Blockchain Auditor CertiK Cuts Jobs Amid Market Changes!

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Oct 13, 2023 19:57

CertiK has cut jobs in response to “evolving market dynamics,” according to founder and CEO Ronghui Gu. Less than 15% of the workforce was affected, with the aim of aligning the team structure with the company’s long-term strategic aspirations. This move follows recent staffing reductions in the blockchain industry and a stall in the prices of bitcoin and ether. CertiK closed a $60 million funding round backed by the SoftBank Vision Fund and Tiger Global last year. The company offers end-to-end security solutions, including code auditing, threat monitoring, and asset tracing.