Ben Zhou, co-founder and CEO of Bybit, revealed a reorganization plan that includes a drastic reduction in the company’s workforce in response to the ongoing bear market. Bybit announces new round of ...
Tag: Winter
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...
Bybit Cuts Staff As Crypto Winter Drags On
Join Our Telegram channel to stay up to date on breaking news coverage Joining the long list of companies undergoing a workforce reduction, Bybit recently announced that they’ll be cutting off a massi...
Aaron Judge’s Contract Negotiations Will Likely Be Main Event Of Frenzied Winter Meetings
FILE – New York Yankees’ Aaron Judge gestures as he runs the bases after hitting a solo home run, … [+] his 62nd of the season, during the first inning in the second baseball game of...
Tron investors have all the reasons to maintain caution this crypto winter
Tron’s Relative Strength Index (RSI) was overbought at press time TRX’s metrics and market indicators strongly favored the bears Tron’s [TRX] price action of last week was extremely sluggish, as it ...
Bybit to Lay Off 30% of Workforce Amid Colder Crypto Winter
With bitcoin firmly standing below $20,000, it’s visible that the bear market still remains in the spotlight, which harms native businesses. Miners and exchanges have been hit the hardest. Amid numero...
Nobel Prize Laureate Paul Krugman Cautions of Endless Crypto Winter
9 seconds ago | 2 mins read Blockchain News Krugman questions the technology’s usefulness when other centralized options exist. The Nobel prize laureate criticized Bitcoin’s proof-of-work (PoW) consen...
Nobel Prize Laureate Paul Krugman Warns of an Eternal Winter for Blockchain – News Bitcoin News
Nobel Prize-winning economist Paul Krugman has warned about the possibility of a perennial winter for blockchain projects, including crypto. In a recent article published in the New York Times (NYT), ...
Crypto Lacks Utility and Could Be Entering an ‘Endless Winter,’ Says Nobel Prize-Winning Economist Paul Krugman
Nobel Prize-winning economist Paul Krugman thinks crypto could be headed for an “endless winter” as most digital assets fail to prove they have real-life value. In a new opinion piece for the New York...
Ripple (XRP) Price Prediction 2025-2030: Will XRP benefit from the crypto winter?
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject XRP, the world’s 7th largest crypt...
Continued Crypto Winter Forces Kraken Exchange To Reduce Workforce by 30%
Digital asset exchange Kraken is downsizing its workforce as a means of staying afloat during the ongoing crypto winter that continues to pummel the industry. In a new statement, Kraken co-founder and...
Crypto Winter Casualties Continue: Kraken To Lay Off Over 1,000 Employees
Kraken, the world’s third-largest exchange by trading volume, announced cutting off its workforce by 30% to deal with current market conditions. Specifically, the San-Francisco based company has reduc...
Kraken cuts workforce by 30% in an effort to survive crypto winter
Cryptocurrency exchange Kraken announced on Nov. 30 that it has made one of its “hardest decisions” and is cutting down its global workforce by approximately 1,100 people, comprising approximately 30...
Kraken Cuts 30% of Its Workforce to Survive Crypto Winter
The second largest crypto exchange in the U.S., Kraken, has announced that it is laying off around 30%, or 1,100 members of its staff. The announcement was made on Wednesday by Kraken co-founder Jesse...
Crypto exchange Kraken to start layoffs as crypto winter persists
Kraken plans to lay off nearly 30 percent of its overall headcount because of crypto winter The company is providing a number of support for those losing their jobs The second largest crypto exchange...
Kraken cuts 30% of staff to ‘weather crypto winter’
Kraken’s the latest crypto firm to announce mass layoffs. “We’re reducing our global workforce by approximately 1,100 people, or 30 percent, in order to adapt to current market condi...
Kraken Cuts 30% of Workforce Amid Crypto Winter
The crypto market has sunk this year, with bitcoin (BTC) losing 63% of its value since the end of 2021 and the total crypto market cap down more than two-thirds in the past 12 months. Companies that r...
