Foundry Cuts Workforce by 60%: The World’s Largest Bitcoin Mining Pool Restructures

On Monday, Foundry, the world’s largest Bitcoin mining pool, announced a significant reduction in its workforce, laying off approximately 60% of its staff. This decision, confirmed by a report from Blockspace, affects both US and international staff, reducing the company’s headcount from over 250 to around 80-90 employees. дальше »

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Blockchain Developer Alchemy Buys BWare, Pushing Into Europe, Adding About 25% to Staff

Company officials told CoinDesk this was its biggest acquisition to date, bringing on 42 developers and engineers from the Bware team and increasing Alchemy's headcount to 210. дальше »

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This Company Reportedly Just Slashed 30% of Its Web3 & NFT Team Amid Reorganization Plans

EBay reportedly cuts back the staff headcount in its NFT and Web3 department after other tech firms made similar cuts. The post This Company Reportedly Just Slashed 30% of Its Web3 & NFT Team Amid Reorganization Plans appeared first on BeInCrypto. дальше »

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Vivek Ramaswamy Outlines Bold Crypto Plan to Back U.S. Dollar with Bitcoin

Republican presidential candidate Vivek Ramaswamy has unveiled a crypto policy framework, signaling his intention to peg the U.S. dollar to Bitcoin, and gut the SEC’s headcount. дальше »

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OpenSea NFT Marketplace Cuts 50% of Headcount: Reasons

OpenSea CEO and co-founder Devin Finzer announces transition toward OpenSea 2.0 дальше »

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Blocknative Reduces Headcount by Third, After Suspending Work on Relay Project

The company completed a restructuring in the wake of its decision to exit services related to its MEV-Boost Relay, a type of software used by Ethereum network validators. дальше »

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Gemini to invest $24m in India despite current tax regulation

The U.S.-based cryptocurrency exchange also plans to double its headcount in India from 70 to 150 employees. дальше »

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Binance.US CEO Brian Shroder Departs As Company Lays Off 100 Staffers

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Indian crypto exchanges CoinSwitch, CoinDCX cut staff amid market slump

Indian crypto exchanges CoinSwitch and CoinDCX have been struggling to maintain headcount amid bear market and TDS.

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Ripple Marks Significant Growth in Singapore With Five Times Volume Spike

Ripple doubles headcount in Singapore as exec highlights major growth дальше »

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Crypto headcount surges over 100% since 2019 despite implosions

While industry giants like Binance hire and lay off thousands of people, other crypto heavyweights like Tether only have 60 employees. дальше »

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Binance headcount reduction hits 1,000 employees: Report

The ongoing workforce reduction is reportedly global, with customer service workers heavily affected.

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Nansen Slashes 30% of Headcount in Bid to Cut Costs

The company said it has multiple years of runway ahead, despite the need to now reduce expenses. дальше »

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Alibaba Cloud to Downsize Headcount by 7%, with Layoff Signaling Beginning of Its Spinoff Process 

Coinspeaker Alibaba Cloud to Downsize Headcount by 7%, with Layoff Signaling Beginning of Its Spinoff Process  Alibaba Cloud has emerged as an early IPO candidate and will reportedly pursue a 7% staff layoff amid its ‘streamlined’ restructuring. дальше »

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Silvergate Bank to cut 230 staff as it winds down

Silvergate Bank will significantly reduce its staff headcount as it winds down operations, according to an SEC filing submitted May 11. The failed crypto-friendly bank will let go of about 230 employees on May 12, leaving just 80 officers and employees at the firm. дальше »

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DeFi Protocol Balancer Cuts Budget, Slashes Headcount Ahead of Strategy Pivot

The protocol’s service providers have let go of two front-end engineers as they focus on overhauling the platform’s brand. дальше »

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LayerZero raises $120M to expand cross-chain messaging efforts

The new funds will be used to increase headcount and expand the cross-chain messaging protocol’s presence in the Asia-Pacific region. дальше »

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Polygon Labs Cuts Headcount by 20% Despite Holding Over $2 Billion in Treasury

