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Bitcoin Mining Difficulty Cuts the Drop Streak

4.8.2022
After a nearly two-month-long drop streak, Bitcoin (BTC) mining just got a bit more difficult. Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, went up 1.74% today, going from 27.69 T to 28.17 T. The rise follows three consecutive drops, a streak that...

CoinFLEX announces staff cuts as part of measures to reduce costs by up to 60%

29.7.2022
“The intention is to remain right-sized for any entity considering a potential acquisition of or partnership opportunity with CoinFLEX,” said the exchange

Rate Hike at Fed's July Meeting Provides a Credibility Test, With Cuts Already on Horizon

26.7.2022
Fed preview

Compass Mining to add 25,000 ASIC miners just weeks after staff cuts

22.7.2022
The Bitcoin mining company plans to expand its fleet of mining devices comes on the back of staff lay-offs and executive salary cuts just weeks before

Report: Blockchain.com Cuts Staff by 25%, Executive Salaries Reduced

21.7.2022
According to a recent report, Blockchain.com has laid off a quarter of the company’s staff and it has closed the crypto company’s Argentina-based offices as well. The layoffs follow the report that noted Blockchain.com lost $270 million due to exposure to Three Arrows Capital (3AC)....

Crypto Layoffs: OpenSea, Blockchain.com, Coinbase, Gemini Among Firms Forced to Make Mass Job Cuts

21.7.2022
As a bear market sweeps the crypto industry, CoinDesk is keeping a running list of industry players that have been forced to cut back on staff

Blockchain.com Cuts 25% Workforce Amid Crypto Bear Market

21.7.2022
Cryptocurrency exchange Blockchain.com is cutting 25% of its workforce, equating to about 150 people

Life after crypto biz: Retrenched staff ponder future in the job market

20.7.2022
Workers weigh up their futures in the cryptocurrency economy as tough market conditions lead to more staff cuts at prominent firms

Gemini cuts more staff as many crypto prices increase: Report

18.7.2022
A source close to the crypto exchange reportedly said there were 68 fewer employees on the company’s Slack channel as of Monday, suggesting Gemini had cut roughly 7% of its staff

Opensea Cuts 20% of the NFT Market’s Staff, Citing ‘Crypto Winter’ and ‘Macroeconomic Instability’

15.7.2022
The largest non-fungible token (NFT) marketplace by trade volume, Opensea, has announced the company has let 20% of its staff go after CEO Devin Finzer said the layoffs were due to a combination of “crypto winter and broad macroeconomic instability.” Opensea’s decision follows...

React Hooks: The Deep Cuts

13.7.2022
Hooks are reusable functions. They allow you to use state and other features (e.g. lifecycle methods and so on) without writing a class. Hook functions let us “hook into” the React state lifecycle using functional components, allowing us to manipulate … React Hooks: The Deep Cuts originally...

Compass Mining retrenches 15% of staff, execs to take major pay-cuts

8.7.2022
Compass Mining parts ways with 15% of its workforce while senior employees and executives take major pay-cuts in the wake of the cryptocurrency downturn

Compass Mining Cuts 15% of Staff, Lowers Executive Compensation

7.7.2022
Compass Mining is reassessing its priorities after growing too quickly, the company said in a statement

Crypto Exchange Bullish.com Reportedly Cuts About 10% of Workforce

5.7.2022
The company last week extended the deadline to complete its SPAC merger until the end of 2022

Crypto Chaos Continues as Loans Firm Cuts Withdrawal Limit, 3AC Moves Funds, & Celsius Apparently Pays Maker

5.7.2022
Crypto turmoil continues to deepen in the bear market, with more Celsius-related developments, another crypto loans firm introducing restrictions, and more activity from Three Arrows Capital (3AC) – which appears to have moved some of its funds. Celsius, which operates the celsius (CEL) token...