5 hours ago | 2 mins read Altcoin News A value of $2.5 billion was put out by Immutable after a $200 million round of funding. TikTok and GameStop have just developed an NFT marketplace using Immutabl...
Tag: Lays
NFT Startup Immutable Lays off Staff Despite Boasting of Growth Plans
Australian tech startup Immutable has laid off a number of employees, including senior designers, just months after securing a $200 million funding round. CNET revealed that despite staff cuts and war...
Trader Tone Vays Says Bitcoin Needs Miracle To Turn Bullish Again, Lays Out Downside Target for BTC
Seasoned trader Tone Vays is bearish on Bitcoin’s (BTC) near future, saying the Bitcoin chart looks “terrible” in the short term. In a new video from Tuesday, the analyst noted BTC “got rejected” by t...
Crypto Game Studio Immutable Lays off Over 20 Staff – crypto.news
Immutable, a crypto gaming startup valued at $2.5 billion, laid off at least 20 employees on Tuesday morning, including core members of its NFT trading card game, Gods Unchained. Immutable Announces N...
Amid 200 Million USD Funding Immutable Lays Off 6% of its WorkForce
Immutable lays off 6% of its employees The firm is reengineering for the coming era James Ferguson committed to achieve headcount of 360 in five months CryptoWinters Sets Target on Immutable The torn...
Crypto firm Blockchain.com lays off 25% of staff as 3AC fallout spreads
Blockchain co-founder and CEO Peter Smith speaks during the Web Summit tech conference in Lisbon, Portugal on November 6, 2018. Pedro Fiúza | NurPhoto via Getty Images Crypto startup Blockchain.com sa...
USDC issuer Circle lays out its hopes for coming stablecoin policy
Dante Disparte, the leader of Circle’s government work, on July 18 published a set of 19 principles for stablecoin regulation, as part of the company’s efforts to shape US stablecoin polic...
Circle CSO lays out policy principles for stablecoins in US
Dante Disparte, Circle’s chief strategy officer and head of global policy who has previously testified at congressional hearings, has called on United States lawmakers to balance the risks with develo...
FTX Chief Sam Bankman-Fried Lays Out Three of the Biggest Use Cases for Crypto
The chief executive officer of crypto derivatives exchange platform FTX is highlighting three major use cases for digital assets. In a lengthy thread, FTX CEO Sam Bankman-Fried says that cryptocurrenc...
OpenSea Lays Off 20% of Its Staff to Prepare for ‘Prolonged Downturn’
Top NFT marketplace OpenSea has laid off roughly one in five of its employees. CEO Devin Finzer shared via Twitter on Thursday that the company is parting ways with approximately 20% of its workforce...
OpenSea Lays off 20% of Employees to Prepare for a Prolonged Crypto Winter
Leading non-fungible token (NFT) marketplace OpenSea has slashed 20% of its workforce due to the ongoing economic slump, joining the long list of firms that have laid off their employees to stay afloa...
OpenSea lays off 20% of employees
Co-Founder and CEO of the popular non-fungible token (NFT) exchange OpenSea, Devin Finzer, announced two days ago that the company will be forced to drastically reduce the company’s workforce. The pla...
OpenSea lays off 20% of its staff
OpenSea has announced that it will lay off staff in a statement released via its blog yesterday. This has been one of the few happenings across the crypto market as companies continue to find ways to ...
Opensea Lays Off 20% of Staff, Citing Crypto Winter
OpenSea co-founder Devin Finzer has announced on his Twitter account that the company will lay off 20% of its workers. Finzer cited the crypto winter as the driving force behind the decision. He said ...
OpenSea Lays Off 20% of Staff Due to Bear Market
Devin Finzer – CEO of OpenSea – announced on Thursday that roughly 20% of employees have been let go by the NFT marketplace. The move is intended to better prepare the company for up to five years of ...
NFT Market OpenSea Lays Off 20% Of Staff Amid ‘Crypto Winter’
Topline OpenSea, the world’s largest nonfungible token marketplace, disclosed Thursday that it has laid off 20% of its workforce amid a “crypto winter” as NFT sales and prices drop. Devin Finzer and A...
OpenSea Lays Off 20% of Staff
Devin Finzer says OpenSea will still have five years of runway “The reality is that we have entered an unpreceded combination of crypto winter and broad macroeconomic instability.” Co-founder and CEO ...
Victoria’s Secret Resets, Lays Off 5 Percent of Home Office
Victoria’s Secret & Co. is simplifying — and trimming down. The company is bringing together its three lines of business — Victoria’s Secret, Pink and beauty — into “a single, collaborative organi...
EY’s Paul Brody lays out bullish signals for crypto despite market carnage
Considering that significant value has been lost in the cryptocurrency market over the course of the past few months, with over a trillion in fact being wiped out, onlookers are searching for a cataly...
Microsoft lays off a portion of its workforce as part of a ‘realignment’
Microsoft today became the latest Big Tech company to cut jobs during a period of mounting economic uncertainty. Bloomberg reports that the Redmond firm is “realigning business groups and roles&...
Wedbush analyst lays out his bull case for the restaurant stocks
Now is a suitable time for investors to start adding restaurant stocks to their portfolio, says Nick Setyan. He’s a Senior Equity Analyst at Wedbush Securities. Restaurant stocks are near a bott...
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...
Israeli Crypto Company Etoro Lays Off 100 Workers, SPAC Deal Terminated, Company Eyes Private Raise – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Embattled Crypto Lending Platform Celsius Lays Off 150 Workers – crypto.news
Cryptocurrency lending platform Celsius has fired about a quarter of its workforce, days after assuring customers that it is working hard to fix its withdrawals and liquidity issues, according to repo...
Celsius Lays off 150 Workers as Depositors’ Worries Begin to Mount
Embattled crypto lender, Celsius, has laid off 150 employees, representing a quarter of its workforce, according to the latest reports. Israeli news outlet Calcalist reported some of the employees lai...
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 ...
Tesla Lays Off About 200 Autopilot Workers, Most of Them Hourly
(Bloomberg) — Tesla Inc. laid off hundreds of workers on its Autopilot team as the electric-vehicle maker shuttered a California facility, according to people familiar with the matter. Most Read...
Australian Crypto Firm Lays off Workers as the Crypto Winter Bites Harder
As the crypto winter shows little to no end, Australian crypto giant Banxa wants to save itself by rescinding the employment contracts of a cross-section of its workforce. Banxa, a crypto firm based i...
Aussie Crypto Operator Lays off 40% of Staff Citing Crypto Winter: Report
The Australian cryptocurrency operator – Banxa – believes the ongoing bear market will be present for at least another year, which is why the company decided to dismiss almost half of its employees. P...
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...