Market Wrap: Finger-Pointing and Job Cuts as Bitcoin Slides Back Toward $20K

Bitcoin's price fell for a third straight day, and a rally in Chainlink's LINK token faded – as crypto industry recriminations kept coming and stocks slumped. дальше »

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Goldman Cuts Coinbase to ‘Sell’ Due to Fall in Crypto Prices and Industry Activity; Shares Drop

The company faces a difficult choice between shareholder dilution and effective employee compensation, the report said. 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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Austrian Exchange Bitpanda Cuts Third of Workforce

Austrian exchange Bitpanda cuts almost a third of its workforce as it battens down the hatches for an unpredictable crypto winter. The post Austrian Exchange Bitpanda Cuts Third of Workforce appeared first on BeInCrypto. дальше »

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Ripple To Hire 50 Engineers For Its New Crypto Hub In Canada

Ripple, a prominent provider of blockchain and cryptocurrency solutions, announced on Thursday the opening of a new office in Canada. In the face of the ongoing massive selloff and job cuts in the cryptocurrency market, the San Francisco-based crypto startup is still eyeing expansion, unfazed by the instability. дальше »

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European Crypto Exchange Bitpanda Cuts Staff by Hundreds

Bitpanda announced it is reducing its employee count to 730, down from about 1,000. дальше »

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Voyager Digital cuts withdrawal amount as 3AC contagion ripples through DeFi and CeFi

Traders brace for more bad news after headlines revealed that Voyager Digital had lent $655 million to Three Arrows Capital. Is another crypto market sell-off on the way? дальше »

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Voyager Digital Cuts Daily Withdrawal Limit to $10K Amid 3AC Exposure

Crypto broker Voyager Digital has reduced daily withdrawal limit to $10,000 from $25,000 after revealing its exposure to Three Arrows Capital. дальше »

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LBank Exchange continues to hire amid the massive crypto job cuts

Cryptocurrency exchange LBank has continued to hire more crypto and blockchain talents as well as interns for its global offices. Against the backdrop of extreme volatility in the crypto market andThe post LBank Exchange continues to hire amid the massive crypto job cuts appeared first on AMBCrypto. дальше »

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More Job Cuts Could Be on the Horizon, Says Coinbase Executive

Amidst a slew of layoffs, the chief policy officer at Coinbase, Faryar Shirzad, admitted that further job cuts could come sometime in the future as part of a long-term plan to "operate the company responsibly. дальше »

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MakerDAO Cuts Off Its AAVE-DAI Direct Deposit Module

MakerDAO is temporarily stopping DAI from being minted and deposited in Aave’s crypto lending platform. дальше »

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Binance, Kraken and Polygon Accelerate Hiring in Response to Industry-Wide Job Cuts

The CEO of crypto exchange Binance has revealed that the company is hiring for 2,000 open positions in spite of the recent market downturn. дальше »

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Binance Plans to Hire 2,000 New Employees Against Coinbase & Gemini Layoffs and SEC Investigation

2,000 new employees to be recruited as opposed to rivals' cuts дальше »

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Coinbase Slashes Staff by 18% as Crypto Bear Intensifies 

The largest U.S. crypto exchange is taking drastic measures to ensure its survival. Coinbase Cuts Staff Another crypto exchange is downsizing to survive the crypto winter. Coinbase CEO and co-founder... дальше »

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After BlockFi, Coinbase cuts workforce by 18% as CEO admits to over-hiring

While it is one of the world's biggest crypto-exchanges, it would seem that Coinbase is not immune to the market's downturn either. According to a blog shared by CEO Brian Armstrong, the exchange willThe post After BlockFi, Coinbase cuts workforce by 18% as CEO admits to over-hiring appeared first on AMBCrypto. дальше »

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JPMorgan Cuts Coinbase to Neutral With $68 Price Target; Shares Slump

It will be challenging for the exchange to generate a profit in the near future, the bank’s analysts said. 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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BlockFi Cuts 20% of Workforce Amid Crypto Downturn

