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Crypto Exchange Gemini Axes 7% of Its Staff in Second Wave of Layoffs
20.7.2022
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%...
Israeli Crypto Company Etoro Lays Off 100 Workers, SPAC Deal Terminated, Company Eyes Private Raise
6.7.2022
The digital currency firm Etoro has revealed it is laying off 100 workers or roughly 6% of the company’s workforce. Furthermore, Etoro disclosed that the company is terminating the special purpose acquisition company (SPAC) merger planned with Fintech Acquisition Corp. Etoro says the company...
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
Huobi Global Could Cut Over 30% Workforce as China Crackdown Leads to Fall in Revenue
28.6.2022
Cryptocurrency exchange Huobi could cut more than 30% of its workforce after having to remove Chinese users from the platform
Crypto Exchange Bitget Plans to Double Workforce as Peers Cut Back in Bear Market
23.6.2022
Unlike exchanges like Coinbase and Gemini, the derivatives platform plans to increase its staff
Bybit to Reduce Workforce as Crypto Slump Drives Cost-Cutting Measures
20.6.2022
Cryptocurrency exchange Bybit is to cut its workforce by as much as 30% in response to its business not growing at the same rate as its headcount, according to a report
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...
Polygon taps Airbnb’s director of HR to spearhead its decentralized workforce
9.6.2022
Cointelegraph spoke to Polygon’s newly appointed global head of HR, Bhumika Srivastava, to learn more about her Web2-to-Web3 transition and philosophy for decentralized cultures, among other things
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...
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...
Robinhood Cuts 9% of Workforce as ‘Hyper Growth’ Slows
26.4.2022
CEO Vlad Tenev said the platform’s rapid growth in 2020 and 2021 led to duplication of roles and functions
Coinbase Plans to Increase its Workforce by Around 70% This Year
15.2.2022
Major US-based crypto exchange Coinbase said it plans to hire up to 2,000 employees this year, increasing its total workforce by around 70%.
The firm aims to grow its Product, Engineering, and Design teams, according to L.J Brock, Chief People Officer of the company. Coinbase says it had over...
Blockchain.com Acquires Latin American Crypto Investment Platform Sesocio
2.12.2021
On November 30, the crypto firm Blockchain.com announced it acquired the Argentina-based investment platform Sesocio. According to the firm, the acquisition will give the company’s global workforce an aggregate headcount of 400 Blockchain.com employees worldwide. Blockchain.com’s...
How the crypto workforce changed in the pandemic
10.9.2021
Crypto businesses struggling to fill job openings amid industry expansion
25.6.2021
Crypto firms pursuing global expansion agendas are having to compete to attract the limited number of top talent to fill job positions
Specialized workforce needed as crypto and blockchain courses enter colleges
3.6.2021
Some universities and colleges are offering blockchain and crypto courses as the job market heats up, but will students be enticed to take them?
Ideaology Announces IEO Collaboration and Subsequent Listing of IDEA Token with Bitcoin.com Exchange
4.1.2021
PRESS RELEASE. Ideaology, the blockchain-oriented company building a digital ecosystem by energizing the market and utilizing the world’s global workforce announces today an agreement with Bitcoin.com Exchange for a public sale and the subsequent listing of the Ideaology Token (IDEA)...
Blockchain Platform We.Trade Reportedly Slashes Workforce by Half
18.6.2020
The blockchain trade finance platform backed by major banks reportedly laid off almost half of its workforce due to a lack of funding
Consensys Cuts Hundreds of Jobs This Year – About 25% of Its Staff Slashed
22.4.2020
Ethereum-based company Consensys has cut hundreds of jobs since January. In its latest action, the US-based blockchain development team confirmed it will slash more than 90 jobs – or 14% of its workforce – citing the global impact of Covid-19. The decision comes after a virtual town...
Remote Working Proves Unexpected Hero as Half of US Economy Shifts to Home Offices
31.3.2020
To those who believe in a digital future in which decentralization makes systems more resilient, the coronavirus crisis has expedited the inevitable