Octopus Network, a decentralized app chain network natively built on NEAR Protocol, has announced that it will be “refactoring” to adapt to current market conditions. As part of its refactoring proce...
Tag: staff
Binance CEO and staff allegedly plotted to avoid U.S. and UK regulations
Reuters conducted an investigation into Binance and its CEO, Changpeng Zhao “CZ”, and it appears that they have discovered how the CEO and his employees conspired to avoid regulators in th...
Unicorn Pluralsight Lays Off 20 Percent Of Staff, December 2022
| Getty Images Key Takeaways In a letter to employees, Pluralsight CEO Aaron Skonnard announced the company would be laying off employees, effective immediately. Layoffs have become common in 2022, es...
Micron Sees Late ’23 Memory Rebound. But It’s Cutting Staff And Trimming CapEx.
Micron Technology posted soft results for its fiscal first quarter ended Dec. 1, but the chip maker projected a sharp improvement in conditions for the memory market in the second half of the company’...
Binance acquires Indonesia’s leading exchange, lays off 58% of staff
The world’s largest crypto exchange by market cap, Binance, has acquired one of the leading exchanges in Indonesia. The deal comes as the country still has difficulties regulating the asset class. Acc...
Goldman Sachs To Axe Thousands Of Staff After Announcing Plan To Buy Crypto Companies
As it prepares for a more challenging climate in 2023, investment bank Goldman Sachs plans to lay off up to 8% of its personnel, according to a source with knowledge of the situation, as reported by T...
Changpeng Zhao Issues Internal Warning to Binance Staff About Crypto Winter: Report
Binance CEO Changpeng “CZ” Zhao is reportedly telling his colleagues that the bear market will get worse, but the world’s biggest digital asset exchange will weather the crypto winter. According to a ...
Sam Bankman-Fried and other FTX staff allegedly had ‘Wirefraud’ chat group
Photograph: Saul Loeb/AFP/Getty Images Sam Bankman-Fried and other members of the inner circle of the collapsed cryptocurrency exchange FTX allegedly formed a chat group on the encrypted platform Sign...
3Commas denies staff members stole API keys
Crypto trading firm 3Commas denied its employees’ stolen user’s API keys, claiming the screenshots circulating on social media are fake, and urged affected users to file a police report in...
Amber Group Terminates Sponsorship Deal with Chelsea FC, Lays Off 40% Staff
Amber Group has halted its sponsorship deal with Chelsea and is looking to downsize its workforce as the crypto winter bites hard. Amber Group has reportedly terminated its $25 million sponsorship dea...
Twitter CEO Elon Musk Issues Warning to Staff Over Leaking Data
Bitcoin News Musk issued a stern warning against the release of confidential information. The Tesla CEO allegedly gave Twitter staff till Saturday night at 5 pm to react to his email. According to rep...
Elon Musk Warns Twitter Staff Over Confidential Data Leak
Elon Musk Twitter News: In yet another shocking move, Elon Musk is reportedly threatening to sue Twitter employees who get involved in leaking the company’s confidential information. In an email to th...
Terraform Labs Staff Says Terra Classic Can Enjoy ‘Major Benefits’ From TFL Independence
– Advertisement – Jared believes that the Terra Classic network can gain from TFL independence. Terraform Labs staff Jared, who has recently served as the go-between for TFL and the Terra ...
Amber Group ends Chelsea sponsorship, cuts 40% of staff after FTX collapse
Amber Group, one of Asia’s most prominent cryptocurrency trading and lending firms, has discontinued its retail operations and severed its sponsorship agreement with Chelsea F.C. A source familiar wit...
SEC internal investigator leaves a month after raising staff retention issues
The Securities and Exchange Commission has lost its acting inspector general, a month after he raised problems with the agency’s staff retention under Chair Gary Gensler. Nicholas Padilla ...
Many Koinly staff point to poor communication, CEO in global layoffs
Crypto tax firm Koinly announced cuts of up to 14% of its global team in response to the “intensifying bear market” — but many employees have pushed back against this narrative. In a Dec. 6 announceme...
Crypto Tax Firm Koinly Lays Off 14% of Staff Amid Bear Market
UK-based crypto tax firm Koinly is letting go 14% of its global team, citing the need “to combat the challenging conditions facing the cryptocurrency market and economy at large.” The job cuts will af...
3AC founders and staff hit with subpoenas as feds push for records
Three Arrows Capital (3AC) co-founders Su Zhu and Kyle Davies will be required to hand over “any recorded information” relating to the bankrupt crypto hedge fund after a federal judge greenlit subpoen...
Koinly lays off 14% of staff, cites unfavorable market conditions
London-based early-stage crypto start-up Koinly is downsizing its workforce. Via a circular on Tuesday, the firm revealed that it will lay off 14% due to unfavourable crypto market conditions. The wor...
Bankrupt Crypto Lender Celsius To Release $2.8 Million In Bonuses To Prevent Staff ‘Poaching’
Celsius Network employees are now aware that the company, which filed for Chapter 11 bankruptcy in July, was given the green light from a bankruptcy court judge to distribute $2.8 million in incentive...
Crypto tax startup Koinly cuts 14% of staff
Crypto tax startup Koinly has cut 14% of its staff, a reduction in headcount CEO Robin Singh attributed to a bear market made worse by the collapse of crypto exchange FTX. “We are taking measure...
Customer Fury Over Crypto Lender Celsius Staff Bonuses
Celsius Network won court approval to distribute bonuses worth $2.8 million to its employees. But what about users’ funds? A U.S. bankruptcy court has approved the key employee retention program (KERP...
Morgan Stanley cut about 2% of staff Tuesday, sources say
James Gorman, chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 24, 2019...
Gaming Retail Giant ‘GameStop’ Yet Again Lays Off Staff
9 seconds ago | 2 mins read NFT News The company’s crypto wallet staff was struck especially hard. This year, GameStop debuted an NFT marketplace. According to reports and social media postings from i...
GameStop the Latest to Axe Staff, Mostly Crypto Wallet Engineers
The latest tech giant to lay off more staff this year is GameStop. Furthermore, most of the cuts have been to its crypto wallet division. 2022 has been the year of tech staff layoffs, and the latest c...
Bybit joins leading crypto companies to offload 30% of staff, CEO makes alarming revelations ⋆ ZyCrypto
Advertisement     As the broader fintech market continues to cut down on its staff, cryptocurrency firms have followed suit. In an announcement yesterday, the CEO of t...
Swyftx lays off 40% of staff, CEO blames FTX fallout
Australian cryptocurrency exchange Swyftx has announced it will lay off 40% of its workforce, or about 90 staff members, as a result of a worsening downturn in digital asset markets following the demi...
Aussie Crypto Exchange Dismisses Almost Half of its Staff
The Australian cryptocurrency platform Swyftx laid off 90 of its employees, representing around 40% of its total workforce. CEO Alex Harper assured the company is “well-positioned” to cope with the cu...
Bybit to Lay Off 30% of Staff Amid Crypto Winter
Dubai-based Bybit is a relatively new crypto exchange, founded in 2018, but has managed to accumulate a fair amount of trading, particularly with regard to derivatives. The exchange ranks ninth out of...
Swyftx cuts 40% of staff as it braces against ‘worst-case scenario’
Australian-based crypto exchange Swyftx has laid off a total of 90 staff members, which it said was in preparation for a “worst-case scenario” caused by the fallout of FTX and a potential fall in glob...