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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Kraken laying off 30% of global workforce

Kraken, one of the biggest crypto exchanges in the world, will let go of around 1,100 employees, or 30% of its workforce, "in order to adapt to current market conditions." дальше »

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FTX Resumes Payments to Employees And Contractors Pending Bankruptcy Hearings

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South Korea Exchange Bans Families of Staff From Trading Crypto 

Dunamu, the company that runs Upbit, has extended trading prohibitions to the relatives of its executives and employees. The post South Korea Exchange Bans Families of Staff From Trading Crypto  appeared first on BeInCrypto. дальше »

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Crypto Exchange Lemon Cash Lets Go of 38% of Staff to Survive Crypto Winter

Lemon Cash had to lay off around 100 employees, which consists of 38% of the company's staff, to survive crypto winter. The post Crypto Exchange Lemon Cash Lets Go of 38% of Staff to Survive Crypto Winter appeared first on BeInCrypto. дальше »

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Elon Musk Makes Fun of SBF's Letter to His Employees

SpaceX and Twitter CEO is not buying SBF's redemption letter дальше »

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SBF Letter to Staff: ‘Maybe Still a Chance to Save FTX’

Former FTX CEO Sam Bankman-Fried (SBF) recently sent a letter to company employees. In addition to the usual string of apologies, he said that there might be a chance to save the company. The post SBF Letter to Staff: ‘Maybe Still a Chance to Save FTX’ appeared first on BeInCrypto. дальше »

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Bankman-Fried Apologizes to FTX Employees, Details Amount of Leverage in Internal Letter

Former FTX CEO Bankman-Fried did not address concerns about customer funds being misappropriated or other recent revelations about the company. дальше »

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Binance Sees Potential in India Workers Despite Doubts Over Market Development

Binance sees India as a source for a new generation of employees, despite its doubts about business developments in the country. The post Binance Sees Potential in India Workers Despite Doubts Over Market Development appeared first on BeInCrypto. дальше »

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Twitter Saga: Elon Musk Remains Determined on Twitter 2.0 as Employees Jump Ship

Twitter: When Elon Musk took over at Twitter, there was cautious excitement. The maverick billionaire can be equally as disruptive as he is an inspiration. Spontaneous decision-making had already become part of his public identity at both Tesla and SpaceX. дальше »

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Metaplex Layoff Staff as Solana Ecosystem Suffers Indirectly From FTX Fallout

The FTX contagion had devastating effects on the Solana ecosystem. The Metaplex employees join the list of those directly affected by the FTX Fallout. The post Metaplex Layoff Staff as Solana Ecosystem Suffers Indirectly From FTX Fallout appeared first on BeInCrypto. дальше »

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Solana’s Metaplex slashes workforce

Metaplex is the latest company to be affected by FTX's contagion as it laid of several employees. However, the protocol claims to have no direct exposure to the bankrupt crypto exchange. дальше »

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Sui Network, a New Blockchain From Ex-Meta Employees, Launches Its Testnet

The competitor to the Aptos blockchain said that developers can continue to use its devnet. дальше »

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FTX Employees Were Encouraged to Keep Life Savings in the Now-Bankrupt Exchange, Sources Say

Sources told CoinDesk that FTX was used as a bank by many of its employees. Now, their money is probably gone. дальше »

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Meta Cuts Workforce Amid Its Metaverse’s Losing Streak

Employees at sprawling American multinational technology conglomerate Meta face uncertainty amid a broad restructuring plan that includes significant layoffs. In a Wednesday letter to employees, Mark Zuckerberg stated that they had decided to slash the company’s workforce by about 13% following an unexpected turnaround in the company’s revenues. дальше »

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'Just' 4% - How significant in number are crypto-layoffs these days

Layoffs in the cryptocurrency sector account for just 4% of the total layoffs in the technology sector this year. According to CoinGecko, the crypto-sector laid off 4,695 employees, as of 13 NovembThe post 'Just' 4% - How significant in number are crypto-layoffs these days appeared first on AMBCrypto. дальше »

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Bybit reportedly offering relief funds to impacted FTX employees

Bybit hopes to rescue FTX by offering relief funds to cater for the employees affected. дальше »

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FTX Employees Worldwide Learned of Bankruptcy Along With the Public

Staff from FTX Japan and other subsidiaries found out about the insolvency filing on Twitter, CoinDesk was told. дальше »

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Ripple Top Exec Makes Surprising Offer To FTX Employees As Exchange Files For Bankruptcy

The offer comes as FTX files for Chapter 11 bankruptcy protections. Bankman-Fried has also resigned, entering the fifth day of the crypto exchange’s catastrophic meltdown due to a liquidity crunch. дальше »

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Tech Workers Still in Demand Despite Mass Layoffs, Says Ripple CTO

