Crypto.com Cuts Staff By Up To 40% – Oryen Network, Binance, And UniSwap Keep Hiring

2,000 employees of the advertising-heavy crypto exchange Crypto. com, which makes up about 40% of its workforce, have already been laid off since July of this year. Initially, the exchange announced only to let go of 260 workers, which is significantly lower. дальше »

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Crypto Exchange Crypto.com’s Downsizing Larger Than Previously Reported: Ad Age

In addition to job cuts of as much as 40% of staff, the company has also been pulling back from marketing deals, according to the story. дальше »

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Stablecoin Issuer Tether Increases US Treasury Portfolio, Cuts Commercial Paper Holdings to Below $50M

The firm had said it plans to bring its commercial paper holdings to zero by the end of the year. дальше »

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Bitcoin Cuts Link With The Stock Market Thanks To A Spike In The Number Of Long-Term Hodlers

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There’s a New Platform for Bitcoin-Investment

SunMining is a professionally-run cloud mining platform for mining Bitcoin using renewable energy sources. This cuts down their electricity costs and increase overall efficiency. дальше »

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The EOS Network successfully completes its consensus upgrade to Antelope Leap 3.1

EOS’s latest Antelope Protocol update cuts the EOS Network Foundation’s ties to Block.one and… The post The EOS Network successfully completes its consensus upgrade to Antelope Leap 3.1 appeared first on CoinJournal. дальше »

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Universal Studios to Add Halloween-themed NFT for Scavenger Hunts

NFT adoption cuts across industries, from fashion to games, sports, and theme parks. Accordingly, the California-based Universal Studios theme park is on the verge of joining the NFT bandwagon to spice up its fun activities. Universal Studios to Introduce NFT… дальше »

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Ford prepares to enter the Metaverse with virtual automobiles and NFTs

A trademark application covering its future efforts in the Metaverse and NFT space comes only a month after the company announced huge staff cuts. дальше »

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Here’s How Chingari Raises the Bar For NFT Marketplaces With Creator Cuts

Powered by blockchain and non-fungible token technology, Web3 stands poised to disrupt the way content creators monetize their work, pulling the rug from under the corporations that previously called the shots. дальше »

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Bitcoin Miner Argo Cuts Year-End Hashrate View Citing Delayed Intel Mining Rigs

The company’s second-half revenue and adjusted EBITDA fell mainly due to the decline in bitcoin prices. дальше »

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Creator Cuts by Chingari: first ever video NFT marketplace launched by the world’s fastest-growing on-chain social app 

On the Chingari app, creators can mint their own videos as an NFT and then monetize them by selling them on Creator Cuts. Buyers of these video NFTs will get 10% of the daily GARI earnings that videos make  Chingari, which was founded in 2018, is the fastest-rising on-chain social media application. дальше »

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Chingari Launches Video NFT Marketplace ‘Creator Cuts’

Creators on the Chingari app can mint their videos and sell them on Creator Cuts Holders of these video NFTs (vNFTs) will receive 10% of the daily GARI earnings of the creators Leading global on-chain social app Chingari has announced the launch of its vNFT marketplace ‘Creator Cuts’. дальше »

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Chingari launches first-ever video NFT marketplace

Chingari (GARI/USD), an Indian-based on-chain social app powered by the GARI token, has launched Creator Cuts, the world’s first-ever video NFT marketplace. Empowering the creator economy Announced today, 23 August, Creator Cuts is a revolutionary project set to boost the growing creator economy. дальше »

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India’s social app Chingari launches the first ever video NFT marketplace

Chingari has announced the launch of Creator Cuts, its video nonfungible token (NFT) marketplace.… The post India’s social app Chingari launches the first ever video NFT marketplace appeared first on CoinJournal. дальше »

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Crypto.com moves forward with multimillion-dollar renovation of Staples Center following staff cuts

"Brave of them... maybe fortune favor them," said one Redditor in response to an artist's rendering of the renovations.

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Bitcoin Price Falls To A Key Resistance Level Of $21,000

There is a dramatic backward sliding movement from the number one cryptocurrency; Bitcoin has been shading off value consecutively for the past few days. The BTC price has gradually reached a trading level that cuts below the 200-weekly moving average (WMA). дальше »

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Hodlnaut Cuts Staff as Terra Exposure Is Revealed

Hodlnaut’s judicial management process has revealed exposure to Terra, while the firm has decided to lay off employees. Hodlnaut Proceedings Continue Hodlnaut is cleaning house as it continues its recovery... дальше »

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Singapore-based crypto lender Hodlnaut cuts 80% jobs

Hodlnaut, a troubled Singapore-based crypto lender, says it has released 80% of its workforce as it looks to execute a recovery plan after its financial health took a major hit. In a blog post Friday, Hodlnaut said that it has laid off 40 employees (constituting 80% of the staff) since halting withdrawals. дальше »

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Hodlnaut cuts 80% of staff, applies for Singapore judicial management

Embattled cryptocurrency lending platform Hodlnaut cuts staff ahead of application for judicial management.

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Aussie exchange Swyftx cuts staff by 21% amid bear market

Australian crypto exchange Swyftx highlighted inflation, a recession, and the bear market as the reasons behind the unfortunate lay-offs. дальше »

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Crypto Lender Hodlnaut Faces Singapore Police ‘Actions’ and Job Cuts

The latest firm to freeze crypto withdrawals is engaged in “proceedings” with Singaporean police. дальше »

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Crypto Lender Hodlnaut Faces Singapore Police ‘Actions’ and Staggering Job Cuts

The latest firm to freeze crypto withdrawals is engaged in “proceedings” with Singaporean police. дальше »

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Genesis CEO Steps Down as Firm Cuts 20% of Staff

Institutional crypto broker Genesis Global Trading has announced that its CEO Michael Moro is resigning and it will be cutting 20% of its workforce. The move marks further fallout from... дальше »

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Crypto Broker Genesis Cutting 20% of Workforce as CEO Michael Moro Exits

Michael Moro, the CEO of crypto broker Genesis has quit as the company cuts 20% of jobs. дальше »

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Axie Infinity cuts rewards from classic game, subtly forcing P2E players to new mode

The team described the move as part of its efforts to balance the economy for the Smooth Love Potion token.

