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GAO Criticizes SEC’s Handling of Crypto Accounting Bulletin, Calls for Clearer Rule
1.11.2023
The Government Accountability Office (GAO) has determined that the Securities and Exchange Commission (SEC) erred in its handling of “Staff Accounting Bulletin 121” (SAB 121) by failing to submit it to Congress as is required for official rules. In a report titled “Securities...
Destiny 2 Maker Bungie Latest PlayStation Studio To Cut Staff
30.10.2023
Bungie is the latest PlayStation studio to face layoffs. While the scale of the cuts wasn’t immediately apparent, multiple, now-former staff members began posting on social media on October 30 that they’d been let go by the beloved Destiny 2 maker. Read more
HTX's Justin Sun claims record profits despite staff cuts
26.10.2023
The blockchain personality claims that his exchange recorded a profit of $98 million in Q3 2023
Bankman-Fried Takes the Stand With a Great Focus on Relying on Counsel and Legal Advice
26.10.2023
The former FTX CEO Sam Bankman-Fried testified Thursday without jurors present. Bankman-Fried was questioned by his attorney, Mark Cohen, before the judge. He described FTX senior staff using encrypted messaging, discussed obtaining Alameda’s bank account, and talked about business operations with...
'He broke his word' — Ex-ConsenSys staff sue founder over employee equity deal
20.10.2023
ConsenSys founder Joseph Lubin has been named in a new lawsuit filed in New York by over two dozen former ConsenSys employees
SEC's Gensler on Bitcoin ETFs: Staff Working on Multiple Filings
19.10.2023
Securities and Exchange Commission (SEC) Chairman Gary Gensler remained tight-lipped as usual when asked about the state of spot Bitcoin ETF applications being handled by the agency on Wednesday.
In an interview with Bloomberg, Gensler declined to comment on the agency’s next steps after losing...
Dev platform Stack Overflow axes 28% of staff as AI competition grows
17.10.2023
The technology Q&A forum has seen declines in web traffic since the launch of ChatGPT in 2022
Secret Alameda recording reveals exact moment staff learned about FTX deposits
13.10.2023
A 75-minute recording, obtained by Cointelegraph, shows the exact moment former Alameda Research CEO Caroline Ellison told employees about their use of FTX customer deposits
Soliciting the Saudi Crown Prince and Buying Snapchat: Ex-Alameda Chief Reveals Covert Dealings in SBF’s Fraud Hearing
11.10.2023
FTX’s former CEO, Sam Bankman-Fried (SBF), allegedly guided staff to inappropriately utilize FTX client resources and hide financial vulnerabilities from various lenders, revealed former Alameda Research CEO Caroline Ellison during Wednesday’s hearing in SBF’s ongoing fraud case....
Chainalysis Lays Off More Staff in New Round of Crypto Job Cuts
7.10.2023
Blockchain forensics firm Chainalysis is shedding a chunk of its workforce, the second time it’s doing so within this year. The news comes in a difficult period for the whole industry which saw a number of such moves in 2023, against the backdrop of a persistent bear market and increased regulatory...
Nifty News: Yuga cuts staff, NFT trading volume on Mythos Chain surges and more...
7.10.2023
Yuga Labs CEO Daniel Alegre said the firm was stretching itself thin by taking on too many projects, and will now focus on its core aims with a smaller team
Ledger lays off 12% of staff, citing 'macroeconomic headwinds'
5.10.2023
The wallet manufacturing firm reportedly had roughly 734 employees at the time of publication, suggesting that roughly 88 people may have lost their jobs
Crypto Custody Firm Ledger Cuts 12% of Staff
5.10.2023
The company cited macroeconomic headwinds limiting the company's ability to drive revenue as a reason for the cuts
Blockchain Analytics Firm Chainalysis Cuts 15% of Staff
3.10.2023
This is the second round of layoffs by the analytics firm in less than 12 months
Chainalysis axes another 15% of staff citing difficult market conditions
3.10.2023
The Chainalysis workforce will be reduced by around 150 as the bear market bites deeper
Chia Network Lays Off Third of Its Staff as Loss of Banker Delayed Going Public
2.10.2023
Chia Network cut a third of its workforce today as the blockchain platform sought to reestablish a lost banking relationship, the company told CoinDesk, further delaying what Chia had hoped would be a rapid path to listing as a public company
Fortnite Developer Epic Games Lays Off 16% of Staff Following Metaverse-Inspired Transition
29.9.2023
The game's growth is now primarily driven by creator content, meaning lower revenue for Epic as the revenue is shared around more
Epic Games lays off 830 staff, citing ‘unrealistic’ metaverse ambitions
29.9.2023
“Spending way more than we earn” — CEO Tim Sweeney blamed job cuts on major structural changes to the company’s economics
GameStop's New Billionaire Boss Calls For 'Extreme Frugality' In Email To Staff
29.9.2023
After years of pulling the strings from behind the scenes, GameStop chairman and billionaire Chewy founder Ryan Cohen appointed himself CEO of the ailing video game store on Thursday. His first email to staff, obtained by Kotaku, called for “extreme frugality” and said “time wasters” would not...
JPEX staff flee event as scandal hits, Mt. Gox woes, Diners Club crypto: Asia Express
22.9.2023
JPEX staff forced to flee Token2049 after execs arrested, Mt Gox repayment delay stretches 10 years, Diners Club goes Web3 in Singapore