ShapeShift lays off 37 staff as ‘crypto winter’ takes hold

ShapeShift lays off 37 staff as ‘crypto winter’ takes hold
ôîòî ïîêàçàíî ñ : thenextweb.com

2019-1-9 13:04

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.

” This has reduced the company’s size by a third. The news comes as a result of the continued cryptocurrency bear market, as well as ShapeShift’s business model, which financially exposes the business to the volatility of the cryptocurrency market. While this has shown to allow the company to prosper during bull runs, it seems it negatively impacts the…

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shapeshift cryptocurrency business market company crypto winter

Èñòî÷íèê: thenextweb.com

shapeshift cryptocurrency → Ðåçóëüòàòîâ: 69


Ôîòî:

ShapeShift’s Non-Custodial Cryptocurrency Exchange Is Now Live

ShapeShift, a Colorado-based exchange that enables the instant swapping of digital tokens has announced the launch of the Shapeshift Platform, a non-custodial digital assets platform that makes it possible for users to seamlessly buy, sell, trade, hold, watch and interact with crypto-assets, according to a blog post on July 7, 2019.

2019-7-10 01:00


Bitcoin Price Set for Breathtaking Moonshot on the Back of Rising U.S. Debt, Says ShapeShift CEO Erik Voorhees

Erik Voorhees believes the price of Bitcoin will increase on the back of skyrocketing U. S. debt. The Chief Executive Officer of ShapeShift – a Swiss-based cryptocurrency exchange platform, believes that with rising debt profile, investors will have no choice but to invest in virtual currencies leading to the inevitable rise in the price of Bitcoin.

2018-11-12 18:23


Ôîòî:

ShapeShift CEO Rebuts WSJ’s Bitcoin Bash — Crypto Community In Turmoil

WSJ Bashes Crypto, Specifically ShapeShift, For Enabling Money Launders As per a previous Ethereum World News article, the cryptocurrency community fell under fire on Friday, as two reporters and journalists from the Wall Street Journal, one of the most ‘well-respected’ media outlets in the entire world, bashed crypto assets and the platforms backing it for reportedly […] The post ShapeShift CEO Rebuts WSJ’s Bitcoin Bash — Crypto Community In Turmoil appeared first on Ethereum World News.

2018-10-3 05:14


Ôîòî:

ShapeShift Ends Anonymity With Announcement of Mandatory KYC Data Collection

Instant cryptocurrency exchange ShapeShift. io has become the latest cryptocurrency entity to succumb to user data collection as part of a major overhaul to its services. CEO Voorhees: It ‘Sucks’ In a blog post on September 4, CEO Erik Voorhees stated that all ShapeShift users would ultimately face “mandatory” know-your-customer (KYC) requirements in order to exchange cryptocurrency.

2018-9-5 18:00


Ôîòî:

ShapeShift To Require Membership Amid Regulatory Concerns

ShapeShift is launching a new membership program that will become mandatory later this year, the company announced today on its website. The Switzerland-based cryptocurrency platform is ending its “exchange without accounts” policy that enables individuals to privately trade Bitcoins, Ethereum and other digital coins with anonymous counterparties located anywhere in the world.

2018-9-5 01:30


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