Polygon Labs to reduce headcount by 20% to "unify business operations," despite holding about $2.2 billion in treasury. The post Polygon Labs Cuts Headcount by 20% Despite Holding Over $2 Billion in Treasury appeared first on BeInCrypto. дальше »

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Polygon Labs lays off employees from multiple teams

Polygon Labs has cut its headcount by 20 percent The platform has over $250 million in its balance sheet and nearly 2 billion MATIC Polygon Labs has joined a slew of crypto firms that have lThe post Polygon Labs lays off employees from multiple teams appeared first on AMBCrypto. дальше »

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ConsenSys slashes headcount 11% as chief economist reveals formula for adoption

ConsenSys CEO Joseph Lubin confirmed the company would be cutting 96 of its staff to focus its resources on its core businesses.

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Hong Kong Commits to Become a Crypto Hub as Fidelity-Backed OSL Exchange Cuts Staff

The Hong Kong-based crypto exchange OSL is reducing its headcount, but the country envisions becoming a crypto hub. The post Hong Kong Commits to Become a Crypto Hub as Fidelity-Backed OSL Exchange Cuts Staff appeared first on BeInCrypto. дальше »

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Crypto Exchange Blockchain.com Slashes Headcount for the Second Time, Lays off 28% of Employees

Blockchain. com lets go of 28% of its staff to achieve profitability in 2023. It slashed 25% of its workforce in July 2022, impacted by the collapse of 3AC. The post Crypto Exchange Blockchain. дальше »

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Coinbase Cuts Around 20% of Workforce as Crypto Winter Rages

Crypto exchange Coinbase has said it is planning to reduce its headcount by around 950 employees as part of a restructuring which it expects to be complete by the end of Q2 2023. дальше »

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Huobi's HT Token Turbulent as Exchange Confirms 20% Headcount Reduction

Exchange volume has dropped by 23% as market concern grows around the health of Huobi. дальше »

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Binance secures 14 licenses, grows headcount to 7,500 in 2022

Binance saw steady growth in 2022, securing 14 licenses and increasing its headcount to 7,500 people representing over 100 nationalities. The post Binance secures 14 licenses, grows headcount to 7,500 in 2022 appeared first on CryptoSlate. дальше »

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New Data Shows Over 80,000 Crypto Related Jobs Filled In 2022, Despite Mass Layoffs

The weakening crypto market and contagion among companies as a result of the implosion of the Terra ecosystem in mid-May and the unexpected collapse of FTX last month have had a significant impact on the industry’s headcount, which is perhaps its most important asset. дальше »

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Israel-Based Playtika Confirms 15% Layoff of Workforce 

Coinspeaker Israel-Based Playtika Confirms 15% Layoff of Workforce  In the email that confirmed the latest headcount reduction, the CEO wrote that it was difficult for the company to reach the decision. дальше »

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Leading Crypto and Lending Platform Slashes Jobs, Cancel Chelsea FC Sponsorship

Amber Group, Asia’s leading crypto and lending platform, has slashed its headcount and scrapped a sponsorship deal with Chelsea Football Club. The post Leading Crypto and Lending Platform Slashes Jobs, Cancel Chelsea FC Sponsorship appeared first on BeInCrypto. дальше »

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Australian crypto exchange Swyftx to cut 45% of staff amid crypto winter

Swyftx cuts 90 jobs as the cryptocurrency winter continues to affect more companies. The company follows exchanges like Coinbase, Bybit, and Kraken in reducing its employee headcount to cope with the bear market. дальше »

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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 crypThe post Crypto exchange Kraken to start layoffs as crypto winter persists appeared first on AMBCrypto. дальше »

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CEO of Leading Crypto Market Maker Steps Down

Cryptocurrency market maker also slashed fifth of its headcount after being hit by 3AC implosion дальше »

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Broker Robinhood Slashing Nearly One-Quarter of Workforce

Robinhood's job cuts come after the brokerage slashed 9% of its headcount in April to streamline costs and combat the market rout. дальше »

