2022-7-20 14:45 |
Workers weigh up their futures in the cryptocurrency economy as tough market conditions lead to more staff cuts at prominent firms. origin »
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The bear market in Bitcoin and altcoins has had a negative impact on staffing levels at major crypto companies, including exchanges, lending platforms and marketplaces.
2022-7-15 00:25 | |
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It’s not surprising that lots of crypto-related services and firms are making some adjustments to weather the bearish market and KuCoin was among the listed firms that were rumored to reduce staff due to the prevailing crypto winter.
2022-7-14 23:00 | |
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It’s approaching four weeks since Celsius Network implemented a pause on withdrawals, swaps, and transfers between accounts, citing “extreme market conditions. ” During this time, senior staff has drawn heavy criticism for mismanagement of the company.
2022-7-8 20:00 | |
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Current downtrends in crypto prices have forced many digital asset service providers to reduce their staff to survive in a time when low trading volumes have reduced revenue. Despite the market currently facing significant lows, industry leaders are speculating there is no light ahead, and the market will remain low for the whole of next […]
2022-7-5 23:00 | |
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“We are mostly focused on increasing our headcount in product and tech,” Lennix Lai, director of financial markets at OKX, said on CoinDesk TV’s “First Mover” program.
2022-6-28 20:56 | |
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Unlike exchanges like Coinbase and Gemini, the derivatives platform plans to increase its staff.
2022-6-23 11:02 | |
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Many crypto investors have sold their assets due to the ongoing market volatility. However, the effects of the crash are still reverberating across all the exchanges and crypto firms. Some lost liquidity and couldn’t sustain users’ demands, while others downsized their staff capacity.
2022-6-17 11:00 | |
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AAX (aax. com), a digital assets exchange platform with offices across the Asia-Pacific region, has announced plans to expand its services further. According to the company, this will happen via fresh recruitment of staff across hundreds of positions.
2022-6-17 17:30 | |
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Crypto platforms Binance, Kraken, and FTX have defied the market by announcing hiring plans as others lay off staff. The post Crypto Exchanges Defy Job Cut Trend and Tease Hiring Plans appeared first on BeInCrypto.
2022-6-16 13:30 | |
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Despite the market conditions and the swelling contagion fears, Nexo is marching on with its growth ambitions. Nexo says its plans to hire more staff amid the current bear market is due to its business model.
2022-6-16 19:03 | |
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After initially slowing down hiring, Coinbase announced plans to reduce its headcount by 18%, with the CEO citing a starting economic recession.
2022-6-14 16:28 | |
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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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BlockFi announced in a blog post Tuesday that it is letting go of a sizable number of staff: 20 percent of its total headcount, or around 170 to 200 employees. Zac Prince, the CEO of the crypto trading and lending platform, tweeted that the job cuts can be traced to a “dramatic change in macroeconomic […]
2022-6-14 11:37 | |
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Cryptocurrency lending platform BlockFi became the fourth crypto company to downsize in order to survive the current market by announcing that it will let 20% of its staff go. The post BlockFi cutting 20% of staff to prioritize profitability goal appeared first on CryptoSlate.
2022-6-14 22:30 | |
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Crypto exchange platform Crypto dot com announced it will be downsizing by 5% and let 260 of its staff go due to current market conditions. The post Crypto.com will lay off 260 people, shrinking by 5% appeared first on CryptoSlate.
2022-6-14 20:00 | |
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FTX will not be scaling back on its staff, according to CEO Sam Bankman-Fried.… The post FTX to hire more people ‘regardless of market conditions’, CEO say appeared first on CoinJournal.
2022-6-8 18:13 | |
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Gemini, the crypto exchange led by billionaire twins Cameron and Tyler Winklevoss, will be laying off a considerable chunk of its staff, owing to the extended downturn of the crypto market.
2022-6-3 22:51 | |
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Gemini, the crypto exchange and custodian run by the billionaire twins Cameron and Tyler Winklevoss, is cutting 10% of its workforce in a bid to survive the crypto market slump....
