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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 »
2022-8-19 17:32 | |
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Facebook Lets Its Algorithm To Decide – The Result? 60 Employees Are Fired!
Facebook is the latest major technology corporation to initiate mass layoffs, randomly selecting 60 contractual staff using an algorithm. The displaced contractors at Accenture’s Austin, Texas headquarters were informed of the decision in a Tuesday video call and were not provided a clear explanation as to why they will lose their positions, Business Insider reported […] дальше »
2022-8-19 15:42 | |
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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 »
2022-8-18 19:14 | |
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All Crypto Exchanges Including Binance to be Investigated by SEC: Senator’s Office
There will be no escaping Uncle Sam’s wide sweeping net of crypto regulation according to staff from Senator Cynthia Lummis’ office. The post All Crypto Exchanges Including Binance to be Investigated by SEC: Senator’s Office appeared first on BeInCrypto. дальше »
2022-8-5 08:15 | |
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Robinhood Axes 23% of Staff, Cites “Broad Crypto Market Crash”
Robinhood CEO Vlad Tenev said the layoffs were concentrated in its operations, marketing, and program management departments. Another Robinhood Staff Cut Robinhood is letting go of even more employees. A... дальше »
2022-8-3 12:37 | |
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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 »
2022-7-30 23:14 | |
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NFT Startup Immutable Lays off Staff Despite Boasting of Growth Plans
Australian tech startup Immutable has laid off a number of employees, including senior designers, just months after securing a $200 million funding round. The post NFT Startup Immutable Lays off Staff Despite Boasting of Growth Plans appeared first on BeInCrypto. дальше »
2022-7-28 15:45 | |
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Crypto Market Forecast: Week of July 25th 2022
A curated weekly summary of forward-focused crypto news that matters. This week, the Bitcoin lightning network established a new all-time high capacity, Opensea laid off 20% of its staff, and a new proposal aimed to defend the rights of crypto holders in Texas. дальше »
2022-7-25 15:01 | |
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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 »
2022-7-19 15:40 | |
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US Government Officials Must Now Publicly Declare NFT Holdings
Two weeks after banning crypto-owning government employees from working on policy, the U.S. government is now insisting that staff declare their non-fungible token (NFT) holdings. The post US Government Officials Must Now Publicly Declare NFT Holdings appeared first on BeInCrypto. дальше »
2022-7-20 15:00 | |
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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 »
2022-7-19 10:17 | |
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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 »
2022-7-19 22:17 | |
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Opensea Lays Off 20% of Staff, Fearing Crypto Winter
The Worlds top NFT marketplace Opensea lays off 20 percent of its workforce as a combination of a crypto winter and broad macroeconomic instability brings about a decline for crypto companies. We are all well aware of the crypto winter engulfing anything blockchain, including the related NFT industry. дальше »
2022-7-16 07:50 | |
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Crypto winter touches OpenSea, sacks 20% of staff
Leading non-fungible token marketplace OpenSea CEO Devin Finzer has revealed that the crypto firm laid off about 20% of its staff on July 14. The post Crypto winter touches OpenSea, sacks 20% of staff appeared first on CryptoSlate. дальше »
2022-7-15 06:30 | |
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Crypto Winter Presses On: NFT Marketplace OpenSea Layoffs 20% Of Its Workforce
Co-Founder and CEO at popular non-fungible token (NFT) marketplace OpenSea, Devin Finzer, announced a reduction in the company’s workforce. The platform will let go of 20% of its staff to adjust to the current decline in the crypto industry. дальше »
2022-7-15 23:55 | |
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KuCoin Hits Back at Critics With Plans to Increase Staff Strength by 30%
KuCoin has hit back on rumors that it planned to lay off a portion of its workforce. Instead, the exchange has announced a massive hiring spree of over 300 new positions. The post KuCoin Hits Back at Critics With Plans to Increase Staff Strength by 30% appeared first on BeInCrypto. дальше »
2022-7-15 22:00 | |
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KuCoin CEO Refutes Massive Layoff Rumors Instead Plans To Hire More Staff
It’s not surprising that lots of crypto-related services and firms are making some adjustments to weather the bearish market and KuCoin was among the listed firms that were rumored to reduce staff due to the prevailing crypto winter. дальше »
2022-7-14 23:00 | |
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Celsius Network continues to make moves, prompting calls to resume withdrawals
It’s approaching four weeks since Celsius Network implemented a pause on withdrawals, swaps, and transfers between accounts, citing “extreme market conditions. ” During this time, senior staff has drawn heavy criticism for mismanagement of the company. дальше »
2022-7-8 20:00 | |
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Crypto Winter Makes Celsius To Cut Its Workforce By 25%
Current downtrends in crypto prices have forced many digital asset service providers to reduce their staff to survive in a time when low trading volumes have reduced revenue. Despite the market currently facing significant lows, industry leaders are speculating there is no light ahead, and the market will remain low for the whole of next […] дальше »
2022-7-5 23:00 | |
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Banxa to layoff 30% of workforce to shelter the “crypto winter”
Banxa announced on June 27 that it is laying off 30 percent of its staff, Australian Financial Review reported. The post Banxa to layoff 30% of workforce to shelter the “crypto winter” appeared first on CryptoSlate. дальше »
2022-6-28 10:20 | |
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Bitpanda Sacks A Third Of Staff As Crypto Trading Platform Scales Down
Bitpanda, an Austria-headquartered cryptocurrency trading platform, revealed in a blog post on Saturday that it is reducing its employees to maintain sustainability. As crypto winter starts, Web3 companies are in the uncomfortable situation of laying off employees. дальше »
2022-6-25 10:50 | |
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Terraform Labs Staff Banned From Leaving South Korea: Report
South Korean prosecutors investigating Terraform Labs and its co-founders Daniel Shin and Do Kwon over Terra’s collapse have reportedly imposed a departure ban on current and former employees. Prosecutors Impose... дальше »
2022-6-20 18:33 | |
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Crypto Biz: Crypto carnage pushes Celsius, Three Arrows Capital closer to insolvency, June 9-16
It has been a chaotic week for digital assets. Two firms may be inching closer to insolvency while Coinbase, one of the largest crypto exchanges, laid off almost a fifth of its staff. дальше »
2022-6-18 23:30 | |
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Senators join chorus of disapproval of ‘backdoor regulation’ in SEC staff accounting bulletin
Five Republican senators, including “Crypto Senator” Cynthia Lummis, have sent a letter to the SEC regarding its March bulletin, which established broad new requirements for trading platforms. дальше »
2022-6-18 22:30 | |
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Anthony Scaramucci Reveals Buying Crypto During Crash, Suggests Staying Disciplined
Many crypto investors have sold their assets due to the ongoing market volatility. However, the effects of the crash are still reverberating across all the exchanges and crypto firms. Some lost liquidity and couldn’t sustain users’ demands, while others downsized their staff capacity. дальше »
2022-6-17 11:00 | |
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