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SEC Enforcement Head Asks Congress for More Resources to Tackle Crypto Issues

The U.S. Securities and Exchange Commission’s (SEC) enforcement arm has asked Congress for additional resources – including headcount – to shore up its crypto regulation efforts. дальше »

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Gemini eyes further staff cuts to control costs amid crypto winter

Seven weeks after announcing a 10% headcount reduction to survive the winter, crypto exchange Gemini is going for the second round of layoffs to fire another 15%, to cut the costs even more, TechCrunch reported, citing sources. дальше »

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Coinbase ‘grew a ton in 2021’, and is still adjusting, CEO says

Coinbase added to its headcount by 200% year-over-year as crypto saw massive growth. The… The post Coinbase ‘grew a ton in 2021’, and is still adjusting, CEO says appeared first on CoinJournal. дальше »

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Bit2Me to Double Headcount, Make Three Acquisitions

The company seeks to hire 250 employees in the next 12 months. дальше »

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Cosmos-Builder Ignite Cuts Headcount by More Than 50%, Ex-Employees Say

The reductions come amid a crypto market crash, and after the return of Ignite’s controversial ex-CEO. дальше »

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OKX to Increase Staff by 30% Despite Market Downturn

“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. дальше »

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Australian Crypto Exchange Banxa Cuts 70 Staff

The publicly traded crypto exchange said the "crypto winter" drove the decision to reduce headcount by about 30%. дальше »

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Australian Crypto Gateway Solution Cuts Workforce by 40%

The company’s headcount will be reduced by roughly 150 employees дальше »

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Bitpanda announces layoffs citing no compromise on product quality

Witnessing the crypto crashes over the past several weeks from a front-row seat, Bitpanda made the “tough decision” of cutting down its employee headcount to roughly 730 people. дальше »

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Bybit to Reduce Workforce as Crypto Slump Drives Cost-Cutting Measures

Cryptocurrency exchange Bybit is to cut its workforce by as much as 30% in response to its business not growing at the same rate as its headcount, according to a report. дальше »

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Crypto exchange Coinbase slashes staff by 18% amid bear market

After initially slowing down hiring, Coinbase announced plans to reduce its headcount by 18%, with the CEO citing a starting economic recession. дальше »

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BlockFi And Crypto.com Render Hundreds Of Staff Jobless As Crypto Market Bleeds

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 […] дальше »

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Fidelity is doubling its staff to introduce Ethereum offering

Fidelity Digital Assets, a subsidiary of Fidelity Investments, will double its headcount, adding 110 additional tech workers by the end of the year. The post Fidelity is doubling its staff to introduce Ethereum offering appeared first on CryptoSlate. дальше »

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Fidelity Crypto Subsidiary Doubling Workforce Despite Dubious Markets

subsidiary of Fidelity Investments handling Bitcoin custody and trading for institutional investors intends to double its headcount this year. The post Fidelity Crypto Subsidiary Doubling Workforce Despite Dubious Markets appeared first on BeInCrypto. дальше »

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Fidelity Digital Assets Plans to Double Staff This Year: Report

Fidelity Digital Assets, the subsidiary of the financial services giant, plans to double its headcount this year to meet growing demand for crypto trading from institutional investors, the Wall Street Journal reported on Tuesday. дальше »

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Coinbase to slow hiring and expansion due to market downturn

Coinbase announced today that it will slow its hiring process this year and reassess its headcount as it struggles with the market downturn. The post Coinbase to slow hiring and expansion due to market downturn appeared first on CryptoSlate. дальше »

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Blockchain.com acquires SeSocio to cement presence in Latin America

One hundred SeSocio’s employees will join Blockchain.com, immediately bringing its global headcount to 400 people.

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Cryptocurrency derivatives exchange BitMEX opens new office in Vancouver

BitMEX, the popular cryptocurrency derivatives exchange, today announced a geographical expansion by opening up a new office in Vancouver, British Columbia. Initially, BitMEX reports that the office will operate with around 20 employees across a diverse range of functions, and intends to grow its headcount over time. дальше »

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