2022-6-3 18:47 | |
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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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Crypto exchange and custodian Gemini said that it will cut about 10% of its employees, citing “turbulent market conditions that are likely to persist for some time.”
2022-6-2 16:04 | |
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Crypto-specialist recruiters say they have not witnessed a downturn in crypto-related job opportunities, despite a myriad of staff lay-offs in the wider tech industry.
2022-5-19 06:24 | |
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Bank of England plans to hire more staff to study risks to do with the expanding cryptocurrency market
2022-4-22 18:21 | |
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Companies in the US are employing new strategies to get ahead of the curve. The new strategy involves using cryptocurrencies as incentives to attract new staff and clientele. Crypto adoption is at an all-time high as retail and institutional investors are wading into the market.
2021-12-23 19:00 | |
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'It's like your NFT is the wine cellar, but it's in your wallet,' says the staff from World Wide Wines.
2021-12-3 23:00 | |
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US agencies have released an extensive report on stablecoins indicating the potential risks and recommendations to ensure consumer protection. Staff of the agencies consulted with leading market participants, trade associations, experts and advocates.
2021-11-5 14:05 | |
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“We encourage market participants looking to determine whether a digital asset is a security to seek the advice of securities counsel and engage with FinHub staff,” said the SEC.
2021-9-28 19:30 | |
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The Commodity Futures Trading Commission (CFTC) alleges that some of the staff at the… The post Binance under investigation for market manipulation and insider trading appeared first on Coin Journal.
2021-9-20 14:56 | |
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United States authorities have been probing possible insider trading and market manipulation at Binance, and examining whether Binance or its staff members profited by taking advantage of its customerThe post Regulatory action intensifies, Binance asserts 'zero tolerance' for insider trading appeared first on AMBCrypto.
2021-9-18 17:30 | |
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Several executives have left CoinMarketCap, a popular cryptocurrency market aggregator. The staff changeover comes just months after an acquisition by Binance.
2020-9-1 00:41 | |
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After commemorating International Women’s Day this past weekend along with the rest of the world, we realized that we have some pretty amazing women right here on staff at BeInCrypto. So we decided to spotlight them in a feature about the cryptocurrency market, from how they got hooked to where they see the industry going […] The post BeInCrypto Women Shine in Post-International Women’s Day Special appeared first on BeInCrypto.
2020-3-9 17:18 | |
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Mike Novogratz’ Galaxy Digital announced a workforce cut of 13 employees in the coming days, as the company faces challenges on its profits table. The news comes at a time the cryptocurrency market is booming with Bitcoin (BTC) having breached the psychological resistance at $10,000 USD.
2020-2-14 17:57 | |
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The fintech company Revolut is currently seeking to add 3,500 employees to its staff. The current goal of the company is to expand in both developed and developing markets. To be able to do it, the company wants to upgrade its staff from 1,500 to 5,000 people in a period of one year. Nikolay Storonsky, […]
2019-10-1 21:31 | |
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By CCN: For a company that can’t even employ staff members capable enough to direct shoppers to the right aisle, Walmart is taking an enormous gamble asking customers to trust them to enter their homes.
2019-6-8 05:10 | |
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Cryptocurrency exchanges like Bithumb, Coinbase, and Coinsquare have all undergone a phase of lay-offs. Talking about dismissing support staff from exchanges in the bear market, Kraken’s Austin Alexander stated that the unique and volatile nature of the space made it difficult to maintain the staffing aspect.
2019-5-26 01:30 | |
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By CCN: Bitcoin has been booming lately, but Circle, the parent company of crypto exchange Poloniex, announced yesterday afternoon that about 30 employees are leaving as part of “organizational changes.
2019-5-23 03:00 | |
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According to a recent tweet from Jeremy Allaire, the co-founder of crypto startup Circle, he has just made the decision to eliminate (fire) a number of employees. Allaire says that “approximately 30” positions were purged, 10% of the company.
2019-5-22 23:04 | |
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Goxtrade Falsifies Staff Page With Images Of Other People, Along With Fake Contact Information Goxtrade does not have any legitimate contact information for their company’s firm. One of the listed staff members, Amber Baldet, spoke out on Twitter about the matter.
