2019-1-23 01:30 |
Once a top-100 cryptocurrency, Nebulas has laid off more than 60 percent of its staff since July 2018, CoinDesk has learned.
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The NEAR Foundation is laying off 35 staff members, about 40% of its workforce, primarily from marketing, business development, and community teams, amid a restructuring effort. The post NEAR Foundation to Lay Off 40% of Staff While New Web3 Careers Emerge appeared first on BeInCrypto.
2024-1-11 19:44 | |
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Crypto brokerage services provider NYDIG laid off over 100 people in the past few weeks, or about a third of its staff.
2022-10-14 04:50 | |
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Bitcoin mining firm Hut 8 has reportedly laid off roughly half of its staff at facilities in Alberta, Canada
2019-4-5 00:20 | |
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The 2018 price dip has been bloody, and no one has felt the impact more than crypto startups. Hundreds have shut down, with hundreds more laying off staff. The post Ethereum Classic, Consensys, Bitmain, and More: Crypto Startups Are Feeling the Price Dip appeared first on CoinCentral.
2019-1-14 18:37 | |
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The bear market has not been easy on Bitmain. The world’s largest mining company is reportedly changing CEOs and laying off staff, while its IPO plans become less realistic
2019-1-13 16:35 | |
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ShapeShift, a prominent token-swapping platform, has added itself to the long list of crypto companies that have performed a major layoff over the course of the crypto winter. According to CEO Erik Voorhees, ShapeShift has just dismissed thirty-seven of its employees—a third of the company’s workforce.
2019-1-12 20:10 | |
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The “crypto winter” is far from over and cryptocurrency exchange ShapeShift is the latest to fall victim to its harsh ways. In a blog post published yesterday evening, ShapeShift CEO Erik Voorhees announced that he has had to “let 37 employees go.
2019-1-9 13:04 | |
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The ongoing cryptocurrency bear market appears to have claimed yet another victim. The latest digital currency-related firm to announce a restructure is exchange platform Shapeshift. According to a Medium post by the company’s CEO, 37 of Shapeshift’s employees have been laid off.
2019-1-9 03:00 | |
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Crypto exchange ShapeShift has announced a round of layoffs, cutting its staff by a third.
2019-1-9 00:40 | |
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Crypto exchange ShapeShift has announced a round of layoffs, cutting its staff by a third.
2019-1-9 00:40 | |
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Bitmain, the Chinese mining hardware manufacturer who recently applied for listing on the Hong Kong Stock Exchange, has laid off around half of their employees, the company confirmed in a statement: “There has been some adjustment to our staff this year as we continue to build a long-term, sustainable and scalable business.
2018-12-28 00:05 | |
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The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days.
2018-12-29 21:20 | |
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The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days.
2018-12-27 21:20 | |
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According to a report published by Finance Magnets, on December 24, 2018, Bitcoin mining behemoth Bitmain has sacked its entire Copernicus team, which was responsible for the development of the firm’s Bitcoin Cash client.
2018-12-27 20:00 | |
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Bitmain And Huobi To Lay Off Staff Amid Crypto Bear Market Two crypto giants, the mining manufacturer Bitmain and the crypto exchange Huobi, were recently reported to lay off some of their staff amid the price drops that the market has faced in 2018, in which the price of Bitcoin went from almost $20,000 USD […]
2018-12-26 21:41 | |
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Crypto Market Has Found A Bottom, Claims Ethereum Co-Founder Recent reports regarding the possibility of ConsenSys having to lay off half of its staff have brought a lot of speculation and uncertainty into the crypto community.
2018-12-23 21:35 | |
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Blockchain tech company ConsenSys is reportedly spinning out startups it previously supported, and could cut up to 60 percent of its staff
2018-12-21 05:05 | |
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According to a report in The Verge, Ethereum network startup incubator ConsenSys might be about to let go of around 50 to 60 percent of its staff. The publication spoke to undisclosed insiders familiar with the company who painted a dire picture of its current financial standing.
2018-12-21 00:30 | |
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Cryptocurrency and blockchain businesses are feeling the pinch that’s affected the entire market this year. This has seen some of them laying off employees. While this has been happening, the good news is that the turnover rate in the blockchain industry is still lower than that of many other industries. More companies have sacked workers, […]
2018-12-18 22:25 | |
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Status recently laid off 25 percent of its staff and reduced wages for other employees. It says it's committed to delivering on its white paper, improving the app, and building core infrastructure.
