2023-3-1 06:46 |
The number is a stark contrast to over 2,900 employees from the crypto industry let go in January.
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Gemini has conducted another round of layoffs, according to a TechCrunch report. The company has reduced its workforce by an additional 7% as the effects of crypto winter continue to hit. The post Gemini Crypto Exchange Cuts More Staff in Second Round of Layoffs appeared first on BeInCrypto.
2022-7-19 10:17 | |
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he market’s recent bloodbath has resulted in major crypto firms reining in their expansion plans and, in some cases, laying off a sizable portion of their workforce. The post Layoffs Continue with Coinbase, BlockFi and Crypto.
2022-6-14 15:30 | |
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While crypto companies have been faced with major layoffs, things are nowhere as bad as the tech industry or other traditional sectors.
2022-6-11 16:03 | |
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Coinbase, Gemini and other crypto exchanges are laying off employees. But the cutbacks have not been as deep as previous market downturns, so far.
2022-6-4 20:43 | |
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Elon Musk, the Tesla big boss, sent an email to executives announcing layoffs and a global recruiting freeze. Multiple news sites reported on Friday that he ascribed the decision to a “super bad feeling” about the economy.
2022-6-4 16:35 | |
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The Coinbase news follows an announcement of layoffs at fellow exchange Gemini earlier today.
2022-6-3 23:57 | |
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Previous crypto bear markets triggered much bigger layoffs, with some firms like ConsenSys reportedly firing up to 60% of its workforce in 2018.
2022-6-3 17:18 | |
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At a time when most companies across different sectors are dealing with layoffs and other cost-cutting measures triggered by the pandemic, this leading crypto firm had plans of its own. Binance, whThe post Binance CZ: CoinMarketCap to maintain neutrality and independence appeared first on AMBCrypto.
2020-4-7 20:00 | |
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ConsenSys announced on Jan. 4 that it would be cutting the company’s headcount by 14%. This comes after a similar round of painful layoffs in December 2018. Although the crypto...The post Second Round of ConsenSys Cuts Far Less Painful, Says Insider appeared first on Cryptocurrency News.
2020-2-5 18:34 | |
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Bitmain’s co-founder and biggest shareholder claims he is “firmly opposed to layoffs” at the firm after being ousted by current CEO Jihan Wu
2020-1-6 16:04 | |
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Ripple, Inc. looks to be on an expansion spree, despite the industry-wide layoffs with smaller crypto startups. Not even the price drop of XRP seems to faze the company, which is on a mission to offer a payment protocol to compete with SWIFT.
2019-12-18 23:35 | |
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The year 2019 hasn’t been so great for the Indian blockchain and crypto industry, seeing favorable regulations haven’t been circulated and central banks have had a hostile attitude. At the beginning of the year, some crypto exchanges have shut down, not to mention there have been many layoffs.
2019-12-9 19:07 | |
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On what is turning out to be a very sad day on Wall Street given the massive Deutsche Bank layoffs, it’s been a walk in the park for the crypto community. The bitcoin price is barreling toward $12,000 once again, having tacked on five percent in the last 24 hours, and nobody is losing their […] The post Could Deutsche Bank’s Overhaul Be Another Inflection Point for Crypto? appeared first on CCN Markets
2019-7-9 21:30 | |
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Bitcoin and crypto are rising, but Goldman Sachs-backed Circle laid off 10 percent of its workforce blaming a ‘restrictive’ regulatory climate. But is that just a smokescreen to mask Circle’s dwindling user base? SEC Bullish on Bitcoin, Bearish on Alts OK, so we may not call the SEC exactly ‘bullish’ on Bitcoin.
2019-5-22 14:00 | |
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Joseph Lubin, the co-founder of Ethereum and one of the crypto titans, accurately called the bottom of the 2018 bear market. Amidst the mass layoffs and restructuring of ConsenSys, and contrary to the “epic amount of fear, uncertainty, and doubt” in the market, Lubin asserted the industry has a “very bright” and exciting future.
