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Worst quarter in 11 years as Bitcoin price and activity plunges
1.7.2022
Quarterly returns on Bitcoin haven’t been this bad since it was trading under $20 in the early days of Mt. Gox, but the stock market isn’t faring so hot either
Pokémon Go Studio Cancels Projects, Cuts More Than 80 Staff As It Struggles To Find Next Hit
29.6.2022
The mobile game company behind Pokémon Go, Niantic, is struggling to find its next big hit. And now, a new report claims the studio canceled multiple projects and laid off staff members in an effort to “streamline” operations.Read more
OKX to Increase Staff by 30% Despite Market Downturn
28.6.2022
“We are mostly focused on increasing our headcount in product and tech,” Lennix Lai, director of financial markets at OKX, said on CoinDesk TV’s “First Mover” program
Fintech Firm PolySign Raises $53M to Expand Staff
28.6.2022
The funding round follows the firm’s acquisition of fund administrator MG Stover in April
Australian Crypto Exchange Banxa Cuts 70 Staff
27.6.2022
The publicly traded crypto exchange said the "crypto winter" drove the decision to reduce headcount by about 30%
European Crypto Exchange Bitpanda Cuts Staff by Hundreds
24.6.2022
Bitpanda announced it is reducing its employee count to 730, down from about 1,000
Cuphead Director Didn’t Care About Delays, Only Staff’s Well-Being
18.6.2022
Maja Moldenhauer, the director at the studio behind Cuphead and its DLC, recently talked about how the company’s number one priority is making sure its employees are healthy and treated well. In fact, Moldenhauer explained that she didn’t even care about delays. Read more
Senators join chorus of disapproval of ‘backdoor regulation’ in SEC staff accounting bulletin
17.6.2022
Five Republican senators, including “Crypto Senator” Cynthia Lummis, have sent a letter to the SEC regarding its March bulletin that established broad new requirements for trading platforms
Coinbase Reduces the Size of the Firm’s Workforce by 18%
14.6.2022
Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The announcement follows the company’s original plans to slow the hiring process and the firm rescinding a number of employment offers. Coinbase ‘Grew...
Crypto exchange Coinbase slashes staff by 18% amid bear market
14.6.2022
After initially slowing down hiring, Coinbase announced plans to reduce its headcount by 18%, with the CEO citing a starting economic recession
Crypto Lending Company Blockfi Cuts Staff by 20%
13.6.2022
On Monday, the cryptocurrency lending company Blockfi announced that “market conditions” have had a “negative impact” on the firm’s business and it will be laying off “roughly 20%” of its staff. The message written by Blockfi co-founders Zac Prince...
Giant Bomb Staff Discuss Jeff Gerstmann Exit While He Starts New Podcast
7.6.2022
Today, both Giant Bomb staff and co-founder Jeff Gerstmann talked about his departure from the site he helped create 14 years ago. While he didn’t appear on the latest podcast from Giant Bomb to say goodbye, Gerstmann launched his own Patreon-supported video game podcast and video project....
Crypto.com gets nod in Dubai and FTX launches in Japan
3.6.2022
Crypto.com will have further requirements before its full license is granted in the “near-term” and FTX said the move would allow it to work “directly with Japanese regulators.”
Major crypto firms reportedly cut up to 10% of staff amid bear market
2.6.2022
Previous crypto bear markets triggered much bigger layoffs, with some firms like ConsenSys reportedly firing up to 60% of its workforce in 2018
Winklevoss-Led Gemini Cuts 10% Staff, Citing ‘Turbulent’ Crypto Market
2.6.2022
Crypto exchange and custodian Gemini said that it will cut about 10% of its employees, citing “turbulent market conditions that are likely to persist for some time.”
South Korean authorities reportedly probe staff behind Terra
30.5.2022
South Korean authorities are reportedly looking at the Terra crash to check for signs of intentional price manipulation and other issues
Latam Cryptocurrency Exchange Bitso Announces Layoffs Amidst Expansion to Colombia
28.5.2022
Bitso, one of the biggest cryptocurrency exchanges in Latam, has announced a series of layoffs due to the recent downturn in the cryptocurrency market. The exchange, which has a workforce of 800 workers, has decided to let go of more than 10% of its staff citing a change in the long-term strategy...
Argentinian Cryptocurrency Exchange Buenbit Announces Staff Layoffs
25.5.2022
Buenbit, an Argentinian cryptocurrency exchange, has announced a series of layoffs due to the downturn that traditional and crypto markets are currently facing. Buenbit’s co-founder and CEO, Federico Ogue, clarified that this move had nothing to do with the recent Terra ecosystem disaster...
Argentinian Crypto Exchange Buenbit Cuts 45% of Staff Due to Tech Industry Downturn
24.5.2022
The company will focus on its current operations in Argentina, Mexico and Peru, and freeze previous plans to expand into other countries
Crypto Exchange Coinbase Slows Hiring Amid Market Downturn
19.5.2022
Leading U.S. crypto exchange Coinbase is slowing hiring, citing the current down cycle in the market as a reason to rethink its staffing strategy. The company’s management believes the move will allow the trading platform to match its hiring needs with its business goals. Coinbase...