Tech and crypto firms experienced massive layoffs in May. Here’s how bad it really is

Last month, Fortune reported that the tech industry’s 2021 hiring boom seemed to be slowing down. One month later, it’s clear that the boom is over. Amid rising inflation rates and slowing demand, tec...

Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms – Bitcoin News

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-fo...

Chevron CEO Sees Russian Oil Output Falling After Exit of Western Firms

Russia is still finding a home for much of its oil despite expanding sanctions, but its production likely will diminish following the departure of western oil companies, Chevron Chief Executive Mike W...

Yet Another Probe Into Crypto Firms In S. Korea Over Terra Collapse

The aftermath of the Terra network crash saw a big shift in regulatory action in the crypto industry. With several countries in the process of tightening the noose against crypto wrongdoings, the acti...

Kenya invites Bitcoin mining firms to tap surplus geothermal power

? Want to work with us? CryptoSlate is hiring for a handful of positions! Kenya is looking to become Africa’s first Bitcoin mining hub by inviting Bitcoin mining companies to use surplus geothermal en...

In The Midst Of The Bear Market Major Crypto Firms Are Reportedly Laying Off Up To 10% Of Its Workforce

According to a representative for the FTX crypto exchange, the company has not laid off any of its current 175 employees at the worldwide exchange or 75 employees at the FTX US, and has no plans to do...

One of The Greatest Investment Firms Will Offer Ethereum Custody And Trading

Fidelity, one of the biggest investment organizations, is strategizing to provide trading as well as custodian services for Ethereum. Its Virtual asset subsidiary is hiring over 200 folks to develop o...

Bermuda banks on clear regulatory framework to attract more crypto firms

Amidst the current volatility in the cryptocurrency market, Bermuda is banking on its clarity surrounding digital asset legislation to attract more crypto projects and companies. Bermuda is one of the...

Major crypto firms reportedly cut up to 10% of staff amid bear market

Gemini, a cryptocurrency trading platform founded by brothers Cameron and Tyler Winklevoss, is the latest industry firm to lay off a significant part of its staff due to unfavorable market conditions....

Crypto Firms, Especially Exchanges, Slash Jobs as Market Rout Continues

Going forward, crypto companies with valid use cases and utility are the ones that will best survive, according to Nicholas Strange, founder of Seattle-based hiring firm Crypto Talent. Many crypto fir...

Google’s Owner Paid $296,000 to a Typical Worker. Here’s What Other Firms Pay

With a booming economy and a tight job market, median pay rose last year for most S&P 500 companies, according to a Wall Street Journal analysis. Google parent Alphabet and Facebook Meta Platforms...

Local Hong Kong Firms Raise Funds for NGOs Through NFTs

Three local Hong Kong companies are raising funds for non-governmental organisations (NGOs) through non-fungible tokens (NFTs) to support green initiatives and sustainability. In its published introdu...

Abu Dhabi firms to provide free crypto domains to women in the UAE capital

As the cryptocurrency market continues to expand across borders and industries, organizations and countries are working on frameworks and projects to speed up and intensify the adoption of digital ass...

Forbes Scraps SPAC IPO Agenda amid Dwindling Investor Interest & Heightened Regulatory Scrutiny of Blank-Check Firms

Forbes has reportedly pulled the plug on its SPAC IPO after conducting market reevaluations. An official announcement is expected soon. Forbes will not be going forward with its SPAC initial public of...

Crypto firms dominate NBA sponsorship deals only trailing tech companies

Cryptocurrency companies are among the dominating brands for the 2021-2022 NBA season sponsorship, with deals ranking higher than traditional sponsors.  For the season, different crypto brands pumped ...

Venture Capital Firms Reportedly Cashed Out in advance before LUNA Crash

The collapse of Terra Classic (LUNC) – the name of the old Terra chain and token – may come as a shock to many, but quite a number of venture capital firms or backers cashed out before the...

Zombie Firms Face Slow Death in US as Era of Easy Credit Ends

(Bloomberg) — They are creations of easy credit, beneficiaries of central bank largesse. And now that the era of unconventional monetary policy is over, they’re facing a challenge like never bef...

