Two former Meta employees are developing the Aptos blockchain using Diem’s open-source technology to create an L1 blockchain for enterprises. Co-founders of Aptos Labs, Avery Ching, and Mo Shaik, pitc...
Tag: employees
Government Employees with Cryptocurrencies Forbidden from working on Crypto Legislation in US – crypto.news
U.S. Government personnel who actively invest in cryptocurrencies or are discovered to be in possession of any are prohibited from taking part in the creation of legislation and policies pertaining to...
GameStop Sacks CFO, Lays Off Multiple Employees in A Fresh Turnaround Plan
GameStop, the largest video game retailer worldwide based in Texas, US, has sacked its Chief Financial Officer, Mike Recupero, and laid off several employees across departments. The layoffs, which wer...
Compass Mining cuts staff by 15%, reduces salaries for senior employees
Bitcoin mining company Compass Mining is letting go of 15% of its team. The miner is also cutting salaries and spending, according to a statement on Thursday. Pay cuts to senior employees and the exec...
US federal employees with digital assets shouldn’t work on crypto policy, ethics office warns
Government employees who own digital assets like cryptocurrencies or stablecoins may not work on matters that could have a “direct and predictable effect” on the value of their assets, according to a ...
How Can The Media And Entertainment Industry Lure Employees Back To The Office
CENTURY CITY, CA – AUGUST 12: A general view of the CAA talent agency in Century City on August 12, … [+] 2020 in Century City, California. (Photo by AaronP/Bauer-Griffin/GC Images) GC Ima...
Crypto lender Celsius dismisses a quarter of its employees: Calcalist
Troubled cryptocurrency lending platform Celsius has cut 150 employees, Israeli business website Calcalist said today in a story tagged “exclusive.” The company’s LinkedIn profile lists 651 employees...
Celsius Lays Off 150 Employees as Crypto Winter Deepens (Report)
According to a recent report, Celsius Network has fired about a quarter of its employees. This comes just days after the company issued a statement, reassuring once again that it’s working around the ...
Cosmos Blockchain Developer Ignite Layoffs Employees, CEO Peng Zhong Resigns
Peng Zhong, the CEO of Ignite, the company behind the Cosmos blockchain ecosystem, announced his resignation on Friday. Zhong’s departure comes just a few months after the firm recently changed its na...
Babel Finance is losing top employees as client funds remain frozen
Two weeks after suspending client withdrawals and five weeks after raising $80 million in fresh funding, The Block has learned that troubled crypto lender Babel Finance is losing multiple top employee...
Babel Finance Reportedly Loses Top Employees Amid Insolvency Rumors
According to crypto news and research website The Block, beleaguered crypto lender Babel Finance is starting to lose several key employees just weeks after the firm suspended withdrawals and battled I...
Target will cover employees’ travel to other states for abortions
A person walks into a Target store in Washington, DC, on May 18, 2022. Stefani Reynolds | AFP | Getty Images Target will cover employees’ travel if they live in a state where abortion is banned,...
‘Simply Outrageous:’ EY Hit With $100 Million Fine After Audit Employees Cheat on CPA Ethics Exam
(Bloomberg) — Ernst & Young LLP admitted that dozens of its audit personnel cheated on the ethics portion of the Certified Public Accountant exam and that the firm misled US regulators probi...
Biden Vaccine Mandate For Federal Employees Blocked Again As Appeals Court Dissolves Earlier Ruling
Topline The Biden administration’s Covid-19 vaccine mandate for federal employees has once again been blocked in court—at least for now—as a federal appeals court ruled Monday it will rehear the case ...
Banxa freezes contracts of upto 40% of its employees
Banxa, an Australian crypto exchange gateway, has cut its employee count by 40%. The exchange enables users to change traditional money into digital ones and vice versa. Back in January, the common sh...
Investment platform Bitpanda reduces headcount to 730 employees
Correction: This article has been corrected to say that BitPanda’s headcount has been reduced to 730 people. An older version mistakenly said that the company was laying off 730 people. The Bloc...
Google Tells U.S. Employees They Can Relocate to States Where Abortion Is Legal
In the wake of the Supreme Court’s decision Friday overturning Roe v. Wade, which eliminates the constitutional right to abortion, Google has notified American employees that it will allow them to rel...
Peter Thiel-Backed Bitpanda Fires 730 Employees
Alex Dovbnya Massive layoffs continue to affect some of the leading cryptocurrency exchanges Vienna-based cryptocurrency exchange has fired 730 employees due to unfavorable market conditions, accordin...
BitPanda Lays off Hundreds of Employees, Citing Tough Market Conditions
BitPanda, a cryptocurrency trading platform based in Austria, announced on Friday that it will cut down the number of its headcounts to ensure sustainability. The firm said it will reduce the number o...
Disney sends memo to employees
Disney store is seen in Times Square, New York City. Nick Pfosi | Reuters Disney sent an internal memo to employees Friday, assuring them it will help pay for pregnancy-related care if they have to tr...
JPMorgan Chase tells employees the bank will pay for travel to states that allow abortion
JP Morgan CEO Jamie Dimon speaks at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 23, 2021. Brian Snyder | Reuters JPMorgan Chase, one of the largest emplo...
Netflix Lays Off 300 More Employees Amid Subscriber Losses
Topline Netflix laid off 300 employees in a second round of cuts Thursday and confirmed plans to offer a cheaper ad-supported subscription tier, amid financial troubles after the streaming site lost h...
Netflix lays off 300 more employees as revenue growth slows
Netflix’s revelation that it lost 200,000 subscribers in the first quarter put further pressure on an already beleaguered tech sector, but top tech analyst Mark Mahaney believes the current weak...
JPMorgan Lays Off Home Lending Employees As Housing Market Cools
Topline JPMorgan Chase—the nation’s largest bank—laid off hundreds of home lending employees Wednesday, Bloomberg reported, as rising mortgage rates and increased inflation continue to cool a once-hot...
South Korea Bans Terraform Labs Employees From Leaving The Country Amid Pending Crypto Investigation
According to the latest reports from the Financial Times, South Koreans have prohibited employees of the Terraform Labs from leaving the country as the settlement regarding an investigation is yet not...