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Indian crypto exchanges CoinSwitch, CoinDCX cut staff amid market slump
29.8.2023
Indian crypto exchanges like CoinSwitch and CoinDCX have been struggling to maintain headcount amid bear market and TDS
Indian Crypto Exchange CoinDCX Lays Off 12% of Staff Citing Prolonged Bear Market and TDS
22.8.2023
Indian Crypto exchange CoinDCX, backed by Coinbase Ventures, fired 12% of its workforce on Tuesday, citing ongoing macroeconomic conditions and the TDS on crypto transactions.
The company clarified that it is the first time CoinDCX is laying off employees. Earlier in Jan, it announced an internal...
CoinDesk to lay off part of editorial staff in preparation for sale of stake: Report
14.8.2023
Estimates of staffers facing the axe range from 45% (20 people) to 16%. A company-wide meeting is reportedly scheduled for Aug. 14
KuCoin denies mass layoffs, says cuts are part of 'normal' operations
26.7.2023
KuCoin has shut down rumors that it would be laying off 30% of its workforce but admitted there may be some "personnel adjustments" in the future
SEC Says XRP Ruling in Ripple Case ‘Wrongly Decided’ — Signals Appeal
23.7.2023
The U.S. Securities and Exchange Commission (SEC) has told a federal court that some portions of the Ripple ruling regarding XRP “were wrongly decided.” The regulator has asked the court to ignore parts of the ruling, noting that “SEC staff is considering the various available...
Multichain saga screws users, Binance fires 1,000 staff: Asia Express
18.7.2023
The Multichain saga includes secret arrests, a suspicious exploit, and one man allegedly in control of $1.5B. Plus, Binance fires staff
Dapper Labs makes 3rd round of cuts in 9 months amid NFT slump
13.7.2023
NFT collectibles company Dapper Labs has said goodbye to another 51 employees only months after a 20% staff reduction in February
Over 8,500 People, The Population Of A Small Town, Worked On Diablo IV
12.7.2023
Diablo IV is a big video game jam-packed with hundreds of hours’ worth of gameplay. Making a game this big isn’t easy, and takes a lot of people. In fact, according to the credits, over 8,500 people worked on Blizzard’s massive sequel. Read more
BlackRock bullish on Bitcoin, Gemini CEO’s ‘delusion,’ and CEXs’ unhappy staff: Hodler’s Digest, July 2-8
8.7.2023
BlackRock’s PR campaign for a Bitcoin ETF, Gemini’s fight with DCG over Earn program funds, and CEX employees’ sentiment
South Korean Regulator Will Force Staff to Declare Crypto – Will Other Countries Follow Suit?
8.7.2023
The top South Korean financial regulator will force its employees to declare their crypto holdings in the aftermath of the “Coin Gate” scandal.
Lawmakers in the nation have come under fire for suspected insider trading, with one MP accused of selling his tokens in advance of the rollout of a...
Binance, Coinbase and Gemini staff are among the least happy, data suggests
6.7.2023
Crypto exchange Binance said its “hardcore” work culture could explain some of the results, while recruiters warn the data should be taken with a grain of salt
Former SEC Official Defends Chair Gensler — Urges Crypto Community to Quit Personal Attacks, Focus on Facts
2.7.2023
The U.S. Securities and Exchange Commission (SEC)’s former head of internet enforcement has defended SEC Chairman Gary Gensler’s approach to regulating the crypto industry. “It’s time to attack the facts and law on SEC positions and quit the personal attacks on the...
FTX Co-Founder SBF and Inner Circle Accused of Lavish Spending and Fraud in Latest Bankruptcy Report
28.6.2023
On Monday, FTX released a second investigative report accusing co-founder Sam Bankman-Fried and senior executives of commingling customer deposits and corporate funds and misusing them. The report alleges that they spent $243 million on luxury residential real estate for senior staff and family...
Robinhood to axe 7% of full-time staff in latest round of layoffs: Report
27.6.2023
Roughly 150 full-time employees are being laid off, according to internal company messages
German newspaper giant to axe old-school editorial staff for AI
21.6.2023
Artificial intelligence will soon make its appearance in one of Europe’s best-selling tabloid newspapers
Crypto Exchange Okx Gets MVP Preparatory License From Dubai Regulator
16.6.2023
Crypto exchange platform Okx Global has been granted the minimal viable product (MVP) preparatory license by the Dubai regulator, the Virtual Assets Regulatory Authority (VARA). The latest VARA license has been granted almost a year after Okx received the “provisional virtual assets...
Binance.US Cuts Staff After SEC Suit, Citing ‘Very Costly Litigation Process’
15.6.2023
Binance cuts staff
Crypto Exchange OKX Wins Preparatory License in Dubai, Set to Boost Staff
15.6.2023
Once the so-called MVP license becomes operational, OKX Middle East will offer spot, derivatives, and fiat services, including U.S. dollar and UAE dirham deposits and withdrawals
Crypto Tax Software Firm Taxbit Lays Off Almost 40% of Its Staff
12.6.2023
Taxbit – a software company that assists cryptocurrency holders with tax compliance issues – has cut nearly half of its staff in an effort to re-expand in the U.K. and EU, the company told employees on Thursday. ...
Read More: Crypto Tax Software Firm Taxbit Lays Off Almost 40% of Its Staff
Cardano Developer IOG Restructures to Venture Studio Model, Lays Off Some Staff
12.6.2023
The blockchain research and engineering company has cut jobs as it pivots to a smaller venture studio business model