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The Intellivision Amico Is In Big Trouble
9.6.2022
The last we saw of Intellivision’s Amico console, it was trying to sell some NFTs and was being described as a “car crash” of a device. If you thought that meant things couldn’t get any worse for the beleaguered device, though, you have not been paying attention to its development.Read more
FTX will not freeze hiring amid layoffs at other crypto firms, CEO states
7.6.2022
FTX CEO Sam Bankman-Fried explained that the exchange will continue to “keep growing” during the bear market
Bitso Partners With Addem Capital to Provide Cryptocurrency Investment Instruments in Latam
7.6.2022
Bitso, the Mexico-based cryptocurrency exchange, has announced a new partnership with Addem Capital, a debt fund that provides startups and other companies with financing options. The cryptocurrency exchange will process payments for the fund and provide conversion functions, allowing it to accept...
2TM Group, Parent Company of Mercado Bitcoin, Lays off 90 Workers Amid Market Cool Down
5.6.2022
2TM Group, a Latam unicorn and parent company of Mercado Bitcoin, a Latam-based cryptocurrency exchange, has announced it will execute a series of layoffs due to the current market cooldown. The company declared that this action was motivated by the recent global financial scenario changes, making...
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...
Are Exchange Layoffs the First Sign of Crypto Winter, or Is It Already Over?
3.6.2022
Coinbase, Gemini and other crypto exchanges are laying off employees. But the cutbacks have not been as deep as previous market downturns, so far
Crypto.com gets nod in Dubai and FTX launches in Japan
3.6.2022
Crypto.com will have further requirements before its full license is granted in the “near-term” and FTX said the move would allow it to work “directly with Japanese regulators.”
Another Bitcoin Mining Scrutiny, Layoffs at Crypto Exchanges, Binance in Canada + More News
2.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Another Bitcoin Mining Scrutiny, Layoffs at Crypto Exchanges, Binance in Canada + More News
Latam Cryptocurrency Exchange Bitso Announces Layoffs Amidst Expansion to Colombia
28.5.2022
Bitso, one of the biggest cryptocurrency exchanges in Latam, has announced a series of layoffs due to the recent downturn in the cryptocurrency market. The exchange, which has a workforce of 800 workers, has decided to let go of more than 10% of its staff citing a change in the long-term strategy...
Cursed Mafia III Studio Hangar 13 Hit With New Round Of Layoffs
26.5.2022
Hangar 13 can’t catch a break. The studio behind Mafia III, which suffered multiple rounds of layoffs in the years that followed its 2016 launch, is once again on the chopping block. Kotaku has learned that in addition to a steady stream of departures, developers across the studio’s three global...
Argentinian Cryptocurrency Exchange Buenbit Announces Staff Layoffs
25.5.2022
Buenbit, an Argentinian cryptocurrency exchange, has announced a series of layoffs due to the downturn that traditional and crypto markets are currently facing. Buenbit’s co-founder and CEO, Federico Ogue, clarified that this move had nothing to do with the recent Terra ecosystem disaster...
Layoffs At EA Austin Following Split With FIFA
18.5.2022
Electronic Arts is laying off a ton of customer service staff at its Austin office, according to internal emails viewed by Kotaku. One source familiar with the decision told Kotaku that as many as 100 employees could be affected, many of whom supported live operations on FIFA 22. Going forward,...
Sony Cuts PlayStation Jobs Despite Growth
31.3.2022
Sony is cutting up to 90 jobs from its “merchandiser” and retail marketing teams as part of a “global transformation,” according to a new report by Axios. The layoffs come despite the continued growth of PlayStation thanks to the success of the PS5, and some employees were caught off guard by...
Call Of Duty: Warzone Devs Stage Walkout Over Layoffs
6.12.2021
Quality assurance testers and other developers at Raven Software, the Activision studio in charge of the extremely lucrative free-to-play battle royale Call of Duty: Warzone, are walking out on the job today to protest surprise layoffs that were foisted on staff beginning last Friday. The group...
Call of Duty QA Testers Face Layoffs After Reportedly Being Promised Raises By Activision
4.12.2021
Today, contract testers at the Call of Duty studio Raven Software were told that the studio would face layoffs on January 28th of next year, a Call of Duty community manager said on Twitter. A source familiar with the goings-on at the company confirmed to Kotaku that for the next few days in early...
Biggest Layoffs in US Banking History: Analyst Predicts Banks to Cut 200,000 Jobs
18.5.2021
A Wells Fargo analyst has predicted the largest “reduction in U.S. bank headcount in history.” Banks are expected to cut 200,000 jobs as they strive to improve productivity and efficiency amid rising competition from fintech and non-bank financial institutions. US Banking Sector...
Report: More Layoffs Loom As Activision Blizzard Moves To Close European Publishing Offices
19.3.2021
Activision Blizzard is planning to close its publishing offices in Europe and lay off even more employees in the process, according to a new report by GamesIndustry.biz.Read more
Activision Blizzard Esports Announces Layoffs
16.3.2021
Activision Blizzard Esports will lay off around 50 employees, according to a report released today by Sports Business Journal.Read more
Blockchain Bites: Crypto.com Refunds, Sovrin’s Layoffs and AML Bitcoin’s AML Issues
26.6.2020
New York officials have instituted a three-strike rule for crypto firms applying for the BitLicense, the Sovrin Foundation is now volunteer run and Aussies can now buy BTC at their post office
Crypto News Outlet BlockTV Shuts Down, Citing Impact of COVID-19
8.6.2020
Cryptocurrency-focused media startup BlockTV has shut down operations due to the economic strains of the COVID-19 crisis, according to two former employees