Mark Mobius Predicts BTC To Decline To 10K Level In Extended Crypto Winter
Mark Mobius presents a real picture of BTC. Market downturns and BTC. At the time of writing, BTC is at $16,496.6. What are his Thoughts? The American-born German billionaire investor, Mark Mobius, h...
Fidelity Shrugs Off Crypto Winter, Opens Bitcoin Trading Service for Retail Investors ⋆ ZyCrypto
Advertisement     Fidelity Investments has rolled out a service that enables retail customers to trade Bitcoin. According to reports, several customers received an ema...
Bitfront To Shut Down As Crypto Winter Shows No Signs Of Thawing
Bitfront – a cryptocurrency exchange platform launched in 2020 by Japanese social media company LINE – will now cease its operation following the announcement that was made on Monday. With the develop...
Bitcoin [BTC] retail investors embrace the crypto winter while whales shy away
Bitcoin retail investors have been constantly showing interest in BTC However, velocity, volume, and daily activity continued to decline Bitcoin holders, who have been on the receiving end of sellin...
Airbnb’s Winter 2022 Release — Faster Payments And New Features For All
| Getty Images Key Takeaways Despite facing macroeconomic issues, Airbnb announced its most profitable quarter ever as regular travel closes in on pre-pandemic levels. Airbnb’s stock dropped after pos...
Coinbase Gives Crypto Winter the Cold Shoulder With New Hires
Coinbase has bucked the crypto hiring downtrend by announcing it has filled a number of new positions in Europe. In a statement, the Nasdaq-listed exchange revealed Elke Karskens and Cormac Dinan as ...
National Grid poised to activate emergency winter plan tomorrow after French nuclear outages
The National Grid faces its first major test of winter energy preparation – REUTERS/Darren Staples National Grid is poised to pay households to cut their power demand tomorrow to avert power cut...
Crypto Winter May Be Extended Indefinately as Stock Market Closer to a Bearish Fallout
Bitcoin price is still struggling to hold $16,000 levels as the markets appear to have ignited a fresh fallout. The bears are attempting to regain dominance as the market cap drops below $820 billion....
Dogecoin Price Surges 25% In Crypto Winter, What’s the Reason?
Altcoin News At press time, Dogecoin recorded a 117% surge in its 24h trading volume. Dogecoin holds a fandom of 3.6 million on Twitter. December 6 marks the 9th year in the crypto market. Dogecoin, t...
Institutional Investors Increased Allocations During Crypto Winter, Long-Term Price Outlook Positive – Featured Bitcoin News
A recent survey sponsored by the Nasdaq-listed crypto exchange Coinbase shows that institutional investors increased their allocations during the crypto winter. The firm emphasized that there is “a st...
Russian Soldiers Are Freezing To Death In Eastern Ukraine
Russians huddle in a trench as a drone bomb explodes among them. Via social media The Ukrainian army has deployed some of its best brigades to eastern Ukraine, including the 92nd and 93rd Mechanized B...
Cardano And Dogeliens Are Two Cryptocurrencies To Accumulate In This Crypto Winter
The cryptocurrency market has descended into what most crypto enthusiasts call a crypto winter. This generally refers to a long period where nothing solid sends prices back up, and it may take a while...
Despite Crypto Winter, Bitwise Files for Bitcoin Futures ETF in the US: Report
Over a year after the first Bitcoin futures ETF went live in the States, Bitwise has filed to launch its own such product. This comes despite the ongoing bear market, which has seen prices decline and...
What A Likely Ultra-Short Winter Means For You
Unwanted natural gas is burned off at an oil field on Kharg Island in the Persian Gulf, off the … [+] coast of Iran, 13th March 2000. (Photo by Kaveh Kazemi/Getty Images) Getty Images It’s time ...