ConsenSys – a blockchain software technology company – and Amber Group – a cryptocurrency platform based in Singapore – are the latest entities in the digital asset sector to announce staff layoffs. ...
Tag: Amber
TT, the Co-founder of Amber Group and KeeperDAO, unexpectedly departs This Life at only 30
Tiantian, the co-founder of Amber Group and KeeperDAO, untimely dies at 30 Titantian was a serious-minded behemoth and broadly accepted as a trailblazer for the business His sudden departure from the ...
Seeking Out The Rare Amber Wines Of The Republic Of Georgia, Fermented In ‘Qvevri’
Qvevri wine vessel from Republic of Georgia getty Most wine lovers know that the Republic of Georgia has been producing wine for over 8000 years, and is considered to be the ‘birthplace of wine.’ Thou...
Amber Group Completed $300M Series-C Round After FTX Contagion
After the collapse of FTX, the major trading firms are working to raise additional capital as the fallout harshly impacted some trading firm’s products and customers. Amber Group Rising a ‘Hope’ after...
Amber Group Secures $300M Funding Led by Fenbushi Capital US
7 seconds ago | 2 mins read Blockchain News Amber has opted to delay its Series B fundraising and go through with its Series C funding. As of the round’s midpoint in December 2022, Amber had collected...
Distressed Crypto Platform Amber Group Secures a $300 Million Fundraiser
Amber Group – a cryptocurrency platform backed by Singapore’s investment company Temasek – completed a $300 million funding round. The money will be distributed to clients affected by the FTX collapse...
Crypto company Amber raises $300 Million to address FTX damage
According to recent reports, the Singapore-based cryptocurrency trading firm Amber Group has raised $300 million to tackle the disgrace of the fallen crypto exchange FTX. Funds raised for clients suff...
Amber Group reportedly looking to downsize despite raising $300M
Amber Group announced that it raised $300 million on a Series-C funding round on Dec.16. It also revealed plans to lay off up to 400 employees and cancel performance-based bonuses, as reported by Bloo...
Amber raises $300 million to laser focus on institutional clients
Amber Group has raised £300 million in a Series C funding round led by Fenbushi Capital US. Amid the carnage of collapsing crypto firms across the sector, Amber Group is looking to buck the trend with...
Amber Group raises $300M to recover from FTX contagion
Amber has completed a new $300 million Series C funding round, led by blockchain-focused venture capital company Fenbushi Capital US, the firm announced on Twitter on Dec. 15. The new funding round co...
Embattled crypto lender Amber Group raises $300 million
Singapore-based crypto lender Amber Group today announced a $300 million fundraise that comes amid layoffs and refocusing at the company. Amber said in a tweet that it had closed a Series C roun...
Amber Group acquires cryptocurrency platform Sparrow exchange: Report
Cryptocurrency trading firm Amber Group, which had roughly 10% of its trading capital stuck on FTX at the time of the exchange’s collapse, has acquired Singaporean cryptocurrency platform Sparrow Hold...
Crypto Lender Amber Slashes 60% of Workforce
Amid the continuing fallout from the collapse of FTX, one of Asia’s biggest crypto lenders, Amber Group, is taking radical cost-cutting measures. According to a report by Bloomberg, the Singapore-base...
The Block: Amber Group acquires Singapore crypto exchange Sparrow: Business Times
Asian crypto investment firm Amber Group has acquired Singaporean crypto exchange Sparrow, according to a report in The Business Times citing regulatory filings. Amber’s move is surprising...
Amber Group Claims ‘False Allegations’ Against Company, Provides No Details
Amber Group has yet to publicly address the latest reports around its financial health, outstanding liabilities, and its retail business, despite saying certain claims against the company have been in...
Crypto’s Amber Group ends Chelsea sponsorship: FTX crash is still haunting the market
When the FTX crash came a month ago, it took everything with itself, but the worst was yet to come. The failure of the SBF’s FTX and its company, Alameda, has brought many companies to their knees, an...
Amber Group Terminates Sponsorship Deal with Chelsea FC, Lays Off 40% Staff
Amber Group has halted its sponsorship deal with Chelsea and is looking to downsize its workforce as the crypto winter bites hard. Amber Group has reportedly terminated its $25 million sponsorship dea...
Crypto Firm Amber Group Ends Sponsorship Deal With Chelsea
The bearish trend in the crypto market has been blowing a negative wave. The overall decline is affecting crypto assets and firms in different ways. Following the collapse of the FTX crypto exchange, ...
Amber Group Reportedly Cancels $25M Chelsea FC Sponsorship Deal
Defi News Amber Group is also reportedly laying off roughly 300 employees. The cryptocurrency dealer is also closing down its retail activities. Amber Group, a cryptocurrency trading business located ...
Crypto Firm Amber Group Downsizes Workforce, Ends Chelsea Sponsorship
Leading digital asset company Amber Group is downsizing its workforce by 40%, ceasing its retail operations, and ending its sponsorship deal with English football club Chelsea FC amid extreme market c...
Amber Group ends Chelsea sponsorship, cuts 40% of staff after FTX collapse
Amber Group, one of Asia’s most prominent cryptocurrency trading and lending firms, has discontinued its retail operations and severed its sponsorship agreement with Chelsea F.C. A source familiar wit...
Amber Group Slows Down Expansion Plans on Bear Market Worries (Report)
Amber Group reportedly raised just half of its $100 million funding round and halted its global expansion efforts due to the ongoing bear market. The company recently laid off a portion of its staff a...
Amber Group retreats from U.S. and Europe as it raises funds from new investor
Asian cryptocurrency investment firm Amber Group is stepping back from plans to expand in the U.S. and Europe as it retrenches to survive the crypto winter. Angie Beehler, head of U.S. institut...
Amber Group owes troubled crypto lender Vauld’s CEO $130 million
Amber Group, a struggling crypto trading firm, owes around $130 million to troubled crypto lender Vauld’s CEO Darshan Bathija. In July, Vauld mentioned in its affidavit that it has a loan ...
Crypto Trading Firm Amber Group Ditches $25M Chelsea Sponsorship Deal Amid Layoffs: Report
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Amber Group’s planned raise halved as it cuts 40% of jobs: Reports
Crypto firm Amber Group is making various business-related cuts as it struggles to weather the ongoing crypto winter. The Singapore-based crypto trading and lending platform’s expansion pl...
Amber Group says it’s ‘business as usual’ amid reports of more layoffs
Digital asset platform Amber Group is reassuring clients and stakeholders that it is “business as usual” at the firm following reports that the company laid off staff. The Hong Kong-based firm ...
Co-founder of digital asset company Amber Group dies at 30 – crypto.news
On Nov. 23, Tiantian Kullander, popularly known as TT, the co-founder of Amber Group, abruptly passed away in his sleep, according to the firm’s site. Tiantian, who was 30 years old, left a wife and a...
Co-founder of Crypto Firm Amber Group Dies at 30
Alex Dovbnya Amber says that Tiantian Kullander, its co-founder, unexpectedly passed away in his sleep earlier this week Tiantian Kullander, the co-founder of the $3 billion cryptocurrency firm Amber ...
Amber Group’s co-founder Tiantian Kullander passes away at 30
Amber Group’s co-founder Tiantian Kullander, also known as “TT,” unexpectedly passed away in his sleep on Nov. 23, according to the company’s official website. Kullander was 30 years old and leaves be...
Amber Group Cofounder Tiantian Kullander Passes Away
Tiantian Kullander News: Cofounder of digital-asset trading platform Amber Group, Tiantian Kullander, passed away on November 23, the company said. The 30 year old unexpectedly in his sleep, it added ...