Search
Dapper Labs makes 3rd round of cuts in 9 months amid NFT slump
13.7.2023
NFT collectibles company Dapper Labs has said goodbye to another 51 employees only months after a 20% staff reduction in February
Binance CEO Changpeng Zhao Reveals His Secret for Building ‘Tight Teams’: External Pressure
12.7.2023
Changpeng Zhao, CEO of Binance, the largest cryptocurrency exchange in volume traded, has revealed his secret for building a comprehensive team of employees for any startup. According to Zhao, external pressure has contributed to the unity of the team behind the exchange, and it also makes...
Rise in Salaries Paid in Bitcoin as Employees Opt for Crypto Amid Economic Uncertainty
30.6.2023
Human Resources industry executives have noted that employees are willing to receive their salaries in Bitcoin (BTC), given the current hyperinflation and political conundrum in many regions worldwide.
Recent bank failures and volatility among fiat money are shifting people to opt for stablecoins...
Niantic Lays Off 230 Employees, Moves Away From In-House Development
29.6.2023
Niantic is shuttering its Los Angeles studio and is moving away from in-house game development. As such, the Pokémon Go studio is laying off 230 employees, shuttering NBA All-World and cancelling its upcoming Marvel: World of Heroes.Read more
Bitcoin salary: Employees choose crypto paychecks amid economic instability
29.6.2023
Volatility among some fiat currencies has made stablecoins like USDC a more attractive option for payroll, according to HR executives
Today in Crypto: Cathie Wood’s ARK Says It's 'First in Line' to Get Spot-BTC ETF Approval, EVM Sidechain for XRP Ledger Available on Devnet v2, Robinhood to Lay Off 7% of Full-time Employees
27.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Cathie Wood’s ARK Says It's 'First in Line' to Get Spot-BTC ETF Approval, EVM Sidechain for XRP Ledger...
Crypto Yield Firm Haru Invest Sacks 100+ Employees Following Withdrawal Halt
23.6.2023
Haru Invest, a struggling South Korean crypto yield platform, has reportedly terminated contracts for over 100 employees.
"After much consideration, it comes with a heavy heart to inform you that we will be minimizing the operations of Haru Invest and its affiliated companies to prevent further...
South Korean Crypto Yield Firm Haru Invest Fires More Than 100 Employees: Report
22.6.2023
Earlier this month, Haru Invest halted withdrawals and deposits
Asset Freeze to Halt Binance US Operations, Exchange Says, Seeks Rejection of SEC Request
13.6.2023
Crypto exchange Binance US has urged a federal judge to reject a request by the U.S. securities regulator to freeze its assets. The company won’t be able to maintain the trading platform or pay employees and vendors, defense attorneys said in a court filing. ‘No Need for the Draconian Relief Sought...
Report: Pan-African Crypto Exchange Mara Lays Off Majority of Employees
9.6.2023
African crypto exchange Mara has not only parted ways with a reported 85% of its staff but has cut the salaries of workers that have remained. Although Mara has cast the layoffs as an exercise which aims to remove redundant roles, former employees have said the startup’s ballooning marketing...
Report: Binance Controlled Bank Accounts Belonging to Its US Affiliate Between 2019 and 2020
6.6.2023
Between 2019 and 2020, crypto exchange Binance controlled bank accounts belonging to its U.S. affiliate including one holding funds of American clients, a new Reuters report has said. According to the report, employees of the crypto exchange’s U.S. affiliate had to get Binance executive...
Apple bans ChatGPT use for employees over fear of data leaks
19.5.2023
An internal document from the tech giant said that while it develops its own AI technology employee usage of outside AI chatbots will be restricted
Citadel Securities Suing Two Former Employees After They Left To Form a Crypto Firm
17.5.2023
Citadel Securities is suing two former employees after they left to form a cryptocurrency market-making firm.
One of the world’s largest market makers claims that Leonard Lancia and Alex Casimo started raising capital and building the trading firm Portofino Technologies, while still working...
Blockfi Announces Self-Liquidation Plan After Failed Attempts to Sell Company
16.5.2023
The now-defunct crypto lender Blockfi has recently filed a court document outlining its plans to liquidate the company. The firm has come to the realization that selling the company would not be beneficial to its creditors. As a result, Blockfi has decided to take matters into its own hands...
MrBeast Bought An Entire Neighborhood For His Employees To Live In
9.5.2023
Mega YouTuber MrBeast, aka 25-year-old Jimmy Donaldson, has been casually buying extensive property in a North Carolina neighborhood for him, his family, and his employees to live in, the New York Post reports. In the last five years, Donaldson has already purchased five homes on the same...
Samsung employees banned from using ChatGPT-like AI tools
2.5.2023
The company-wide ban prevents Samsung employees from accessing generative AI tools on all Samsung-owned devices and internal networks
7,800 jobs at IBM could be replaced by AI within years, suggests CEO
2.5.2023
Arvind Krishna, the chief executive of IBM, said roughly 30% of their non-customer-facing positions could be covered by artificial intelligence over a five-year period
China Pushes Digital Yuan for Wage Payments in Changshu
25.4.2023
Changshu, a city in China with more than 1.5 million inhabitants, will pay public workers’ wages with the Chinese central bank digital currency (CBDC), the digital yuan. The move marks an acceleration of the adoption plans that Beijing has for the digital currency, which has been included...
China Fines Bitmain $3.6 Million for Tax Violations, Report
13.4.2023
Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto community. Bitmain Fined for Failing to Pay Income...
Employees of South Korean Crypto Exchange Coinone Arrested: Report
11.4.2023
Seoul Southern District Court Chief Judge Kim Ji-Sook issued a warrant for the arrests on Monday, saying "There is concern about escaping."