Bitcoin Exchange ShapeShift Cuts Third Of Staff In Extended “Crypto Winter”

2019-1-9 02:00

Leading Bitcoin Startup Cuts 37 Staffers Weeks ago, Dovey Wan, a partner at Primitive Capital, leading crypto industry insider, and whistleblower (of sorts), took to her well-followed Twitter soapbox to remark that she expects more layoffs heading into 2019.

Referencing the fact that purging staff in the holiday season is taboo, and shouldn’t be done […]

The post Bitcoin Exchange ShapeShift Cuts Third Of Staff In Extended “Crypto Winter” appeared first on Ethereum World News.

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staff bitcoin → Результатов: 82


Major Crypto Exchange Huobi To Cut Staff, Will Other Startups Follow Suit?

For much of 2018, crypto startups seemed invincible. As Bitcoin (BTC) collapsed, falling to new multi-month lows each and every month, this industry’s participants barely flinched. Yet, as 2018 has come to a head, a number of industry heavyweights have ostensibly fallen victim to financial shortcomings, dropping the guise of fortitude in a hot second, so to.

2018-12-28 14:00


Crypto VC Suggests Bitcoin Cash and Litecoin Could Be Ruined Thanks To Bitmain Layoffs

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2018-12-28 00:05


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Bitmain Reportedly Will Sack More Than Half of Workforce

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2018-12-29 21:20


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Bitmain Reportedly Will Sack Up to 85 Percent of Workforce

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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ConsenSys, Steemit, and SpankChain Axe Staff Due to Bearish Crypto Market

It was not too long ago when euphoria surrounding the cryptocurrency industry reached its tipping point. The industry hit a record high market capitalization of $813 billion on January 8, 2018. Crypto came out of the rooms of geeky software developers and gamers into the mainstream, as almost every other ICO was able to raise millions, if not billions of.

2018-12-10 22:00


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Bitcoin Mining Giant Bitmain Is Collapsing – And It Only Has Itself To Blame

The Israeli research and development arm of cryptocurrency mining giant Bitmain will close, resulting in the firing of all 23 staff due to market “turmoil. ” Glikberg: Bitmain ‘Forced’ To Reevaluate As local media outlet Globes reported December 10, Bitmain, which continues to face financial problems of its own this year, will formally end all activities at its offshoot just three years after it began operations.

2018-12-10 18:00


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Steemit Lays Off Over 70 Percent of Staff Due to Cryptocurrency Market Crash

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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Cryptocurrency Mining Provider GigaWatt Faces Millions of Dollars in Debt

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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SEC Sets Up Open Line of Communication for Fintech Projects With FinHub

The U. S. Securities and Exchange Commission (SEC) has launched a new office to engage with cryptocurrency and blockchain startups. Called the Strategic Hub for Innovation and Financial Technology (FinHub), the division will make it easier for fintech startups to interact with the regulator on related issues and the legal implications of products before they launch them.

2018-10-19 01:51