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


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 Exchange Gemini Axes 7% of Its Staff in Second Wave of Layoffs


Gemini, the cryptocurrency exchange owned by the Winklevoss twins, is laying off more staff. According to reports, the company is axing 7% of its current workforce, as it engages in significant cost-cutting policies. This is the second wave of layoffs at Gemini, after the company laid off 10%...

Activision Blizzard CEO To Get Even Bigger Bonuses While Others Get Laid Off


Activision Blizzard CEO Bobby Kotick routinely gets millions in stock bonuses every year based on how the company is doing. Now he’s set to get even more, for a total payout of nearly $200 million according to CtW Investment Group, a union pension fund advocacy organization. And it’s all thanks...

Crypto Employment Abounds With More Than 8,000 Jobs in 2020


During the last year, the cryptoconomy has picked up pace after a drawn out crypto winter. When market prices were low and startups were short on capital, a bunch of firms laid off employees in 2018. A year later, and digital currency companies are hiring. Also read: Regulatory Roundup: EU-Wide...

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