OpenSea has become the new victim of the ongoing crypto winter as it has decided to slash its workforce. According to a report from the Wall Street Journal (WSJ), the non-fungible token (NFT) marketpl...
Tag: Lay
Huobi to Reportedly Lay Off at Least 30% of Staff Citing Sharp Revenue Drop
The current cryptocurrency downturn is taking its toll and yet another exchange appears to be facing serious challenges. Huobi – a platform that used to be very prominent in china – will reportedly la...
Australian crypto trading firm Banxa to lay off almost a third of its staff: AFR
Banxa, an Australian crypto payment firm, has announced that it will reduce its staff numbers by 30% amid the ongoing bear market conditions, the Australian Financial Review reported on Monday. Accord...
Australia’s Crypto Processing Firm Banxa to Lay off One-Third of its Staff
Australian cryptocurrency payments processing firm Banxa Holdings has disclosed its plans to retrench almost a third of its staff, making the headlines as one of the platforms to explore this route in...
Kraken exchange is hiring new staff as other companies lay off staff
Kraken, one of the world’s largest cryptocurrency exchanges, is planning to fill more than 500 positions in different departments amid the market turmoil. The hiring of new staff by the exchange is di...
Coinbase is ready to lay off 18% of staff- The Cryptonomist
On Tuesday, the CEO of Coinbase announced that the company will be forced to drastically reduce the number of its employees. Coinbase and the 18% cut in human resources In a Twitter statement, the CEO...
Coinbase Will Lay Off Around 1,100 Employees
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Crypto.com to lay off 260 employees to “optimise profitability”
Crypto.com has announced it will be laying off 5% of its workforce, as they focus on their roadmap and growth. The tweet by CEO Kris Marszalek, comes during the worst crypto slump for 13 months. Durin...
Crypto.com will lay off 260 people, shrinking by 5%
? Want to work with us? CryptoSlate is hiring for a handful of positions! Crypto exchange platform Crypto.com announced it will be downsizing by 5% and let 260 of its staff go due to current market co...
Mexico Based Crypto Exchange ‘Bitso’ to Lay Off Major Workforce
Exchange News An 80-person layoff announcement was made by Bitso. Gemini announced a 10% workforce layoff to weather the crypto winter. Retail investors are not the only ones feeling the effects of Cr...
Elon Musk Reportedly Wants To Lay Off 10% Of Tesla’s Workforce As He Frets About The Economy
Topline Tesla CEO Elon Musk wants to lay off around 10% of Tesla’s workforce due to his concerns about the state of the global economy, Reuters reported on Friday citing an internal email sent to comp...
Winklevoss’ Gemini Will Lay Off 10% of its Staff Amid Crypto Winter
Gemini – the crypto exchange spearheaded by billionaire twins Cameron and Tyler Winklevoss – announced first-ever job cuts as the months-long crypto selloff had shown no signs of reversal yet. Around ...
Gemini Exchange Lay off 10% of Its Staff Due to Cryptocurrency Market Slump
– Advertisement – Cryptocurrency winter has started affecting trading firms, as Gemini lays off 10% of its employees. Following the massive decline in the value of cryptocurrencies in rece...
Gemini: Winklevoss led exchange planning to lay off 10% of staff
Various companies are struggling with the changing market situation. Gemini is one of those exchanges which have continued to face problems due to lowered business. The impacts of the market changes a...
Klarna to lay off approximately 10% of its workforce
Buy now, pay later (BNPL) firm Klarna will let go of 10% of its workforce globally as the company suffers amid a worsening economic outlook, according to a statement issued by the company. KlarnaR...
LAY Token Sale Begins May 13
[PRESS RELEASE – Please Read Disclaimer] Airdrop as participation reward for LAY Token Sale It was announced that ARSW, MUUU, KGL, and GALAX will be distributed to purchasers of LAY in Starlay’s 2nd T...
DApps Group Will Form ‘DeCartel’; $LAY Token Sale to Begin
Based on the concept that DeFi should be a more accessible service for more people, DeCartel was formed to simplify the complexity of DeFi structure and to enable users to safely receive a stable reve...
April was a brutal month for stocks. Here are 3 charts that lay out the carnage, and 1 that should give investors hope
Warren Buffett likened the stock markets to a “gambling parlor” at this weekend’s annual Berkshire Hathaway shareholders conference. If that’s true, this is one lousy casino. T...
Robinhood to Lay Off 9% of Employees as Growth Slows
Brokerage app Robinhood is laying off 9% of its workforce, according to a statement from CEO Vlad Tenev today. Tenev called the decision “necessary,” citing a change in Robinhood customers...
Robinhood to Lay Off 9% of Staff as Stock Hits All-Time Low
American commission-free broker, Robinhood (Nasdaq: HOOD) is going to significantly reduce its workforce, laying off around 9 percent of its full-time employees. The decision came when publicly-traded...
Canadian Government Lay Hold Of 6 Out of 21 Bitcoins Offered To Truckers’ Fleet
Canadian truckers protests or Canada convoy protest is among greatest stories experienced by folks this year. Major breaking point in this event was when authorities summoned Emergencies Act and, amon...
Ethereum 2.0 Coming in Q2, ‘Will Lay to Rest’ Energy Concerns: Joe Lubin
ConsenSys CEO and Ethereum co-founder Joe Lubin is still confident that the next era of Ethereum will arrive within the next few months. In an interview with Decrypt last December in Miami, Lubin pre...
Gas prices are already expected to top $5 a gallon, but experts lay out a scenario that could be much worse
Gasoline prices, already soaring following Russia’s invasion of Ukraine, may climb even higher during the busy summer driving season. Unleaded gas, which reached a record $4.33 per gallon in the U.S. ...
Louisiana Bill Seeks to Lay Rules for Cryptocurrency Political Donations
The bill will facilitate crypto contributions to political campaign The bill seeks clarity with regards to contributions, valuations, and expenditures The bill considers crypto donation as an in-kind...
Louisiana Bill Seeks to Lay Rules for Cryptocurrency Political Donations Louisiana Bill Seeks to Lay Rules for Political Donations in Crypto
Louisiana state legislature is considering a bill to facilitate crypto contributions to political campaigns. Sponsored by Republican Party Representative Mark Wright, the bill seeks to lay down a lega...
Ethereum (ETH) and Altcoins Ready to Explode! Bears to lay low Soon? – Coinpedia – Fintech & Cryptocurreny News Media
The crypto market has been in the red since the new year began, with the first week bringing down the most valuable coins by double digits as fear, uncertainty, and doubt (FUD) gripped the global econ...