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Crypto Miner Core Scientific Cuts 10% of Staff, Keeps Hashrate Projection

The miner’s second quarter revenue almost doubled compared to last year. дальше »

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Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts

The mining firm reported it “completely powered-down its Texas data center operations on several occasions” in July to support the state's power grid operator. дальше »

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Robinhood cuts a further 23% of its workforce citing “Broad Crypto Market Crash”

Robinhood Markets Inc. (NASDAQ: HOOD), on Tuesday, announced that it will have to lay off a further 23% of its workforce after laying off 9% at the beginning of this year. The online brokerage firm blamed the declining crypto market for the drastic move. 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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CoinFLEX cuts staff amid efforts to trim costs by up to 60%

CoinFLEX co-founders Sudhu Arumugam and Mark Lamb say the goal is to be lean staff-wise… The post CoinFLEX cuts staff amid efforts to trim costs by up to 60% appeared first on CoinJournal. дальше »

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CoinFLEX Makes “Significant” Staff Cuts Due to Recovery Costs

CoinFLEX has laid off a “significant” portion of its team as it attempts to recover from insolvency and compensate users who are unable to withdraw their funds. CoinFLEX Announces Significant... дальше »

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CoinFLEX announces staff cuts as part of measures to reduce costs by up to 60%

“The intention is to remain right-sized for any entity considering a potential acquisition of or partnership opportunity with CoinFLEX,” said the exchange. дальше »

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Japan Crypto Advocates Propose Tax Cuts to Stem Talent Exodus

Japanese cryptocurrency advocacy groups will petition the government to relax corporate tax regulations, allowing the growth of the country's digital asset industry. The post Japan Crypto Advocates Propose Tax Cuts to Stem Talent Exodus appeared first on BeInCrypto. дальше »

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Japanese lobbying groups wants tax cuts to maintain crypto-talent

According to reports, cryptocurrency lobbying organizations in Japan plan to push lawmakers to lower the tax rates on the local digital asset sector. As a result, professionals in the field are more lThe post Japanese lobbying groups wants tax cuts to maintain crypto-talent appeared first on AMBCrypto. дальше »

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Compass Mining to add 25,000 ASIC miners just weeks after staff cuts

The Bitcoin mining company plans to expand its fleet of mining devices, coming on the back of staff lay-offs and executive salary cuts just weeks before. дальше »

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Crypto Layoffs: OpenSea, Blockchain.com, Coinbase, Gemini Among Firms Forced to Make Mass Job Cuts

As a bear market sweeps the crypto industry, CoinDesk is keeping a running list of industry players that have been forced to cut back on staff. дальше »

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Blockchain.com Cuts 25% of Its Workforce Amid Crypto Bear Market

Cryptocurrency exchange Blockchain.com is cutting 25% of its workforce, equating to about 150 people. дальше »

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Texas Bitcoin Miners Go Live Again After Power Outage 

Bitcoin miners in the Lone Star State are back in action after halting operations over power cuts at the start of the month. The post Texas Bitcoin Miners Go Live Again After Power Outage  appeared first on BeInCrypto. дальше »

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Life after crypto biz: Retrenched staff ponder future in the job market

Workers weigh up their futures in the cryptocurrency economy as tough market conditions lead to more staff cuts at prominent firms. 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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Gemini Crypto Exchange Cuts More Staff in Second Round of Layoffs

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. дальше »

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Gemini cuts more staff as many crypto prices increase: Report

A source close to the crypto exchange reportedly said there were 68 fewer employees on the company’s Slack channel as of Monday, suggesting Gemini had cut roughly 7% of its staff. дальше »

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Compass Mining Cuts 15% of Staff, Lowers Executive Compensation

Compass Mining is reassessing its priorities after growing too quickly, the company said in a statement. дальше »

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Crypto Exchange Bullish.com Reportedly Cuts About 10% of Workforce

The company last week extended the deadline to complete its SPAC merger until the end of 2022. дальше »

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CoinLoan cuts down on its daily withdrawal cap by 99%

Cryptocurrency lending firm CoinLoan has declared it will reduce its $5,000 daily withdrawal cap from $500,000. The new $5,000 daily withdrawal cap for consumers is a 99% reduction from its prior cap. дальше »

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Crypto Lender Celsius Cuts 150 Jobs Amid Restructuring: Report

Withdrawals are still paused and the company has hired restructuring experts as it faces a financial crisis. дальше »

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Fired: 3,500 Crypto Specialists Without Work, More Layoffs to Come

Over 3,500 specialists have been affected by massive cuts in the cryptocurrency market, but it looks like the worst is yet to come. The post Fired: 3,500 Crypto Specialists Without Work, More Layoffs to Come appeared first on BeInCrypto. 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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Tether Reduces Commercial Paper Reserves by Another $5B

USDT issuer Tether is shifting its reserves away from commercial paper to low-risk U.S. treasury bills. Tether Cuts Paper Asset Reserves Tether is reducing its commercial paper reserves. The USDT... дальше »

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June roundup: Who's hiring and who's firing in the crypto space

Binance, Ripple and Kraken are hiring, while Coinbase, Gemini, and Crypto.com have announced staff cuts.

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