2019-5-4 12:00 | |
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Ever since Bitcoin’s break of its parabolic advance in December 2017, the entire crypto market has been locked in a brutal bear market that’s resulted in companies going under, widespread layoffs, and investors and miners capitulating.
2019-3-21 23:00 | |
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Following a series of recent layoffs and closures within the industry, top Korean exchange Bithumb follows suit by announcing it will cut its workforce in half by the end of this month. While the market is currently showing signs of optimism, this news brings an unwelcome reminder to the realities of an extended bear market.
2019-3-19 19:01 | |
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South Korea’s largest Bitcoin exchange, Bithumb, has announced layoffs of 50%, the latest casualty of “crypto winter. ” B A report in Korean media issued earlier today shows that the exchange will be cutting its staff from 310 to around 150.
2019-3-19 02:20 | |
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Glassdoor Data Reveals That Major Traditional Finance Name Top The Charts For Crypto Employment Opportunities The cryptocurrency industry is seeing a lot of layoffs for employees for different businesses, including mining farms and crypto exchanges.
2019-3-9 22:59 | |
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The latest firm to restructure its operations in light of the bear market is First Digital Assets, who announced on March 4, 2019, that they would be laying off staff and closing its research arm. Damage Control Many companies have been hit hard by the crypto winter and it would seem that many have beenRead MoreRead More.
2019-3-6 14:00 | |
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Dash Core Group will be losing its HR department as well as several members from other teams this month in a bid to reduce expenses and survive.
2019-3-5 16:14 | |
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It has become abundantly apparent that the Bitcoin crash-induced crypto winter hasn’t managed to seduce bears. The crash in the broader cryptocurrency market, which sent investors running en-masse, has resulted in a number of layoffs at this (not so) budding sector’s most preeminent firms.
2019-2-5 16:02 | |
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Kraken announced today its acquisition of Crypto Facilities, the first regulated firm in the world to offer futures on crypto assets several years back. The move could put Kraken, currently the 46th largest bitcoin exchange by adjusted volume, on track to the top 10.
2019-2-5 21:12 | |
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While many employees of crypto platforms and related companies are being forced to leave with substantial layoffs, there are other workers that are taking control of their future by leaving all on their own.
2019-2-2 14:12 | |
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The Singapore based NEM Foundation is the latest to suffer from the prolonged bear market as it faces bankruptcy fears and axes staff. In recent months a number of crypto companies including Bitmain, ConsenSys, Huobi and Blockfolio have downsized and cut staff in the midst of the ever deepening crypto winter.
2019-1-31 10:16 | |
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While the bear market has sparked layoffs at some firms, a survey conducted by CoinDesk found that many companies find the slowdown to be "a blessing."
2019-1-31 01:15 | |
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Since Bitcoin began to tumble in early-2018, crypto investors en-masse have been sitting on their hands, eagerly waiting for the eventual market turnaround. And while hopeful sentiment has begun to mount, especially as this industry’s news cycle indicates that common Joes & Jills shouldn’t be disconcerted, one fund manager believes that crypto will take another.
2019-1-29 18:03 | |
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ConsenSys, ShapeShift, Bitmain, and Huobi are among the notable crypto upstarts that have announced layoffs in recent weeks, citing bids to extend their financial runways. However, other Bitcoin-friendly companies have bolstered their war chests through other mediums, accentuating that venture investors haven’t shirked away from this budding sector.
2019-1-27 00:00 | |
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Have you heard of Steemit, the crypto version of Reddit? If you have never heard about it when it was launched, there is a certainly good chance that you may have heard about it when the company decided to lay off 70% of its staff last year. Steemit was one of the companies that laid […]
2019-1-24 14:47 | |
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On January 22, 2019, Livio Weng Xiaoqi, the chief executive of Huobi Global, insisted that the company is still profitable despite the bear run and event layoffs, as new projects are launched. Beating the Bear Run Within the last year, there have been significant changes in the global cryptocurrency market and not all of them good.
