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Bitmain’s Struggle is Real But Analyst Says Crypto Miners are Fine
Just in the past two months, Bitmain has fired more than half of its staff, has closed an entire office in Tel Aviv, has shuffled top management, and removed two of its chief operations officers. And today, the Chinese bitcoin mining giant decided that it would close another overseas workplace – this time in Amsterdam. дальше »
2019-1-14 15:26 | |
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Blockfolio Downsizing, The Latest Victim of Crypto Winter
As the crypto winter gets colder the number of blockchain and crypto companies downsizing will continue to increase. Blockfolio has become the latest to shed staff and put its incubator project on the back burner. дальше »
2019-1-13 10:03 | |
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After Crypto Giants Bitmain & ShapeShift Cut Staff, So Does Blockfolio
Although 2019 has dawned, the crypto “nuclear winter” of yesteryear has yet to entirely abate. Just weeks after Bitmain, ConsenSys, ShapeShift, Huobi, among other Bitcoin-related startups, cut a number of their staff, Blockfolio, which manages one of the most used applications in the industry, also had to wave goodbye to talent. дальше »
2019-1-13 00:00 | |
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Bitmain Puts Its Mega Mining Facility Project in Texas on Ice
Bitmain Technologies is shelving its plans to create a mega Bitcoin mining facility in Rockdale, Texas. The news comes as the Bitcoin mining behemoth continues to downsize both the scale of its operations as well as its staff numbers. дальше »
2019-1-12 23:00 | |
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Canada’s First All-Crypto Legal Firm Opens Its Doors to Global Clientele
Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses. дальше »
2019-1-11 21:17 | |
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ShapeShift Lays Off Staff, Recommits to Investor Freedom
ShapeShift, a prominent token-swapping platform, has added itself to the long list of crypto companies that have performed a major layoff over the course of the crypto winter. According to CEO Erik Voorhees, ShapeShift has just dismissed thirty-seven of its employees—a third of the company’s workforce. дальше »
2019-1-12 20:10 | |
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ShapeShift lays off 37 staff as ‘crypto winter’ takes hold
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. дальше »
2019-1-9 13:04 | |
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Bitcoin Exchange ShapeShift Cuts Third Of Staff In Extended “Crypto Winter”
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. дальше »
2019-1-9 02:00 | |
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The Daily: Epic Founder Addresses Fortnite Crypto Rumors, Robinhood Recruiting in London
In today’s edition of The Daily we cover reports that Robinhood is working under the radar to hire staff in London for an expansion into the U. K. , an auction of seized cryptocurrency in Northern Ireland, and comments from the founder of Fortnite developer Epic Games about rumored cryptocurrency partnerships. дальше »
2019-1-7 14:30 | |
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ConsenSys and AMD Partner to Develop Blockchain Based Cloud Computing
Both AMD and ConsenSys have had what some would describe as a rough ride during the crypto bear market of 2018. The former has seen stock prices plunge 40% in the past four months while the latter has been shedding staff and downsizing. дальше »
2019-1-5 11:18 | |
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As Crypto Companies Increase Layoffs Due to Bear Market, Be Watchful for Whistleblowers
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. дальше »
2018-12-31 20:21 | |
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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. дальше »
2018-12-28 14:00 | |
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Crypto VC Suggests Bitcoin Cash and Litecoin Could Be Ruined Thanks To Bitmain Layoffs
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. дальше »
2018-12-28 00:05 | |
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Bitmain Reportedly Will Sack More Than Half 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. дальше »
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. дальше »
2018-12-27 21:20 | |
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Huobi and Bitmain Planning Layoffs Amid Crypto Bear Market
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. дальше »
2018-12-27 19:59 | |
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Huobi Joins Bitmain In Laying Off Staff Amid Crypto Bear Market Conditions
Bitmain And Huobi To Lay Off Staff Amid Crypto Bear Market Two crypto giants, the mining manufacturer Bitmain and the crypto exchange Huobi, were recently reported to lay off some of their staff amid the price drops that the market has faced in 2018, in which the price of Bitcoin went from almost $20,000 USD […] дальше »
2018-12-26 21:41 | |
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ConsenSys May Be Laying Off Its Team In Droves, But Ethereum’s Joe Lubin Calls The Crypto Bottom