2018-12-15 00:19 | |
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Citing the crypto bear market, Status.IM has laid off 25 staffers and asked remaining employees to take a pay cut.
2018-12-14 19:20 | |
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During the bearish cryptocurrency winter, many blockchain and cryptocurrency-related companies laid off large numbers of staff, from ConsenSys trimming down 13 percent of the team to Steemit laying off 70 percent of their staff.
2018-12-12 15:00 | |
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Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra'anana, Israel, according to reports from local news outlet Globes.
2018-12-10 20:51 | |
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The ongoing bear market has begun to take its toll on a number of businesses, as many seek to close up operations, reduce staff, or make other changes that impact their ability to stay afloat. The latest cryptocurrency firm to feel pressure due to continued price decline, is the $15 billion-valued mining giant Bitmain.
2018-12-10 19:59 | |
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It appears the downturn of the cryptocurrency market is having a ripple effect (pun intended) on the industry. Numerous blockchain businesses have been forced to close down or lay off staff to survive – and the latest one is Bitmain.
2018-12-10 16:33 | |
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Outspoken Blockstream CSO Samson Mow took to Twitter today to troll Ethereum production studio ConsenSys. Earlier today, ConsenSys announced that it was laying off 13% of its staff, and Mow did not waste the opportunity to fire shots at ConsenSys.
2018-12-8 08:17 | |
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The bear market – which many optimistically hoped would only span a few months – has swallowed the entire year, and with it, a string of cryptocurrency projects. The latest casualty is ETCDEV, the development team for much of the software adopted by notable alt-coin Ethereum Classic.
2018-12-4 20:33 | |
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Blockchain start-up Steemit drops 70% of its staff Steemit CEO and founder Ned Scott released a post on his blockchain-based social network on November 27th, announcing that his company will be laying off more than 70% of its employees.
2018-11-30 06:54 | |
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Steemit, a decentralized social media platform has laid off 70 percent of its staff due to the prolonged bearish cryptocurrency market. According to a Youtube video posted on November 29, 2018, Ned Scott, the CEO of Steemit mentioned that the company will prioritize a restructuring and undergo further cost reduction strategies to ensure that the company remains economically sustainable.
2018-11-30 00:00 | |
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"We've been forced to lay off more than 70% of our organization and begin a restructuring," says Steemit founder Ned Scott.
2018-11-28 20:10 | |
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In this edition of The Daily, we cover reports that the U. S. exchange Coinbase has laid off some of its remote workforce. We also look at news that Bitfury is considering holding an initial public offering like Bitmain.
2018-10-28 17:59 | |
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GigaWatt, one of Central Washington’s largest companies in the cryptocurrency sector is, unfortunately, facing millions of dollars in debt as cryptocurrency prices fall. According to the Oregonian Times, Giga-Watt’s once upward trajectory is facing a sharp decline as the company explores every legitimate stream of revenue to remain in business.
2018-10-23 19:00 | |
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Leading U. S. cryptocurrency exchange Coinbase is reportedly considering killing off a cryptocurrency index fund product it launched earlier in the year, due to a lack of interest from accredited institutional investors, and it could be the reason key executives are exiting the company for greener pastures.
2018-10-13 21:45 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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“Multiple cases with the SEC, including ours, represent meaningful jobs and productive investment lost due to the SEC’s abuse of power and Congress’s inability to rectify the problem,” founder and CEO Joe Lubin said in a blog post.
The company cited macroeconomic headwinds limiting the company's ability to drive revenue as a reason for the cuts.
Nevada regulators recently ordered the crypto company, which BitGo had planned to buy, to cease operations and noted a shortfall in customer funds.
Alejandro Navia, President of NFT Now, tweeted that the Web3 publication had “over-hired.” Meanwhile, another founder of NFT Now’s Twitter was hacked over the weekend.
Binance has stopped offering certain benefits to its employees on June 19 as the company’s profits continue to decline, according to former employees and internal company messages viewed by the Wall Street Journal.
Binance has laid off over 1,000 workers globally in recent weeks, the Wall Street Journal reported.
Dapper Labs made prior cuts in February and November.