Blockchain.com has become the latest crypto company to cut staff, according to a report published by Coindesk on Thursday. The exchange will cut 25% of its staff, approximately 150 people, bringing th...
Tag: staff
Top Crypto Firms That Laid Off Staff Recently
The crypto industry has witnessed a massive downturn, losing about $2 trillion in value since hitting a peak in November. Several crypto exchanges are struggling following the Federal Reserve’s ...
Blockchain.com Laid Off 25% of Its Staff
One of several businesses affected by the failure of cryptocurrency hedge fund Three Arrows Capital is Blockchain.com. Blockchain.com expects to lose the $270 million it owed 3AC in cryptocurrency.&nb...
Former Coinbase Staff Arrested In First Ever Fraud With Insider Trading
In a sensational announcement, the U.S. SEC on Friday charged three people in the first ever crypto insider trading scheme. A former Coinbase product manager had allegedly perpetrated the scheme befor...
Former Coinbase Staff Arrested by U.S Officials Over Insider Trading
Exchange News Traded cryptocurrencies making over $1 million in profits using illicit information. Accused shared info with his brother Nikhil Wahi and a friend, Sameer Ramini. Last week, the SEC and ...
Ex-Coinbase Staff Sued in Insider Trading Case
32-year-old Ishan Wahi, the former Product Manager at Nasdaq-listed trading platform Coinbase Global Inc has been charged to court and was presented to the United States District Court for the Western...
Blockchain.com Cuts Staff by 25%, Executive Salaries Reduced – 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 ...
BlockchainCom Announces 25% Staff Layoff Following 3AC Fallout
BlockchainCom – a crypto financial services company – has let go of 25% of its employees due to harsh market conditions. That’s 150 roles cleared from the firm. A Loss of Momentum As reported by CoinD...
Pence’s Security Staff Wanted To Say Goodbye To Families During Riot—Fearing For Their Lives, Official Says
Topline Members of former Vice President Mike Pence’s Secret Service detail feared for their lives so much during the January 6 riot that they put in calls over their radios to ask colleagues to...
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...
Blockchain.com Cutting a Quarter of Its Staff: Report
Share this article The firm is reportedly closing down its Argentina offices and scrapping its plans to expand to other countries. Blockchain.com Cutting Workforce Blockchain.com is the latest crypt...
Retrenched staff ponder future in the job market
Bleak market prospects continue to afflict the cryptocurrency ecosystem as prominent firms face the tough reality of reducing their workforce to ensure their long-term viability. Nonfungible token (N...
Crypto Exchange Gemini Axes 7% of Its Staff in Second Wave of Layoffs – Exchanges Bitcoin News
Gemini, the cryptocurrency exchange owned by the Winklevoss twins, is laying off more staff. According to reports, the company is axing 7% of its current workforce, as it engages in significant cost-c...
BlockFi Offering Employee Buyouts Just One Month After Cutting Staff by 20%
Cryptocurrency lender BlockFi, which just weeks ago finalized a $400 million loan and potential acquisition terms with crypto exchange FTX, is offering employees buyouts as a way to quietly reduce hea...
Compliance and legal staff among crypto job cut-backs
As some of the largest crypto companies cut back on their staff during the current crypto winter, there is still demand for staff specialised in legal and compliance skills. With the regulatory enviro...
Gemini eyes further staff cuts to control costs amid crypto winter
Seven weeks after announcing a 10% headcount reduction to survive the winter, crypto exchange Gemini is going for the second round of layoffs to fire another 15%, to cut the costs even more, TechCrunc...
Gemini Crypto Exchange Cuts More Staff in Second Round of Layoffs
Gemini has conducted another round of layoffs, according to a TechCrunch report. The company has reduced its workforce by an additional 7% as the effects of crypto winter continue to hit. The Gemini c...
Gemini cuts more staff as many crypto prices increase: Report
Cameron and Tyler Winklevoss’ Gemini has reportedly laid off additional staff more than a month after reports suggested the cryptocurrency exchange cut 10% of its employees. In a Monday report from Te...
New York Yankees Players, Staff Now Able to Convert Salary Into Bitcoin
Investment company NYDIG signed a multi-year partnership with MLB outfit New York Yankees to allow the team’s players to convert part of their salary into Bitcoin. “We’re proud to partner with our hom...
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...
NFT Marketplace OpenSea Cuts Staff By 20% Amid Market Downturn
The bear market has negatively affected the staffing levels at several major crypto firms, and the latest to suffer under the carnage of the price drops is the world’s leading non-fungible token (NFT)...
Opensea Cuts 20% of the NFT Market’s Staff, Citing ‘Crypto Winter’ and ‘Macroeconomic Instability’ – Bitcoin News
The largest non-fungible token (NFT) marketplace by trade volume, Opensea, has announced the company has let 20% of its staff go after CEO Devin Finzer said the layoffs were due to a combination of “c...
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 ...
Crypto winter touches OpenSea, sacks 20% of staff
Leading non-fungible token marketplace OpenSea CEO Devin Finzer has revealed that the crypto firm laid off about 20% of its staff on July 14. Today is a hard day for OpenSea, as we’re letting go of ~2...
KuCoin Hits Back at Critics With Plans to Increase Staff Strength by 30%
KuCoin has hit back on rumors that it planned to lay off a portion of its workforce. Instead, the exchange has announced a massive hiring spree of over 300 new positions. KuCoin, a crypto exchange, di...
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 ...
Twitter CEO Warns Staff of ‘Noise’ Ahead as Company Sues Musk
(Bloomberg) — Twitter Inc. Chief Executive Officer Parag Agrawal warned employees Tuesday that the company’s lawsuit against Elon Musk will create a lot of distractions around the company, encou...
KuCoin CEO Refutes Massive Layoff Rumors Instead Plans To Hire More Staff
It’s not surprising that lots of crypto-related services and firms are making some adjustments to weather the bearish market and KuCoin was among the listed firms that were rumored to reduce staff due...
Google tells staff to act ‘more entrepreneurial.’ Translation: Work harder, or else
Sundar Pichai, boss of Google and its parent Alphabet, told employees to “be more entrepreneurial” and work with “more hunger” in a staff-wide email that warned of consolidatio...