2019-1-23 17:00 | |
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Blockchain payment platform BitPay has announced that 2018 has been their most profitable year, having “processed over a $1 Billion again in payments and set a new record for transaction fee revenue.
2019-1-18 22:47 | |
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Chinese crypto mining juggernaut Bitmain has taken a substantial hit in the recent crypto crash, leading to negative consequences for the company on many fronts. Just today, a source has confirmed with Bitcoin Magazine that the company is shutting down its offices in Amsterdam.
2019-1-15 00:45 | |
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More often than not, the first thing to be cut out of the budget is marketing. When the going gets tough and the coffers start emptying, the first head on the chopping block is usually the marketing intern.
2019-1-12 02:00 | |
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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.
2019-1-9 02:00 | |
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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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Crypto lending has taken off despite the extended bear market of 2018, as these businesses took advantage by catering to both sides of the trade. Crypto Lenders Playing Both Sides of the Field During the extended bear market of 2018, as layoffs soared, and fortunes hemorrhaged, lenders were rubbing their hands in glee.
2019-1-3 22:00 | |
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Even with a few wins for altcoins in the crypto industry, the market has largely seen mostly declines over the course of the last few months. Unfortunately, without the revenue that each of these platforms need, it becomes harder to maintain the size of the original staff.
2018-12-31 20:21 | |
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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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As the price of Bitcoin and cryptocurrencies have fallen by as much as 90 percent from their all-time highs, crypto companies are starting to feel the strain. According to the South China Morning Post, Chinese crypto giants Huobi and Bitmain are planning staff layoffs owing to the almost year-long crypto winter.
2018-12-27 19:59 | |
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CoinSpeaker Bitmain Layoffs Could Pull Down Bitcoin Cash and Litecoin Prices in 2019, Says Crypto VC According to Kyle Samani, after mass discharge of employees, Bitmain would liquidate its crypto-assets worth of $316 million.
2018-12-27 13:58 | |
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The mining giant is losing some weight.
2018-12-27 03:22 | |
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More layoffs announced, Bank of America continues its blockchain research dominance, and analyst sees silver lining to the crypto recession…for institutional investors.
2018-12-27 21:06 | |
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Last year’s cryptocurrency boom likewise created a corresponding rise in job openings in the crypto and blockchain industry. Some top-level executives from banks and financial institutions even switched to what they considered to be an exciting new career path in the nascent crypto industry.
2018-12-12 15:59 | |
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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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Shortly after a wave of layoffs at the Ethereum company ConsenSys, TRON founder Justin Sun offered to help all Ethereum and EOS developers transferring their projects to TRON. The day before, the BitGuild games platform had already done just that.
2018-12-8 04:29 | |
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The Ethereum production startup announced a 13% reduction in its staff just as the ETH market price veered below $100.
2018-12-7 12:57 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Crypto firms are attracting top talents from the traditional financial sector in droves thanks to higher salaries and the prestige of working in the emerging industry. A Bitget report shared with CryptoSlate showed that one-third of applicants for crypto positions have a background in banking and traditional finance.
Quick Take On Jan. 25th, the total Bitcoin sent out by Grayscale equaled roughly 12,213 BTC, translating to an approximate value of $488 million by the current spot price. This figure indicates a drop from the previous day’s transaction volumes, providing evidence of the daily volatility present in Grayscale’s Bitcoin transfers.
Quick Take In an intriguing turn of events, the total Bitcoin supply held in miner addresses has dipped to a level not observed since August 2021. Miner balances hold approximately 1. 187 million Bitcoin, marking a significant departure of 15k BTC since Oct.
WeWork could file for bankruptcy as it seeks to renegotiate lease deals after failing to pay interest to bondholders. The post WeWork to File for Bankruptcy: What’s Next for Crypto Nomads? appeared first on BeInCrypto.
New research unveils the best countries and industries for finding your ideal crypto job, even in unexpected regions.
KuCoin has shut down rumors that it would be laying off 30% of its workforce but admitted there may be some “personnel adjustments” in the future.
The exchange reports its new Indian engineering hub will be second in size to its hub in the United States.