchain ecosystems and digital wallets to support multiple currencies, announced a crucial partnership with ShapeShift. io, a blockchain service enabling users everywhere to securely swap their assets without third-party involvement.

2018-8-13 16:30	blockchain
blockchain ethos shapeshift integration announced august institutionalized

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Ethos Mobile Crypto Wallet and ShapeShift Partner To Enable Token Swaps

Mobile cryptocurrency storage and monitoring platform recently announced that it will integrate crypto exchanger ShapeShift. The integration of ShapeShift means that both retail and enterprise users of the Universal Wallet will soon have access to the liquidity and exchange services for dozens of cryptocurrencies and ERC-20 tokens.

2018-8-11 19:25	News
shapeshift wallet ethos cryptocurrency universal mobile crypto

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Shapeshift Acquires Bitfract to Simplify Cryptocurrency Portfolio Diversification

In an attempt to quicken and simplify the process of buying of cryptocurrencies, Shapeshift AG, the Swiss trading platform, announced its acquisition of Austin-based cryptocurrency converter company, Bitfract on August 7, 2018.

2018-8-10 18:30	transactions
simplify bitfract cryptocurrency shapeshift platform trading portfolio

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New Ethos cryptocurrency wallet integrates ShapeShift exchange tool

Ethos, a crypto wallet app provider and enterprise blockchain ecosystem has announced its new Universal Wallet will integrate crypto exchanger ShapeShift. This integration means that Ethos users and enterprise customers will have access to.

2018-8-10 09:32	shapeshift
ethos wallet shapeshift new enterprise crypto tool

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2019-1-9 13:04

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