Why U.S. Shale Firms Aren’t Likely To Change Their Growth Plans

With Brent crude at $120 per barrel and WTI close behind it, the fundamentals picture of crude oil globally is not a sight of comfort. It is a sight of worry. Many relied on the U.S. shale patch to al...

Swinburne Uni brings Web3 firms to class

Australia’s Swinburne University of Technology has partnered with two financial technology firms which will provide its students exposure to the financial technology and cryptocurrency business world....

Blockchain News: Crypto-Based Firms Dominate Annual World Economic Forum, Mark Bitcoin Pizza Day In Style

– Advertisement – In the latest blockchain news, this year’s World Economic Forum WEF has been dominated by crypto-based companies, albeit unexpectedly. The 5-day annual event, which is cu...

Over 1,000 Firms Expected to Join Crypto Space in UAE by 2022 End, Expert Says

During the Top CEO event in Dubai, Crypto Oasis co-founder Saqr Ereiqat opined that at least 1,000 companies would enter the crypto space in the United Arab Emirates (UAE) by the end of the year under...

Crypto Firms Dominate World Economic Forum Despite Recent Slump

Despite the recent downturn in the fortunes of the cryptocurrency market, the turbulence has not discouraged crypto enthusiasts or crypto firms from making quite a statement at the World Economic Foru...

Firms to watch with housing shortage set to benefit homebuilder stocks

Ariel Skelley | Digitalvision | Getty Images The double whammy of a declining stock market and rising interest rates has been pummeling homebuilder stocks this year, resulting in rock-bottom valuation...

Crypto Firms Launch Community-Powered Scam Reporting Platform ‘Chainabuse’ – Featured Bitcoin News

Several crypto firms, including Binance and Circle, have launched a new crypto scam reporting platform. The tool “empowers anyone in the crypto economy to warn others about scams, hacks or other fraud...

World Economic Forum is taken over by crypto firms promoting rapid adoption

Despite the cryptocurrency market undergoing a turbulent moment, enthusiasts of digital assets are dominating the 2022 World Economic Forum meeting in Davos which brings together both global political...

3 Best Smart Contract Auditing Firms To Choose For Your Project In 2022

Have you ever wondered about how platforms in DeFi space are secured? And, if they are secured, then who ensures their security? The short answer is smart contract audits. You might already be aware o...

Despite Budding Crypto Adoption In Vietnam, Lack Of Regulatory Clarity Forces Crypto Firms To Set Up Shop Abroad ⋆ ZyCrypto

Advertisement &nbsp &nbsp The blockchain industry has grown rapidly in the last couple of years to the point where clear regulations are necessary to get to the next level of ...

Chinese firms ‘told to stop work on Russian Arctic LNG 2 project’ due to EU sanctions

At least five Chinese companies will have to stop work on Russia’s Arctic LNG 2 project in northern Siberia by the end of this month, according to an industry publication, due to EU sanctions ag...

Ethiopia is finally launching a stock exchange with the first 50 firms already on the list

The creation of the Ethiopian Securities Exchange (ESX) seems to be finally happening after initial finalization announcements in 2020. The Ethiopian Ministry of Finance, the Ethiopian Investment Hold...

South Korea proposes a new framework for crypto firms 1

South Korea has announced that firms involved in digital assets and related products might soon be migrated to a brand new regulatory framework. According to the report, which claims a source from the...

Fireblocks Deploys ‘Web3 Engine’ for Firms Eyeing GameFi, NFTs

“I think the most obvious clients here, beyond financial institutions that are already working with DeFi, are developers around gaming, social media and entertainment,” Shaulov said in an interview. “...

Crypto Firms Could Inadvertently Hire Employees from North Korea, US Authorities Warn

Alex Dovbnya The U.S. has warned IT firms about unwanted employees from North Korea U.S. authorities have issued an advisory warning to IT firms, including cryptocurrency firms, about North Korean tec...