GSR, a prominent market maker and liquidity provider in the industry, has unemployed less than 10% of its staff during the third quarter of this year. As reported by The Block, the reason behind the...
Tag: Lays
FTX Founder Sam Bankman-Fried Lays Out Upcoming Upgrades for the Crypto Exchange
FTX founder Sam Bankman-Fried says the crypto exchange is rolling out new features and improvements to its platform over the next month. In a series of tweets, Bankman-Fried lays out a series of chang...
Furnished Apartment-Rental Firm Landing Restructures, Lays Off 110 Employees
Landing founder Bill Smith in one of the company’s furnished apartments in Birmingham, Alabama. Jamel Toppin for Forbes Furnished apartment-rental startup Landing told employees today that it is restr...
Crypto Exchange WazirX Lays Off Roughly 40% Staff
4 seconds ago | 2 mins read Exchange News According to sources, 50-70 of WazirX’s 150 workers were let off. The whole public policy and communication staff had been terminated. As a result of the glob...
India’s WazirX Lays Off 40% Of Workforce, Triggered by Market Hardship
WazirX, a cryptocurrency platform based in India, has laid off several employees, a move that aims to make the exchange remain financially stable amid the ongoing market downturn. Three sources with k...
Arthur Hayes Says Ethereum (ETH) Merge Still Not Priced In, Lays Out Bottom Scenario for Crypto Markets
BitMEX co-founder Arthur Hayes says that the market still hasn’t priced in the significance of Ethereum’s (ETH) successful transition to a proof-of-stake consensus model. In an interview with Raoul Pa...
Report: Indian Exchange WazirX Feels the Pinch, Lays off 40% of Workforce
WazirX, a top Indian Crypto exchange on Saturday cut its workforce by 40% following the prolonged crypto downturn. Reports revealed that about 40-70 employees of the company’s 150 workforces were aff...
WazirX Lays Off 40% of Its Employees
The post WazirX Lays Off 40% of Its Employees appeared first on Coinpedia Fintech News WazirX, an Indian exchange, announced in a statement shared with CoinDesk on Saturday that it had fired a number ...
Crypto Exchange Rain Lays Off Many Staff Members
Another digital currency exchange has let a bunch of its employees go. In an age of layoffs, it’s only natural that such a trend would continue so long as the crypto winter remained in full force. Rig...
City Bank’s Report Lays Out The Aftermath Of The ETH Merge
The post City Bank’s Report Lays Out The Aftermath Of The ETH Merge appeared first on Stablecoin Vs Fiat Currencies: Features, difference, And Factors According to City Bank’s report, the transi...
Sci-Fi NFT comic book project lays the foundation for CCG development
The year is 2142 AD. A dystopian future controlled by corporations is rocked as the last Bitcoin (BTC) is mined, and Satoshi Nakamoto’s long-dormant wallet is awakened and used to dismantle their cont...
Michigan Health Care Giant Beaumont-Spectrum Lays Off 400 Amid Growing Recession Fears—Here Are The Major U.S. Layoffs This Summer
Beaumont-Spectrum, the largest health care provider in Michigan, announced Friday it is laying off 400 employees, the latest U.S. companies to reassess their headcount this summer as employers fear th...
FLOKI’s Strategic Partnership with ICO Pantera Lays Foundation for Future Memecoins
Join Our Telegram channel to stay up to date on breaking news coverage Since 2017, ICO Pantera group has indeed been South Korea’s top growth accelerator. They have developed one of Korea’s largest an...
Cathie Wood Sees Deflation, Lays Blame on Powell
For months famed investor Cathie Wood has said that the Federal Reserve should cease raising interest rates, that the economy is seeing deflation rather than inflation and that it’s in recession...
Snapchat Calls End to Web3 Division, Lays Off 20% Employees
The business has eliminated all Web3 employees as part of its ongoing reorganization. Jake Sheinman, head of Snap’s Web3 team, announced his departure. On Friday, Snap Inc. CEO Evan Speigel revealed i...
Brazilian Cryptocurrency Exchange Mercado Bitcoin Lays Off 15% of Workforce Due to Global Economy Woes – Exchanges Bitcoin News
Mercado Bitcoin, one of the biggest Brazilian cryptocurrency exchanges, has announced a new wave of layoffs amidst a worsening global economic situation for fintech startups, which the exchange states...
MakerDAO Co-Founder Lays Timeline for Free Floating DAI
A free floating DAI would see MakerDAO’s stablecoin de-peg from the US dollar entirely The plan is part of the protocol’s ambitions to protect itself from regulatory threats Weeks after threatening to...
Swyftx Lays Off One Out of Five Staff on Account of Crypto Winter
Australian cryptocurrency exchange known as Swyftx with its location in the Brisbane region has announced that it is cutting down on its staff strength by 21% which means that it would be letting go o...
Prominent Australian Exchange ‘Swyftx’ Lays off 21% Workforce
26 mins ago | 2 mins read Exchange News The crypto exchange announced in June that they will be combining with Superhero. Swyftx is the latest cryptocurrency company to experience growing pains. To co...
What Happens If Hodlnaut Gets Liquidated? Crypto Lender Lays Off 80% Staff
A few days ago, crypto lender Hodlnaut halted withdrawals and subsequently announced it will be going under judicial management in Singapore to prevent liquidation; it has now taken further steps to s...
Dan Loeb buys new stake in Disney, lays out key initiatives ‘to unlock further value’
Dan Loeb is once again bullish on Disney (DIS). According to a letter the activist investor sent to CEO Bob Chapek, Loeb’s Third Point has repurchased “a significant stake” in the me...
Gannett, America’s Largest Newspaper Chain, Lays Off Journalists After Dismal Earnings Report
In a late-Friday move Gannett, the nation’s largest newspaper chain, executed layoffs at outlets across the country. While no official tally was available, journalists at the Athens (Georgia) Banner-H...
Huobi Lays Ground Rules For Fork – Trustnodes
The former China based crypto exchange Huobi has laid down some ground rules on what fork of ethereum they will list. Crucially, the chain must have “two-way replay protection implemented by default; ...
Oracle Lays Off Hundreds of Employees
Oracle laid off hundreds of employees this week as the business software provider prioritizes its healthcare IT services and cloud businesses, according to people familiar with the company’s actions. ...
Robinhood lays off nearly a quarter of its workforce amid crypto winter
Commission-free stock, options, and cryptocurrency trading platform Robinhood is getting rid of 23% of its workforce due to dipping revenues and a crypto bear market. Company CEO blames woes on rising...
Robinhood lays off 23% of staff
Robinhood had announced at the beginning of the year a layoff of 9% of staff, which will now be followed by an additional 23% in defections. New staff cuts at Robinhood Robinhood’s human resources suf...
Robinhood Lays Off 23% of Staff a Day Before Earnings Report
Laid off employees will have the option to stay until Oct. 1, 2022 with full pay and benefits HOOD was trading about 4.5% lower in after-hours trading Tuesday Robinhood has shed 23% of its staffers, t...