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OpenAI mulls restructuring
27.12.2024
The ChatGPT maker is considering turning its for-profit arm into a Delaware Public Benefit Corporation amid ongoing criticism of its legal structure
OpenAI mulls restructuring
27.12.2024
The ChatGPT maker is considering turning its for-profit arm into a Delaware Public Benefit Corporation amid ongoing criticism of its legal structure
OpenAI mulls restructuring
27.12.2024
The ChatGPT maker is considering turning its for-profit arm into a Delaware Public Benefit Corporation amid ongoing criticism of its legal structure
WazirX Restructuring: Zettai’s Scheme of Arrangement Offers Hope
10.12.2024
Zettai Pte Ltd, a Singapore-based company that operates WazirX, has filed an application with the Singapore High Court…
Bitcoin miner Foundry lays off staff amid restructuring
3.12.2024
Foundry let go of 16% of US staff as part of a broader restructuring that includes spinning out its self-mining business
Sky Mavis lays off 21% of workforce, plans new Axie Infinity game
25.11.2024
Sky Mavis co-founder and CEO Trung Nguyen said resources freed up from the layoffs will be used in a new Axie Infinity game and other projects.
WazirX Announces Rebalancing Calculator Amid Restructuring Efforts
5.11.2024
WazirX, the Indian crypto exchange platform, had been hacked in July 2024, which resulted in a loss of…
Kraken restructures with new co-CEO, layoffs reported
30.10.2024
Kraken hinted that its managerial structure would be reformed, without explaining the details
Consensys to cut workforce by 20% — CEO outlines decentralization plans
29.10.2024
Consensys CEO Joe Lubin confirmed that the firm’s restructuring plan will impact 162 permanent employees
JPMorgan CEO Jamie Dimon Warns of ‘Treacherous’ Global Tensions — and It’s Getting Worse
13.10.2024
JPMorgan Chase CEO Jamie Dimon sounded the alarm on mounting global instability, warning it could spark far-reaching economic disruptions. The executive stressed the toll of geopolitical tensions and the looming risks of fiscal deficits and remilitarization. With uncertainty escalating, Dimon urged...
OpenAI’s move to for-profit: Is it indeed ‘illegal’?
27.9.2024
OpenAI’s potential transformation into a for-profit corporation is not impossible, but it will likely not be an easy process
Telegram Wallet temporarily blocked for UK users due to restructuring
25.9.2024
Telegram users in the United States are also restricted from using the platform's in-app wallet due to financial regulations
Wallet in Telegram app temporarily blocked for UK users due to restructuring
25.9.2024
Telegram users in the United States are also restricted from using the Wallet in Telegram app due to financial regulations
WazirX Creditors To Get 100% Claims Post Restructuring, Here’s How
16.9.2024
On Monday, September 16, WazirX, a popular Indian crypto exchange, organized the second townhall meeting to address creditor…
Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay
4.9.2024
Indian crypto exchange Wazirx has accelerated Phase 2 of INR withdrawals after a cyberattack on July 18. Initially scheduled for Sept. 9, eligible users can now withdraw up to 66% of their INR balances. However, crypto trading on the platform will not resume for another six months. Wazirx Expedites...
Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift
3.9.2024
Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made to align with evolving market demands and internal strategy shifts, was difficult but necessary, according to the CEO Alex Gluchowski. Departing employees will receive...
Matter Labs CEO announces company restructuring, layoffs
3.9.2024
Matter Labs is the creator of the Ethereum layer-2 scaling solution ZKsync
Matter Labs CEO announces company restructuring, layoffs
3.9.2024
Matter Labs is the creator of the Ethereum layer-2 scaling solution ZKsync
Wazirx Files for Moratorium in Singapore Court to Address Users’ Crypto Balances
28.8.2024
Indian crypto exchange Wazirx has announced that a moratorium has been filed in Singapore’s High Court under the Insolvency, Restructuring and Dissolution Act to address users’ crypto balances. The move aims to provide a 30-day relief period for Wazirx to reorganize liabilities through...
WazirX slams external forces for delaying restructuring efforts
25.8.2024
This restructuring plan is expected to provide greater clarity on the steps WazirX will take to stabilize its operations and protect its users’ interests