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Crypto.com Cuts 20% Workforce as Firm Braces for Crypto Winter
The exchange is the latest among the major crypto firms to announce layoffs.
La empresa de software de Ethereum ConsenSys recortará más de 100 puestos de trabajo
CoinDesk estima que se perdieron alrededor de 27.000 puestos de trabajo en la industria de las criptomonedas desde abril, según informes de los medios y comunicados de prensa.
Ethereum Software Firm ConsenSys to Cut Upwards of 100 Staff
CoinDesk estimates nearly 27,000 jobs have been lost across the crypto industry since April, based on media reports and press releases.
Coinbase Cuts Around 20% of Workforce as Crypto Winter Rages
The exchange expects the restructuring to cost $149 million to $163 million.
Crypto Layoffs: Here's the Grim Count Since April
As a bear market sweeps the industry, CoinDesk is keeping a running list of industry players that have cut jobs.
Crypto Bank Silvergate Shares Plunge 46% After $8.1B Withdrawal in Q4 Prompts 200 Job Cuts
The company also said it is writing off its investment in former Facebook stablecoin project Diem.
Crypto Layoffs: Amber Group, Bybit, Kraken, Lemon Cash, Among Firms Forced to Make Mass Job Cuts
As the bear market sweeps the crypto industry, CoinDesk is keeping a running list of industry players that have been forced to cut back on staff.
Coinbase Sheds Roughly 60 Jobs as Cost-Cutting Continues Amid Bear Market
The crypto exchange called the latest reductions “isolated and targeted.”
Bitcoin Higher After October Jobs Report; Fidelity Opens Waiting List for Retail Crypto Product
Bitcoin is trending higher near $21,000 Friday after the U.S. October jobs report revealed 261,000 nonfarm payrolls were added in October, beating economists' forecasts. Financial services giant Fidelity Investments has opened the waiting list for Fidelity Crypto, its crypto product aimed at retail customers. Terraform Labs co-founder Do Kwon may be in Europe, according to Bloomberg.
Bitcoin Higher After October Jobs Report
261,000 U.S. jobs were added in October, beating economists' forecasts. The unemployment rate rose to 3.7% versus expectations for 3.6%. Medley Global Advisors Managing Director Ben Emons discusses the impact of the latest economic data on the crypto markets.