Crypto Market Has Found A Bottom, Claims Ethereum Co-Founder Recent reports regarding the possibility of ConsenSys having to lay off half of its staff have brought a lot of speculation and uncertainty into the crypto community. дальше »
2018-12-23 21:35 | |
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Justin Sun Urges ConsenSys Staff Facing Lay Offs, To Send their Resumes to the Tron (TRX) Foundation
Two days ago, news emerged that ConsenSys was planning on making significant cuts to its staff due to the prolonged crypto bear market of 2018. ConsenSys is an Ethereum (ETH) focused startup incubator that aims at growing the network and bring forth the benefits of blockchain technology and tokenization. дальше »
2018-12-22 13:02 | |
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Saxo Bank Founder Lars Christensen Is Waiting for a Cryptocurrency Panic Sell-Off
Danish Saxo Bank founder Lars Seier Christensen made millions trading BTC, but as the CEO of a bank, he had a hard time persuading his staff to offer crypto services. Now he’s waiting on the sidelines for another panic sell-off before re-entering crypto trading. дальше »
2018-12-20 03:00 | |
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Poor Performing Blockchain and Crypto Businesses Lay Off Staff to Cut Costs as Economy Feels the Pressure
Cryptocurrency and blockchain businesses are feeling the pinch that’s affected the entire market this year. This has seen some of them laying off employees. While this has been happening, the good news is that the turnover rate in the blockchain industry is still lower than that of many other industries. More companies have sacked workers, […] дальше »
2018-12-18 22:25 | |
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Is Donald Trump a Crypto fan? Blockchain and Crypto advocate elevated to White House Chief of Staff
Donald Trump has dealt with a lot of turnover in his administration and most recently he was forced to refill another important position. With the departure of General John Kelly, Trump needed to find his 3rd Chief of Staff in 2 years. дальше »
2018-12-16 17:24 | |
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Downward Crypto Price Trend Leads ETH-based Status.IM Browser to Let Go of a Fourth of Its Team
The bear market of the cryptocurrency world has been affecting more than just the investors. Platforms and even startups are struggling to keep themselves afloat right now. Falling victim to the harsh circumstances of this downward trend, Status. дальше »
2018-12-15 23:24 | |
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Ethereum Community Band Together To Create Crypto Job Board During Hard Times
During the bearish cryptocurrency winter, many blockchain and cryptocurrency-related companies laid off large numbers of staff, from ConsenSys trimming down 13 percent of the team to Steemit laying off 70 percent of their staff. дальше »
2018-12-12 15:00 | |
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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. дальше »
2018-12-10 22:00 | |
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Bitmain Follows Industry Trend, Shutters Operations in Israel
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. дальше »
2018-12-10 20:51 | |
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Crypto Bear Market Has Even Led $15 Billion Bitmain to Lay Off Employees
The ongoing bear market has begun to take its toll on a number of businesses, as many seek to close up operations, reduce staff, or make other changes that impact their ability to stay afloat. The latest cryptocurrency firm to feel pressure due to continued price decline, is the $15 billion-valued mining giant Bitmain. дальше »
2018-12-10 19:59 | |
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ConsenSys CEO is Planning Company Restructure Following Bear Market
The continued bear market is taking its toll on cryptocurrency investors, miners, and businesses alike, and has prompted ConsenSys to consider restructuring its business plans so it can adapt to the new market environment and continue to thrive. дальше »
2018-12-6 23:00 | |
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Bitmain, ConsenSys, Fidelity and More Put $27.5M in the New Crypto Trading Platform
CoinSpeaker Bitmain, ConsenSys, Fidelity and More Put $27. 5M in the New Crypto Trading Platform A Series B funding round of ErisX raised $27. 5 million. The investments will be used to hire staff, create infrastructure, and secure the appropriate steps to develop a regulated market for digital assets. дальше »
2018-12-5 12:54 | |
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Trading Platform Paxful Completes Construction for Second School in Rwanda
Children in the Rwandan village of Kasebigege are being given a greater chance to pursue a sound education as construction on a new school, developed by bitcoin marketplace Paxful, has been completed. дальше »
2018-12-3 22:11 | |
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New Cryptocurrency-Based ETP Arrives in Switzerland
Amun AG, a startup in Zug, Switzerland, has received a license from Swiss authorities to offer a new cryptocurrency exchange-traded product (ETP). An ETP is a blanket term to denote a security that derives its price from an underlying asset (e. дальше »
2018-11-20 02:50 | |
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“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?
Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world. дальше »
2018-11-17 01:42 | |
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OpenRelay Decentralized Crypto Exchange to Apply New Regulatory Policies Following SEC’s EtherDelta Rulings
In October of 2017, Radar Relay had pointed out on some expected changes in their regulatory strategy. Since then, a lot has happened in that, they have managed to offer its service to users in more than a hundred and fifty countries. дальше »
2018-11-15 22:52 | |
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Shifty Principle Uses School Computers to Craft a Crypto Mining Scheme
A Middle School principle in China was fired after staffers uncovered a cryptocurrency mining scheme utilizing school computers. Local media in China have begun to write about a foiled cryptocurrency mining scheme organized by the principal of Puman Middle School. дальше »
2018-11-11 08:45 | |
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Coinbase Staff Shakeups Continue as Customer Service Staff Are Cut
Crypto exchange Coinbase continues its recent shakeup of staff and executives as its customer service staff are cut. Crypto exchange Coinbase recently engaged a series of cuts and shakeups involving staff and executives. дальше »
2018-10-27 14:00 | |
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Coinbase Fires 15 Employees: Crypto Bear Market’s Fault?
Yahoo: Coinbase Purges 15 Remote Customer Support Staffers In an unexpected turn of events, Yahoo Finance‘s Dan Roberts has recently learned that Coinbase, one of the foremost cryptocurrency platforms on Earth, fired a handful of staff members in the past week, indicating that the firm could be cutting costs amid tumultuous market conditions. дальше »
2018-10-27 04:52 | |
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Korean Crypto Exchange Earns Key Government Cybersecurity Certification
South Korean cryptocurrency exchange GOPAX has become the first blockchain company to attain K-ISMS certification, the official standard in Korea for information security management systems. дальше »
2018-10-30 23:51 | |
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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. дальше »
2018-10-19 01:51 | |
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Report: Barclays Puts Its Crypto Trading Desk Plans On Hold
U. K banking giant Barclays has put on hold its plans to put up a crypto trading desk, a report has revealed. The initiative has been shrouded in mystery ever since reports emerged that some of the top staff at the bank were working on the project. дальше »
2018-10-16 23:10 | |
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Gemini Crypto Exchange Hires New Wall Street Executive to Entice Institutional Clients
Gemini Exchange Brings in Wall Street Executive to Entice New Institutional Clients The New York-licensed Gemini Exchange has recently decided to add a new member to their staff. Jeanine Hightower-Sellitto, who used to work on Wall Street as the Chief Operating Officer at the International Securities Exchange (ISE), will be assigned the role of managing […] дальше »
2018-10-10 21:49 | |
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New Venture Capital Fund Secures $100M to Invest in Crypto Startups
Dragonfly Capital Partners, a new crypto-focused venture capital firm, has announced the launch of its first $100 million fund dedicated to investments in crypto assets. Its investors include Okex, Bitmain and other well-known names in the industry. дальше »
2018-10-10 20:40 | |
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