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Bitpanda announces layoffs citing no compromise on product quality
25.6.2022
Witnessing the crypto crashes over the past several weeks from a front-row seat, Bitpanda made the “tough decision” of cutting down its employee headcount to roughly 730 people
Let’s Put EA CEO’s $20 Million Payout In Context
17.6.2022
The CEO of Madden maker Electronic Arts is set to rake in $19.8 million in total compensation for his company’s strong performance in 2021. That’s about half of what it was for 2020 after EA’s Board of Directors cracked down on exorbitant bonuses in the face of shareholder backlash, but still...
Sweeping layoffs, hiring, and firing as crypto prices take a massive downturn
17.6.2022
Brutal economic conditions coupled with dramatically falling crypto prices have led to massive layoffs within the blockchain industry
Coinbase Layoffs Include 8% of India Team
15.6.2022
The company yesterday said it was letting go 1,100 employees, or 18% of its global workforce
Coinbase Reduces the Size of the Firm’s Workforce by 18%
14.6.2022
Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The announcement follows the company’s original plans to slow the hiring process and the firm rescinding a number of employment offers. Coinbase ‘Grew...
First Mover Americas: Coinbase Layoffs and the 'Bear Market Guide' to Bitcoin
14.6.2022
The latest price moves in bitcoin ($BTC) and crypto markets in context, for June 13, 2022
Argentinian Cryptocurrency Exchange Buenbit Launches Stablecoin Yield Instruments
14.6.2022
Buenbit, one of the leading Argentinian cryptocurrency exchanges, announced the inclusion of two stablecoins in its current yield program. The company will allow its customers to earn yields of up to 11% annually on their USDC and USDT funds, with the earnings being deposited in customers’...
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...
Goldman Sachs Launches New Ethereum Derivative, Layoffs at Crypto.com, Binance vs. Private Litecoin + More News
13.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Goldman Sachs Launches New Ethereum Derivative, Layoffs at Crypto.com, Binance vs. Private Litecoin + More News
The Intellivision Amico Is In Big Trouble
9.6.2022
The last we saw of Intellivision’s Amico console, it was trying to sell some NFTs and was being described as a “car crash” of a device. If you thought that meant things couldn’t get any worse for the beleaguered device, though, you have not been paying attention to its development.Read more
FTX will not freeze hiring amid layoffs at other crypto firms, CEO states
7.6.2022
FTX CEO Sam Bankman-Fried explained that the exchange will continue to “keep growing” during the bear market
Bitso Partners With Addem Capital to Provide Cryptocurrency Investment Instruments in Latam
7.6.2022
Bitso, the Mexico-based cryptocurrency exchange, has announced a new partnership with Addem Capital, a debt fund that provides startups and other companies with financing options. The cryptocurrency exchange will process payments for the fund and provide conversion functions, allowing it to accept...
2TM Group, Parent Company of Mercado Bitcoin, Lays off 90 Workers Amid Market Cool Down
5.6.2022
2TM Group, a Latam unicorn and parent company of Mercado Bitcoin, a Latam-based cryptocurrency exchange, has announced it will execute a series of layoffs due to the current market cooldown. The company declared that this action was motivated by the recent global financial scenario changes, making...
Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms
4.6.2022
As digital currency prices have slid significantly in value during the past few months, the bear market cycle is starting to take its toll on the crypto industry’s workforce. On June 2, Gemini’s co-founders the Winklevoss brothers revealed the company would lay off 10% of...
Are Exchange Layoffs the First Sign of Crypto Winter, or Is It Already Over?
3.6.2022
Coinbase, Gemini and other crypto exchanges are laying off employees. But the cutbacks have not been as deep as previous market downturns, so far
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.”
Another Bitcoin Mining Scrutiny, Layoffs at Crypto Exchanges, Binance in Canada + More News
2.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Another Bitcoin Mining Scrutiny, Layoffs at Crypto Exchanges, Binance in Canada + More News
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...
Cursed Mafia III Studio Hangar 13 Hit With New Round Of Layoffs
26.5.2022
Hangar 13 can’t catch a break. The studio behind Mafia III, which suffered multiple rounds of layoffs in the years that followed its 2016 launch, is once again on the chopping block. Kotaku has learned that in addition to a steady stream of departures, developers across the studio’s three global...
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...