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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


A Real Bitcoin Supporter is New White House Chief of Staff, Appointed by President Trump

The Trump administration has promoted Mick Mulvaney, the current Direct of the US Office of Management and Budget, as the new White House Chief of Staff. President Trump tweeted, “I am pleased to announce that Mick Mulvaney, Direct of the Office of Management & Budget, will be named Acting White House Chief of Staff, replacing […] дальше »

2018-12-16 19:16


Ethereum-Focused ConsenSys Blockchain Team And Staff Employees Comment On Layoff Issues

ConsenSys To Layoff 13% Of Its Staff, Employees Comment On The Issue It has been recently revealed that blockchain firm, ConsenSys has decided to layoff 13 percent of its staff (of 1200 employees). A Town Hall consisting of chatlogs between the CEO, Joseph Lubin and admin as well as employees was shared in a Coin […] дальше »

2018-12-12 23:25


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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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Bitcoin Mining Giant Bitmain Is Collapsing – And It Only Has Itself To Blame

The Israeli research and development arm of cryptocurrency mining giant Bitmain will close, resulting in the firing of all 23 staff due to market “turmoil. ” Glikberg: Bitmain ‘Forced’ To Reevaluate As local media outlet Globes reported December 10, Bitmain, which continues to face financial problems of its own this year, will formally end all activities at its offshoot just three years after it began operations. дальше »

2018-12-10 18:00


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What we know about the ConsenSys layoffs, as told by a ‘fired’ employee

ConsenSys, the blockchain behemoth powering a swathe of Ethereum-related software, is letting 13 percent of its staff go in a bid to retain a sense of viability. The company confirmed what many believed would be inevitable: the exponential growth enjoyed by Joseph Lubin’s decentralized business experiment can’t, and won’t, go on forever. дальше »

2018-12-7 17:43


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Steemit Lays Off Over 70 Percent of Staff Due to Cryptocurrency Market Crash

Steemit, a decentralized social media platform has laid off 70 percent of its staff due to the prolonged bearish cryptocurrency market. According to a Youtube video posted on November 29, 2018, Ned Scott, the CEO of Steemit mentioned that the company will prioritize a restructuring and undergo further cost reduction strategies to ensure that the company remains economically sustainable. дальше »

2018-11-30 00:00