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Cryptocurrency
SEC’s Gary Gensler seeks for more staff, resources to regulate crypto
advertisement SEC Chairman Gary Gensler, at a public hearing on Dec. 20, 2018, called on U.S. lawmakers for more resources…
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Cryptocurrency
Immutable reportedly lays off 11% of staff after $56M loss
advertisement The Sydney Morning Herald reports that Australian crypto gaming company Immutable will lay off 11% of its workforce on…
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Cryptocurrency
Polygon lays off 20% of staff; Helium sets Solana migration date
advertisement The biggest news in the Cryptoverse on February 21st was Polygon’s announcement of mass layoffs. Meanwhile, wireless hotspot project…
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Cryptocurrency
Polygon sacks 20% of staff, says it remains financially healthy
Ethereum (ETH) Layer 2 protocol Polygon (MATIC) has revealed that it has laid off about 20% of its staff, according…
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Cryptocurrency
Filecoin’s Protocol Labs lays off one-fifth of staff
Protocol Labs has become the latest cryptocurrency company to perform major layoffs. February 3rd Report from Forbes. The company has…
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Cryptocurrency
Bittrex, Chainalysis lay off staff as BTC nears $24K
Crypto exchange Bittrex and crypto analytics firm Chainalysis announced job cuts in early February, but Bitcoin (BTC) is on a…
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Cryptocurrency
BlockFi permitted to pay $10M in staff bonuses in spite of bankruptcy
Bankrupt crypto lending firm BlockFi has been granted court permission to pay staff bonuses worth nearly $10 million, according to…
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Cryptocurrency
Gemini sheds 10% of staff in 3rd layoffs in 8 months
Gemini North American exchange company Gemini is a regulated digital asset exchange and custodian, enabling customers to buy, sell, store…
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Cryptocurrency
Silvergate Capital bank forced to sell assets at loss, fires 40% of staff
Silvergate Capital has been forced to sell loss-making assets to cover an $8.1 billion bank run. In response to the…
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