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Ethics Watchdog Bars US Government Employees From Writing Crypto Policy if Invested
6.7.2022
U.S. officials who are personally invested in cryptocurrencies are now disqualified from working on crypto-related policy and regulation that could impact the value of their assets
Cosmos-Builder Ignite Cuts Headcount by More Than 50%, Ex-Employees Say
2.7.2022
The reductions come amid a crypto market crash, and after the return of Ignite’s controversial ex-CEO
Tensions Rise At Bethesda As Employees Pressure Company On Abortion Measures
1.7.2022
In the wake of Roe v. Wade being struck down last week, many employees at Skyrim maker Bethesda Game Studios and its parent company ZeniMax Media have grown increasingly frustrated by what they see as their employer’s unwillingness to clearly support employees’ access to reproductive healthcare....
LBank Exchange Continues to Hire Amid the Massive Crypto Job Cuts
23.6.2022
PRESS RELEASE. 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 and investors dumping risky assets, as well as certain crypto firms laying off employees...
Study: Today’s Metaverse Still Not Suited for Remote Work
21.6.2022
A study released earlier this month has found that working in the metaverse with the tools available today might decrease the productivity of employees, and also increase their frustration and anxiety related to remote work. 11% of the participants in the study felt so much discomfort that they...
South Korean prosecutors ban Terra employees from exiting the country: report
20.6.2022
Employees of Terra have reportedly been prohibited to exit South Korea as investigations by the prosecutors continue
Elon Musk Hints Twitter Will Integrate Crypto Payments if His Takeover Bid Is Successful
19.6.2022
Tesla CEO Elon Musk has suggested integrating crypto payments into Twitter. “My goal would be to maximize the usefulness of the service,” he told Twitter’s employees in his first all-hands meeting with them. Twitter’s First All-Hands Meeting With Elon Musk, Integrating...
FINRA may hire employees terminated from crypto firms: Report
15.6.2022
“Anybody who is getting laid off from a crypto platform and wants to work for FINRA, give me a call," said president and CEO Robert Cook
Coinbase Reduces the Size of the Firm’s Workforce by 18%
14.6.2022
Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The announcement follows the company’s original plans to slow the hiring process and the firm rescinding a number of employment offers. Coinbase ‘Grew...
Coinbase Says It Grew Too Quickly and Now Lays Off 1,100 Employees
14.6.2022
Major crypto exchange Coinbase said it will reduce its workforce by around 18% in order to cut expenses and increase efficiency ahead of a possible recession.
According to the report submitted to the US Securities and Exchange Commission, on June 14 this year, Coinbase Global, Inc. announced...
Coinbase Will Lay Off Around 1,100 Employees
14.6.2022
The exchange will reduce its workforce by around 18% as part of a cost cutting plan
Crypto Lending Company Blockfi Cuts Staff by 20%
13.6.2022
On Monday, the cryptocurrency lending company Blockfi announced that “market conditions” have had a “negative impact” on the firm’s business and it will be laying off “roughly 20%” of its staff. The message written by Blockfi co-founders Zac Prince...
Overworked GameStop Employees Walk Out, Tell Gamers To Shop Elsewhere
7.6.2022
The GameStop in the Gateway Mall in Lincoln, Nebraska is one of the busiest around, at least according to the person who used to run it. But over the weekend it was closed after four employees decided to walk out and never return over what he says are bad working conditions and a verbally abusive...
Avalanche Co-Founder Emin Gün Sirer Discusses Macro Conditions and AVAX Sliding in Value
5.6.2022
The price of Avalanche has slid significantly since the crypto asset’s all-time high as the token has dropped 83% in value since then. In a recent interview published on May 31, Avalanche co-founder, Emin Gün Sirer, discussed how bear market conditions have impacted cryptocurrencies...
Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms
4.6.2022
As digital currency prices have slid significantly in value during the past few months, the bear market cycle is starting to take its toll on the crypto industry’s workforce. On June 2, Gemini’s co-founders the Winklevoss brothers revealed the company would lay off 10% of...
Coinbase's Abrupt Hiring Reversal Blindsided Would-be Employees
4.6.2022
Coinbase announced it would rescind offers, surprising recruits who told CoinDesk they believed their new roles would be safe
Brazilian Crypto Unicorn 2TM Lays Off Over 80 Employees
3.6.2022
2TM, the holding company for Mercado Bitcoin, Brazil's largest crypto exchange by market valuation, laid off over 80 employees on Wednesday
Middle Eastern Crypto Exchange Rain Lays Off Dozens of Employees: Report
2.6.2022
The move follows news of workforce reductions at a number of crypto exchanges in the U.S. and worldwide
Old Fashion Research Launches $100 Million Latam and Emerging Markets Crypto Metaverse Fund
31.5.2022
A VC company founded by former Binance employees, Old Fashion Research, has announced the launch of a new crypto fund in the midst of the current downturn the market is facing. The fund, which will have $100 million at its disposal, will focus resources on metaverse investments and in carrying...
Top Latin American Crypto Exchange Bitso Lays Off 80 Employees
26.5.2022
The company, which had more than 700 employees before the cuts, counts four million users in the region