9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
Hong Kong-based regulated bitcoin exchange OSL will lay off between 40 and 60 experts (~15% of staff). It was reported by The Block, citing sources familiar with the situation. A company representative
Some third-tier bitcoin exchanges are close to bankruptcy. This was stated by FTX CEO Sam Bankman-Fried in an interview with Forbes. The billionaire said he is aware of the risks of providing
Bitcoin mining equipment and services provider Compass Mining has announced the resignations of CEO Whitt Gibbs and CFO Jody Fisher. “Through this restructuring, the company is fully focused on regaining the goodwill
The Financial Review reported that crypto payments provider Banxa will be laying off about 30% of its employees to reduce operating costs in the bear market. According to reports, the layoffs at
Crypto derivatives exchange Bitget plans to double its staff in the next six months, despite the unfavorable market situation. This is stated in the press release. “As we continue to navigate the
European crypto broker Bitpanda announced the layoffs of 730 employees. The company’s management explained this move as a desire to get out of the bear market “financially healthy”. Senior management acknowledged internal
BlockFi has signed a letter of intent with cryptocurrency exchange FTX for a $250 million revolving loan facility. Today @BlockFi signed a term paper with @FTX_Official To provide a $250 million revolving
After spending “hundreds of millions of dollars” on Super Bowl campaigns, sponsorship deals and advertisements, most cryptocurrency companies cut their marketing spend. The Wall Street Journal writes about it. The reason for
Cryptocurrency exchange Bitfinex and Tether are not planning to lay off their employees due to a negative market situation. Blok writes about it. COO In a comment to the publication, Bitfinex Claudia
Bybit will cut its workforce “as the size of the organization outpaces the growth of the business.” This was reported by journalist Colin Wu citing a document from a cryptocurrency exchange. EXCLUSIVE:
