[Sep 3 7:16 PM] Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made to align with evolving market demands and internal strategy shifts, was difficult but necessary, according to the CEO…
[Jun 16 10:39 AM] According to sources familiar with the matter, the stablecoin issuer Paxos is cutting 20% of its workforce. This development comes on the heels of Paxos International’s announcement of its yield-bearing stablecoin. Paxos Trims Workforce by…
[Feb 2 11:30 PM] As part of its strategy to recalibrate and enhance operational performance, Polygon Labs will be reducing its workforce by 60, marking a 19% cut. This decision, shared by CEO Marc Boiron, aims at maintaining a lean and efficient team. Polygon Labs…
[Oct 7, 2023 2:30 AM] Blockchain forensics firm Chainalysis is shedding a chunk of its workforce, the second time it’s doing so within this year. The news comes in a difficult period for the whole industry which saw a number of such moves in 2023, against the backdrop…
[Oct 2, 2023 7:20 AM] Chia Network cut a third of its workforce today as the blockchain platform sought to reestablish a lost banking relationship, the company told CoinDesk, further delaying what Chia had hoped would be a rapid path to listing as a public company.
[Sep 29, 2023 2:33 AM] The game's growth is now primarily driven by creator content, meaning lower revenue for Epic as the revenue is shared around more.
[Sep 17, 2023 4:30 AM] Binance founder Changpeng Zhao has commented on the latest executive departures from his company’s American branch. The changes in the U.S. crypto trading firm’s management, including the release of its chief executive, followed similar…
[Sep 16, 2023 3:00 AM] Two more managers at Binance US are reportedly quitting amid another round of layoffs at the troubled cryptocurrency exchange. The departures come while Binance’s U.S. trading platform for digital assets is still under heightened regulatory…
[Sep 15, 2023 12:00 AM] Chief Executive Officer of Binance US, Brian Shroder, has left the company amid an ongoing regulatory crackdown and more job cuts. Shroder’s departure comes two years after he joined the American subsidiary of the world’s largest cryptocurrency…
[Sep 6, 2023 5:30 AM] Mayur Kamat, head of product at Binance, is leaving the crypto exchange which has seen several executive exits in recent months. His and the other departures coincide with an ongoing regulatory clampdown on crypto business that has placed the…
[Aug 11, 2023 9:45 AM] Nevada regulators recently ordered the crypto company, which BitGo had planned to buy, to cease operations and noted a shortfall in customer funds.
[Jul 31, 2023 10:21 AM] Alejandro Navia, President of NFT Now, tweeted that the Web3 publication had “over-hired.” Meanwhile, another founder of NFT Now’s Twitter was hacked over the weekend.
[Jul 17, 2023 10:55 AM] Binance has stopped offering certain benefits to its employees on June 19 as the company’s profits continue to decline, according to former employees and internal company messages viewed by the Wall Street Journal.
[Jul 15, 2023 2:00 PM] Leading crypto exchange Binance has cut hundreds of jobs after a string of executive exits, according to a media report. The news, which comes as the coin trading platform marks its sixth anniversary amid increased pressure from regulators, was…
[Jul 12, 2023 1:30 AM] Changpeng Zhao, CEO of Binance, the largest cryptocurrency exchange in volume traded, has revealed his secret for building a comprehensive team of employees for any startup. According to Zhao, external pressure has contributed to the unity of the…
[Jun 27, 2023 4:04 AM] Trading platform Robinhood (HOOD) has cut 7% of its full-time staff, about 150 employees, in the third round of layoffs since April 2022.
[Jun 2, 2023 1:30 AM] Changpeng “CZ” Zhao has answered the rumors of mass layoffs at Binance, with reports stating that up to 20% of the current workforce of the exchange might be forced to abandon their positions due to poor market conditions. Zhao declared…
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