With the collapse of Sam Bankman-Fried’s FTX exchange, many of his skilled employees will likely have to seek new employment. Fortunately for them, the chief technology officer at Ripple Labs hinted that they may not have to look far. дальше »

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FTX customers attempt roundabout ways to withdraw their funds in Bahamas

From buying Bahamas-based NFTs to offering bounties to FTX employees, users with balances stuck in FTX are trying whatever they can to withdraw their money. дальше »

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Ripple can hire “clean” Ex-FTX employees

Ripple's CTO in a tweet today opened arms to employing Ex-FTX employees who were clean of the saga. The CTO further stated that Ripple could have bought FTX had it been in possession of the funds. дальше »

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Coinbase Global steps back, lays off more staff

Coinbase released several employees in its onboarding teams on Friday, says it is a considerable loss. дальше »

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Ripple Executive Makes Unexpected Offer to FTX Employees: Details

Ripple executive sees opportunity in FTX crash as company actively evolves дальше »

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Bankman-Fried’s Cabal of Roommates in the Bahamas Ran His Crypto Empire – and Dated. Other Employees Have Lots of Questions

“The whole operation was run by a gang of kids in the Bahamas,” a person familiar with the matter told CoinDesk on the condition of anonymity. дальше »

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CZ urges employees not to trade FTT

Binance CEO warns employees about trading FTT as FTX goes through a liquidity crunch and probable bankruptcy. Binance balks at its FTX buyout attempt Earlier yesterday, Wednesday, Binance CEO Changpeng Zhao posted a note sent to Binance Team Members on… дальше »

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Elon Musk Strict Return to Office Policy Hits Twitter

Twitter owner Elon Musk said in his first email to employees that he expects them to return to the office. The post Elon Musk Strict Return to Office Policy Hits Twitter appeared first on BeInCrypto. дальше »

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FTX CEO’s leaked messages give insight into CEX’s death spiral

This week has seen a significant decline in the fortunes of Sam Bankman-Fried, the founder and CEO of FTX, a CEX. He sent messages to his employees on Tuesday detailing his mis-steps. дальше »

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Changpeng Zhao: FTX crisis is not a victory for Binance

The head of Binance, Changpeng Zhao, published a letter to the employees of the bitcoin exchange, in which he commented on the FTX crisis and urged them to refrain from trading utility tokens of FTT’s competitor. дальше »

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Mark Zuckerberg’s Meta to fire 11,000 employees

One of the most extensive layoffs in the US this year, Meta announced it would lay off more than 11,000 people or 13% of its entire staff. The letter from Mark Zuckerberg to the Meta staff Zuckerberg stated that he… дальше »

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Binance's CZ Unveils 5 Points about FTX Situation, Here's What He Said

Binance CEO reveals intriguing details of FTX deal in letter to employees дальше »

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Mark Zuckerberg’s Meta Lays Off 11,000 Employees

Facebook’s parent company Meta has announced today that the firm is cutting down 11,000 workers, in what could be the biggest layoff in the US this year. Meta Fires 11,000 Employees, Zuckerberg Describes Change As “Most Difficult” In Company History Last week, reports surfaced that the megacompany Meta is planning to sack a large number […] дальше »

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Meta Prepares Large-Scale Layoffs as Metaverse Interest Cools Off

Facebook parent company Meta is planning to shed a large portion lot of staff beginning this week. It's the latest tech giant to lay off employees, following Twitter last week. The post Meta Prepares Large-Scale Layoffs as Metaverse Interest Cools Off appeared first on BeInCrypto. дальше »

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Meta reportedly plans ‘large-scale layoffs,’ but what of its metaverse division?

As of the end of September, Meta had more than 87,000 employees — a large proportion of which is said to work in the Reality Labs division. дальше »

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Web3 Gaming Studio Mythical Games Lays Off 10% of Its Employees

Earlier this week, three top executives departed the developer of play-to-earn video games. дальше »

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What Do Elon Musk Twitter Layoffs Mean for Censorship

Tesla CEO Elon Musk started laying off Twitter employees responsible for content moderation on Nov. 4, 2022. The post What Do Elon Musk Twitter Layoffs Mean for Censorship appeared first on BeInCrypto. дальше »

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Elon Musk faces class-action suit over mass Twitter layoffs

Elon Musk previously won a similar class-action lawsuit brought by Tesla employees, calling the case “trivial.”

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Stripe lays off 14% of workforce to cut costs amid economic downturn

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. дальше »

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Dapper Labs Lays-off Employees as NFT and Crypto Market Tumble

After past reports that Dapper Labs was silently cutting down its staff, the network just today sent a public letter to employees announcing the reduction of its workforce by 22%. Dapper Labs cited the company’s health as the main driver… дальше »

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