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Ukraine’s Cyberpolice Expose Members of Crypto Fraud Scheme Making €200 Million a Year
14.11.2022
A report shows Ukrainian Cyberpolice identified members of a group that defrauded people around the world through fake crypto investment offers. The criminal organization maintained offices and customer service centers with thousands of employees in a number of European countries. Cyberpolice...
Elon Musk Tells Twitter Staff Economic Picture Ahead Is Dire — ‘Bankruptcy Isn’t Out of the Question’
13.11.2022
Tesla CEO and Twitter chief Elon Musk has informed Twitter employees that the company’s “economic picture ahead is dire.” Noting that “bankruptcy isn’t out of the question,” the billionaire stressed that “Without significant subscription revenue, there is...
FTX Employees Worldwide Learned of Bankruptcy Along With the Public
11.11.2022
Staff from FTX Japan and other subsidiaries found out about the insolvency filing on Twitter, CoinDesk was told
Bankman-Fried’s Cabal of Roommates in the Bahamas Ran His Crypto Empire – And Dated. Other Employees Have Lots of Questions
10.11.2022
“The whole operation was run by a gang of kids in the Bahamas,” a person familiar with the matter told CoinDesk on the condition of anonymity
Meta Announces Layoffs Affecting 13% of Workforce; More Than 11,000 Employees to Be Fired Amidst ‘Cultural Shift’
9.11.2022
Meta, the social network company, has announced that it will cut 11,000 jobs, letting go of 13% of the employees in its workforce amidst a “cultural shift” in the company. Mark Zuckerberg, CEO of the company, explained this decision was made due to a need to become more “capital...
Meta joins big tech layoffs, lets go of 11,000 employees
9.11.2022
The Facebook parent company announced it will let go of approx. 13% of its current workforce in the first mass layoff in the company’s history
Twitter Begins Mass Layoffs — Elon Musk Says ‘No Choice’ Citing $4M Loss per Day
6.11.2022
Tesla CEO and Twitter chief Elon Musk has begun massive layoffs at the social media company. The billionaire explained that there is no choice since Twitter is losing over $4 million a day. “Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though...
Web3 Gaming Studio Mythical Games Lays Off 10% of Its Employees
4.11.2022
Earlier this week, three top executives departed the developer of play-to-earn video games
US Senators Question SEC Why Its Staff Is Quitting at Highest Pace in 10 Years
3.11.2022
Six U.S. senators have questioned the Securities and Exchange Commission (SEC) why its staff is quitting at a record pace. “Efforts to ram through hurried rulemaking without proper analysis, deliberation or consideration of downstream negative impacts is nothing short of regulatory...
Bankruptcy Judge Denies Celsius’ Motion to Pay Employees $3M in Retention Bonuses – At Least Temporarily
1.11.2022
A federal judge struck down Celsius’ plans to pay out nearly $3 million in retention bonuses to a select group of employees on Tuesday, citing the lack of transparency in the bankrupt crypto lender’s public filings
OSCE Trains Uzbekistan Law Enforcement to Track and Seize Crypto, Search Dark Web
22.10.2022
The Organization for Security and Co-operation in Europe (OSCE) has set out to teach law enforcement officers in Uzbekistan how to conduct crypto and dark web investigations. The regional body recently organized a training course for employees of the country’s security agencies in Tashkent....
GameStop Employees Say They Have To Sell All Sorts Of Random Weird Junk Now
17.10.2022
Not everyone was happy with GameStop’s transition into a toy store, but there was at least some crossover between toys and gaming. Until now. New inventory just came in for GameStop employees, and some of the stock they’re getting aren’t even toys. Read more
Stepn Reportedly to Lay Off 100 Employees Amid Market Downturn, Company Denies It
13.10.2022
Play-to-earn game Stepn, which lets users buy non-fungible token (NFT) running shoes and earn native crypto GMT through jogging, reportedly started a major layoff of its contract workers amid a market downturn – but the team behind the app denies firing staff....
Read More: Stepn Reportedly to...
Meta’s Horizon Worlds Metaverse App Still Too Buggy to Be Used According to Company Executives
10.10.2022
Meta’s VP of Metaverse, Vishal Shah, acknowledged that Horizon Worlds, the flagship app that Meta uses to show the potential of its metaverse, still has many problems affecting its usability. In a recent memo, Shah explains that even Meta’s employees are not using the app so much,...
Report: Even Facebook Isn't Using Its Own Metaverse, Begs Employees To Spend Time In It
7.10.2022
According to a report by The Verge, Meta’s Horizon Worlds metaverse app is so dreadful, even the people making it don’t want to use it. So if you woke up this morning wondering, “I wonder if anyone’s figured out what the metaverse is for?” you can rest assured, it’s still nope.Read more
Indian Crypto Exchange WazirX Lays Off 40% of Its Employees: Sources
1.10.2022
Indian Exchange WazirX has laid off 50 to 70 people out of a workforce of around 150, according to people familiar with the matter
Game Devs And Stadia Employees Alike Were Blindsided By The Sudden Shutdown
30.9.2022
Few thought Google’s troubled streaming service, Stadia, might ever become a dominant player in the gaming industry, but almost no one expected it to shut down so abruptly, including the company’s own employees. Stadia VP Phil Harrison, fast becoming the grim reaper of new gaming initiatives...
Ethereum Merge Vastly Increased Stakefish’s Profile, but 25% of Its Employees Are Gone Anyway
23.9.2022
Layoffs at stakefish took effect on the same day as the Ethereum Merge – just as they were set to play a key role in securing the revamped blockchain
‘GameStop Daycare’ Is A Thing And Employees Are Tired Of It
22.9.2022
Gamers of a certain age have fond memories of that first time they played Super Mario 64 or another Nintendo classic at the demo station in the mall. It felt like you were touching a piece of the future. Maybe you played for hours. What they probably don’t remember is how much it pissed off...
Binance to Open Two Offices in Brazil, Company Hints at Debit Card Launch
21.9.2022
Binance, one of the biggest crypto exchanges by volume traded, has announced its expansion plans for Brazil. The exchange will open two new offices in the country to host 150 employees, who will be able to choose if they want to work in-office or remotely. The company also hinted at the launch of...