BlockFi is firing 20% of its employees due to worsening macroeconomic conditions. BlockFi Anticipates Extended Global Recession BlockFi is letting go of 20% of its workforce. According to a Monday... дальше »

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Crypto.com, BlockFi to Cut Over 400 Jobs Amid Market Rout

The company is the latest crypto firm to announce job cuts, including Gemini, Rain Financial and others. дальше »

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Crypto.com to Cut Almost 260 Jobs Amid Market Rout

The company is the latest crypto firm to announce job cuts, including Gemini, Rain Financial and others. дальше »

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Job Cuts: Crypto Giants Have Different Reactions to the Bear Market

Job cuts: While cryptocurrencies have been in free fall since the end of 2021, the repercussions are now hitting job offers. In the world of tech and cryptos, only Binance seems to be getting by. дальше »

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Crypto Firms, Especially Exchanges, Slash Jobs as Market Rout Continues

Many crypto companies are announcing substantial job cuts and hiring freezes amid challenging times for cryptocurrency and equity markets. дальше »

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Gemini Cuts Staff By 10%, Blames “Crypto Winter”

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.... дальше »

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Winklevoss-Led Gemini Cuts 10% of Staff, Citing ‘Turbulent’ Crypto Market

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.” дальше »

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Top Latin American Crypto Exchange Bitso Lays Off 80 Employees

The company, which had more than 700 employees before the cuts, counts four million users in the region. дальше »

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Argentinian Crypto Exchange Buenbit Cuts 45% of Staff Due to Tech Industry Downturn

The company will focus on its current operations in Argentina, Mexico and Peru, and freeze previous plans to expand into other countries. дальше »

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Russia's updated crypto mining bill cuts tax amnesty for Bitcoin miners

Legislators in the lower house of Russia's parliament also dropped the notion of a special register for mining operators.

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Tether Cuts 17% Of Its Commercial Paper Holdings Over Q1 2022

As per the official report published on May 18, Tether, the issuer of the world’s most used stablecoin, USDT, has cut 17% of its commercial paper holdings and increased United States Treasury bills with this reserve amount to back its stablecoin, USDT. дальше »

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Core Scientific Cuts Hashrate Outlook, Q1 Revenue Misses Estimates

Despite the news, shares of the miner were up in after-hours trading. дальше »

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Binance Cuts Bitcoin-LUNA Perps as CZ Warns Against Algorithmic Stablecoins

It comes after Binance CEO Changpeng Zhao issued a stark warning to respect the market, with a level of caution. Binance Delists COIN-Margined LUNA Perpetuals Binance is taking further steps... дальше »

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Crypto.com Cuts Card Rewards to Customers’ Dismay

Crypto.com announced yesterday that it plans to phase out the staking rewards and slash the cashback rates on its Visa cards on June 1. The move has sent the community... дальше »

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How Crypto Payments Shift Revenue to Creators, Not Platforms

Blockchain cuts out the social media middleman. This article is part of CoinDesk’s Payments Week series. дальше »

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Robinhood cuts its full-time staff by 9%, shares fall sharply

Robinhood CEO Vlad Tenev said in a blog post on Tuesday that the “duplicate… The post Robinhood cuts its full-time staff by 9%, shares fall sharply appeared first on Coin Journal. дальше »

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Robinhood Cuts 9% of Workforce as ‘Hyper Growth’ Slows

CEO Vlad Tenev said the platform’s rapid growth in 2020 and 2021 led to duplication of roles and functions. дальше »

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Meta plans to take 50% of Metaverse sales

Facebook’s parent company, Meta, has announced that it would take a cut of 47. 5% on any virtual asset sales made in its Metaverse.   A look into Horizon Worlds  Meta has announced plans to take cuts of up to 47. дальше »

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Crypto Exchange BitMEX Lays Off 75 Workers

The global job cuts will impact about 25% of the company's workforce and come after plans by a company founded by BitMEX executives to buy a German bank fell through in March. дальше »

