The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, revealed that he has asked staff at the SEC to fine-tune compliance for crypto tokens and intermediaries. He emphasized...
Tag: staff
Gary Gensler Asks SEC Staff to Fine-Tune Crypto Compliance — Says ‘Vast Majority Are Securities’ – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, revealed that he has asked staff at the SEC to fine-tune compliance for crypto tokens and intermediaries. He emphasized...
Amber Group cuts staff by 10%: Bloomberg
Singapore-based digital asset company Amber Group recently reduced staff, citing bearish cryptocurrency market conditions. As headcount adjustments occur on a quarterly basis, this year approximately ...
Democrats want probe of airline Covid bailouts over staff buyouts
Airline pilots walk through the Ronald Reagan Washington National Airport on December 27, 2021 in Arlington, Virginia. Anna Moneymaker | Getty Images Two House Democrats have asked a Treasury Departme...
Crypto Miner Core Scientific Forced to Release Staff
Crypto mining company Core Scientific has announced it is reducing its staff by roughly ten percent and that it’s devaluing the value of its assets as the crypto space continues to suffer at press tim...
Bed Bath & Beyond stock tanks after cutting staff, closing stores, and floating share sale
Bed Bath & Beyond (BBBY) stock is getting smoked early Wednesday as investors get more clarity on the mess facing the struggling retailer. On Wednesday morning, in an SEC filing and a press releas...
Afghanistan Shuts 16 Crypto Exchanges, Arrests Staff: Report
Locals involved with crypto exchanges across Herat were reportedly arrested and their shops closed Afghanistan’s Taliban-led central bank banned online foreign exchange trading in June Crypto became c...
Voyager creditors say it should be culling staff not bribing them to stay
Creditors of bankrupt crypto lender Voyager Digital say the company should be looking to slash its workforce rather than pay its employees “retention awards,” according to a motion filed in a New York...
Former OpenSea Staff Asks Court to Withdraw Insider Trading Charges
Following the indictment of Nathaniel Chastain, a former Head of Product at the Non-Fungible Token (NFT) marketplace, OpenSea, a new petition has now been filed by his lawyers, requesting the court to...
Crypto.com moves forward with multimillion-dollar renovation of Staples Center following staff cuts
Despite announcing it would cut its staff by roughly 5% in June and the recent market downturn, cryptocurrency exchange Crypto.com has continued to move forward with an agreement to rebrand the Los An...
Voyager Creditors Object to Bankrupt Firm’s Plan to Reward Key Staff
The lender took no measures to reduce headcount, the creditor committee said There’s no evidence that “key” employees would resign, they added Creditors of bankrupt Voyager don’t want the lender to pa...
Australian Crypto Exchange Cuts 21% of Staff
Aussie cryptocurrency exchange Swyftx has announced that it is laying off 21% of its workforce amid the bear market. Low prices of cryptocurrencies have lowered crypto service platforms’ income, and a...
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...
Terra Exposure Revealed, Hodlnaut Cuts Staff
Hodlnaut distributed a report on its recuperation endeavors and its legal administration process today A spilled part of continuing records uncover that the organization had essentially circuitous ope...
Hodlnaut facing police proceedings, cuts 80% of staff
Holdnaut, the embattled crypto lender, faces police proceedings and revealed that it laid off most of its staff. The Singapore-based crypto firm said there are “pending proceedings” between itself an...
Amid Bearish Phase of Crypto, Swyftx Cuts its Staff by 21%
Australian crypto exchange, Swyftx recently stated about its 21% of staff lay-off. Swyftx reasoned that the cuts of its staff is inflation, recession, and bearish market trend. Swyftx is an Australian...
Crypto Lending Platform Hodlnaut Fires 80% of Working Staff
15 seconds ago | 2 mins read Exchange News Hodlnaut had $187 million in TerraUSD before it crashed to $0. The company reiterated that it had not placed any assets with Celsius. Hodlnaut, a cryptocurre...
Hodlnaut cuts 80% of staff, applies for Singapore judicial management
Cryptocurrency lending firm Hodlnaut has cut most of its workforce and has applied to be placed under judicial management due to bleak financial circumstances. Hodlnaut, which offers interest-bearing ...
Aussie exchange Swyftx cuts staff by 21% amid bear market
Australian crypto exchange Swyftx has had to lay off 21% of its staff to lower costs as it wades through the current bear market. According to a Wednesday note from co-CEOs Alex Harper and Ryan Parson...
Hodlnaut Cuts Staff as Terra Exposure Is Revealed
Key Takeaways Hodlnaut published an update on its recovery efforts and its judicial management process today. A leaked portion of proceeding documents reveal that the company had at least indirect exp...
Hodlnaut Announces Police Enquiry, Cuts 80% of Staff
Troubled crypto lender Hodlnaut today announced that it is subject to a police inquiry, and has had to cut 80% of its workforce. The Singapore-based crypto firm updated its community after it filed fo...
Crypto Lender Hodlnaut Cuts Staff Amid Police Investigation
Hodlnaut has laid off 40 employees to lower expenses Losses suffered by the firm’s Hong Kong subsidiary during the TerraUSD crash hurt its business Singapore-based cryptocurrency lender Hodlnaut is la...
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...
Genesis Cuts 20% of Staff, CEO Steps Down
Crypto broker Genesis has announced that it is cutting back staff by 20% and chief executive officer Michael Moro steps down. According to reports by Bloomberg, the New York-based cryptocurrency broke...
From Genesis To Exodus: Crypto Broker Replaces CEO As It Cut 20% Of Staff
The CEO of institutional cryptocurrency broker Genesis Global Trading, Michael Moro, has announced his resignation and that the company will lay off 20% of its staff. The decision represents additiona...
Genesis CEO Steps Down as Firm Cuts 20% of Staff
Key Takeaways Genesis Trading has announced the replacement of its CEO Michael Moro. It will also cut 20% of its workforce. The company has recently made a slew of new executive hires, however. Genesi...