2019-5-18 20:59 | |
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By CCN: Billionaire Elon Musk is in the middle of raising $2. 7 billion in fresh capital from the market through a series of stock offerings. So now would be a very bad time for someone at the company to pop out of Tesla and say something that’s not to Musk’s liking.
2019-5-5 22:00 | |
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Major darknet markets come and go in eras, so it seems, and the current one may be ending. Two of the biggest digital black markets seem to be disappearing, both at the same time.
2019-4-27 21:17 | |
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By CCN: The markets may be moving into the green, but 30 Coinbase engineers will be seeing red tonight after they were reportedly laid off and the firm’s Chicago office closed. It’s a sure sign that despite positive sentiment returning, the crypto bear market is still determined to shrink a few more businesses before it’s over.
2019-4-24 01:07 | |
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By CCN. com: Sirin Labs, founders of the Finney blockchain phone are making 15 of their 60-person team redundant, as crypto winter bites back with sales of its flagship device “less than expected”.
2019-4-21 14:46 | |
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Bitcoin‘s price might have risen lately, but blockchain startups are still reeling from the bite of the bear market. Sirin Labs, the firm behind the “world’s first blockchain phone” has confirmed 25 percent of its workforce has been let go.
2019-4-16 17:41 | |
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Editor’s Note 12 PM GMT 04/12/2019: The original headline for this story included “Trezor” instead of “Ledger”. This was an error done by CCN’s editorial team.
2019-4-13 13:52 | |
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The bear market took its toll on every part of the crypto industry from miners to traders and several companies reported losses for that period and were forced to close down or let go of staff. Even as the market seems to be making a steady recovery, the effects of the slump are still being […]
2019-4-12 00:01 | |
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Hut 8, a Canadian Bitcoin mining firm has laid off more employees, citing poor revenue figures due to the prolonged cryptocurrency bear market of 2018. The Canadian Broadcasting Corporation (CBC) reports that it is the second round of staff cuts, following layoffs earlier in January 2019, as the company reportedly attempts to streamline its operationsRead MoreRead More.
2019-4-7 15:00 | |
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Two commissioners at the US SEC have published digital asset guidelines to help those launching or investing in various cryptos decide whether they fall under existing securities legislation. Whilst not an official SEC ruling, the commissioners behind the guidelines hope that they will aid market participants in determining the legality of a digital asset investment.
2019-4-4 00:00 | |
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Riot Blockchain Records $58 Million Loss For 2018 Since the bear market began, several firms across the crypto and Blockchain industry have reported significant losses. However, the section of the industry that seems to have been hit the worst in the mining sector with many firms closing down, letting go of their staff, trying to […]
2019-4-3 21:18 | |
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Staff at the U.S. SEC have published a framework that can help market participants tell if a digital asset is considered a security
2019-4-3 18:39 | |
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Blocktv is a new televised news source for the cryptocurrency community. News. Bitcoin. com recently visited the company’s headquarters in Israel to see what it takes to air a TV channel dedicated to reporting on the digital assets industry.
2019-4-3 21:33 | |
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Through the collaboration, Axelar will be the first cross-chain protocol to join Microsoft’s Azure marketplace.
According to the protocol’s closing schedule, part of the operations will cease on July 19, while the withdrawal period ends on Aug. 26.
The platform utilizes Bitcoin script and custodial solutions to provide miners with liquidity and investors with bitcoin denominated returns.
This week’s Crypto Biz looks at the crypto industry since the FTX collapse, Tether’s Bitcoin mining in Latin America, Tabi’s funding round and Nvidia’s artificial intelligence machines.
DIBA, the announced marketplace, also introduces the BitMask Bitcoin-only wallet capable of storing unique digital assets.
The traditional art market is opaque, exclusive and difficult for creators to navigate. But Bitcoin could usher in a renaissance.
Civ Kit aims to become a fully-fledged marketplace while retaining the censorship resistant and permissionless nature of open-source tech.