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Crypto Layoffs: OpenSea, Blockchain.com, Coinbase, Gemini Among Firms Forced to Make Mass Job Cuts
21.7.2022
As a bear market sweeps the crypto industry, CoinDesk is keeping a running list of industry players that have been forced to cut back on staff
Blockchain.com Cuts 25% Workforce Amid Crypto Bear Market
21.7.2022
Cryptocurrency exchange Blockchain.com is cutting 25% of its workforce, equating to about 150 people
Life after crypto biz: Retrenched staff ponder future in the job market
20.7.2022
Workers weigh up their futures in the cryptocurrency economy as tough market conditions lead to more staff cuts at prominent firms
Gemini cuts more staff as many crypto prices increase: Report
18.7.2022
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
Opensea Cuts 20% of the NFT Market’s Staff, Citing ‘Crypto Winter’ and ‘Macroeconomic Instability’
15.7.2022
The largest non-fungible token (NFT) marketplace by trade volume, Opensea, has announced the company has let 20% of its staff go after CEO Devin Finzer said the layoffs were due to a combination of “crypto winter and broad macroeconomic instability.” Opensea’s decision follows...
React Hooks: The Deep Cuts
13.7.2022
Hooks are reusable functions. They allow you to use state and other features (e.g. lifecycle methods and so on) without writing a class. Hook functions let us “hook into” the React state lifecycle using functional components, allowing us to manipulate …
React Hooks: The Deep Cuts originally...
Compass Mining retrenches 15% of staff, execs to take major pay-cuts
8.7.2022
Compass Mining parts ways with 15% of its workforce while senior employees and executives take major pay-cuts in the wake of the cryptocurrency downturn
Compass Mining Cuts 15% of Staff, Lowers Executive Compensation
7.7.2022
Compass Mining is reassessing its priorities after growing too quickly, the company said in a statement
Crypto Exchange Bullish.com Reportedly Cuts About 10% of Workforce
5.7.2022
The company last week extended the deadline to complete its SPAC merger until the end of 2022
Crypto Chaos Continues as Loans Firm Cuts Withdrawal Limit, 3AC Moves Funds, & Celsius Apparently Pays Maker
5.7.2022
Crypto turmoil continues to deepen in the bear market, with more Celsius-related developments, another crypto loans firm introducing restrictions, and more activity from Three Arrows Capital (3AC) – which appears to have moved some of its funds.
Celsius, which operates the celsius (CEL) token...
Crypto Lender Celsius Cuts 150 Jobs Amid Restructuring: Report
4.7.2022
Withdrawals are still paused and the company has hired restructuring experts as it faces a financial crisis
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
Pokémon Go Studio Cancels Projects, Cuts More Than 80 Staff As It Struggles To Find Next Hit
29.6.2022
The mobile game company behind Pokémon Go, Niantic, is struggling to find its next big hit. And now, a new report claims the studio canceled multiple projects and laid off staff members in an effort to “streamline” operations.Read more
Market Wrap: Finger-Pointing and Job Cuts as Bitcoin Slides Back Toward $20K
28.6.2022
Bitcoin's price fell for a third straight day, and a rally in Chainlink's LINK token faded – as crypto industry recriminations kept coming and stocks slumped
Goldman Cuts Coinbase to ‘Sell’ Due to Fall in Crypto Prices and Industry Activity; Shares Drop
27.6.2022
The company faces a difficult choice between shareholder dilution and effective employee compensation, the report said
Australian Crypto Exchange Banxa Cuts 70 Staff
27.6.2022
The publicly traded crypto exchange said the "crypto winter" drove the decision to reduce headcount by about 30%
European Crypto Exchange Bitpanda Cuts Staff by Hundreds
24.6.2022
Bitpanda announced it is reducing its employee count to 730, down from about 1,000
Voyager Digital cuts withdrawal amount as 3AC contagion ripples through DeFi and CeFi
23.6.2022
Traders brace for more bad news after headlines revealed that Voyager Digital had lent $655 million to Three Arrows Capital. Is another crypto market sell-off on the way?
Voyager Digital Cuts Daily Withdrawal Limit to $10K Amid 3AC Exposure
23.6.2022
Crypto broker Voyager Digital has reduced daily withdrawal limit to $10,000 from $25,000 after revealing its exposure to Three Arrows Capital
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...