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DA Davidson Cuts Miner Stronghold’s Target by 40% Ahead of Earnings

The stock is still “super cheap” compared to other mining peers, analyst says. дальше »

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BitYard Review | Offers A One-Stop Trading Platform

About BitYard BitYard is a cryptocurrency exchange that provides investors and traders with some crypto trading services. Its operation cuts across over 150 countries worldwide and is more reliable due to its fast, safe, and easy performance. дальше »

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Bitcoin Nears $45,000 as Russia Cuts Off Transfers

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Illinois, Georgia Want To Give Tax Cuts For Bitcoin Miners

While some U.S. states push bitcoin miners away, others seek ways to welcome and retain them. дальше »

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Another Bitcoin Blow As 2nd Largest Crypto Mining Nation, Kazakhstan Cuts Off Mining Energy Supply Till February

Kazakhstan officially shuts down energy for Bitcoin miners till February. The oil-rich nation is struggling to keep up with energy demands as BTC hash rate drops. Kazakhstan may stall bitcoins’ slow recovery with its shut down on mining activities. дальше »

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Millennials aren’t the only ones interested in crypto, says Kraken exec

Millennials are showing a greater interest, but adoption cuts across all age groups according… The post Millennials aren’t the only ones interested in crypto, says Kraken exec appeared first on Coin Journal. дальше »

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Ethereum, Shiba Inu, Avalanche Price Analysis: 22 October

Cryptocurrency prices plunged today as Bitcoin declined from the all-time high it hit two days ago. Some altcoins like ETH, SHIB were trading with cuts over the last 24 hours while AVAX appeared to beThe post Ethereum, Shiba Inu, Avalanche Price Analysis: 22 October appeared first on AMBCrypto. дальше »

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Crypto Lender BlockFi Increases All Stablecoin Rates amidst Regulatory Pushback

After making a series of cuts in its interest rates for crypto holdings in 2021, crypto lender, BlockFi has finally made the first increase of this year. BlockFi, which sets the rates based on market dynamics for lending and borrowing, announced this week that starting October 1st, the company is raising increasing rates for all […] The post Crypto Lender BlockFi Increases All Stablecoin Rates amidst Regulatory Pushback first appeared on BitcoinExchangeGuide. дальше »

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Binance Cuts Support for Singapore Users by Barring Spot Crypto Trading and Using Fiat Services

Binance announced on Monday that it is making changes to its offerings for Singapore-based users, according to which starting October 26, 04:00 AM UTC (12:00 PM UTC+8), they won’t be able to access certain functions of Binance. дальше »

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Binance Cuts Singapore Dollar Pairs After Troubles With MAS

The Binance cryptocurrency exchange said that it will soon be ceasing SGD trading pairs, SGD payment options, and is removing its application from the Singaporean app stores. The post Binance Cuts Singapore Dollar Pairs After Troubles With MAS appeared first on BeInCrypto. дальше »

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Yunnan Province Cuts Off Hydropower to Illegal Crypto Mining

The People's Government Office of Yingjiang County, Yunnan Province issued a strict edict forbidding hydropower stations from providing illegal power supply to cryptocurrency mining companies. The post Yunnan Province Cuts Off Hydropower to Illegal Crypto Mining appeared first on BeInCrypto. дальше »

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LocalBitcoins Cuts Deposit, Transaction Fees Between Wallets In Platform To Zero

Person-to-person bitcoin exchange LocalBitcoins has announced it has cut down some fees on the platform to zero. дальше »

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Binance cuts AUD, EUR, GBP trade pairs amidst regulatory crackdowns

Crypto exchange Binance announced it is delisting margin trading pairs for three fiat currencies, namely the Australian dollar (AUD), the Euro (EUR), and the British pound sterling (GBP). The post Binance cuts AUD, EUR, GBP trade pairs amidst regulatory crackdowns appeared first on CryptoSlate. дальше »

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