Layoff

XRP Rallies 50% in Last Week After Ripple's Partial Win; Binance Reportedly Cuts Workforce
XRP Rallies 50% in Last Week After Ripple's Partial Win; Binance Reportedly Cuts Workforce
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest crypto stories, including a new report from the Wall Street Journal that the global crypto exchange Binance h...
XRP Rallies 50% in Last Week After Ripple's Partial Win; Binance Reportedly Cuts Workforce

NFT Marketplace Magic Eden Lays Off 22 Employees as Crypto Winter Deepens
NFT Marketplace Magic Eden Lays Off 22 Employees as Crypto Winter Deepens
Non-fungible token (NFT) marketplace Magic Eden on Monday announced that it would be laying off 22 members of its staff as part of a "companywide restructuring." "The Hash" pa...
NFT Marketplace Magic Eden Lays Off 22 Employees as Crypto Winter Deepens

Magic Eden CEO Jack Lu at Solana Breakpoint 2022. (Danny Nelson/CoinDesk)
Magic Eden Lays Off 22 Staff as Part of Companywide Restructuring
CEO and co-founder Jack Lu explained the company needed to make changes in order to reach new goals in 2023.
Magic Eden CEO Jack Lu at Solana Breakpoint 2022. (Danny Nelson/CoinDesk)

DCG-Owned Luno Slashes 35% of Staff
DCG-Owned Luno Slashes 35% of Staff
Cryptocurrency exchange Luno is cutting 35% of its workforce, citing the "incredibly tough year" affecting the crypto market. "The Hash" panel discusses the latest fallout of...
DCG-Owned Luno Slashes 35% of Staff

Gemini Reportedly Cutting Another 10% of Staff; Central African Republic Forms Committee to Draft Crypto Bill
Gemini Reportedly Cutting Another 10% of Staff; Central African Republic Forms Committee to Draft Crypto Bill
Crypto exchange Gemini is shedding another 10% of its staff, according to an internal message viewed by The Information. Plus, the latest details as the Central African Republ...
Gemini Reportedly Cutting Another 10% of Staff; Central African Republic Forms Committee to Draft Crypto Bill

ConsenSys Confirms Layoffs Amid 'Uncertain Market Conditions'
ConsenSys Confirms Layoffs Amid 'Uncertain Market Conditions'
Ethereum development company ConsenSys will be cutting 97 jobs, said CEO Joe Lubin in a blog post on Wednesday, confirming, for the most part, a report by CoinDesk last week....
ConsenSys Confirms Layoffs Amid 'Uncertain Market Conditions'

Crypto Presence at Davos 2023
Crypto Presence at Davos 2023
Global Blockchain Business Council CEO Sandra Ro joins "First Mover" to discuss the presence of crypto at The World Economic Forum's annual meeting and the council's 2023 pred...
Crypto Presence at Davos 2023

Grayscale Calls SEC’s Disapproval of Spot Bitcoin ETFs ‘Unreasonable’; Crypto Layoffs Continue
Grayscale Calls SEC’s Disapproval of Spot Bitcoin ETFs ‘Unreasonable’; Crypto Layoffs Continue
In a new court filing, digital asset management company Grayscale blasted the U.S. securities regulator for its "illogical" and "fundamentally unreasonable" argument against a...
Grayscale Calls SEC’s Disapproval of Spot Bitcoin ETFs ‘Unreasonable’; Crypto Layoffs Continue

Crypto.com to Cut Jobs as CEO Says FTX 'Damaged Trust' in the Industry
Crypto.com to Cut Jobs as CEO Says FTX 'Damaged Trust' in the Industry
Crypto.com said it is cutting its workforce by around 20% as the crypto industry continues to reel from the effects of the ongoing crypto winter. "The Hash" panel discusses th...
Crypto.com to Cut Jobs as CEO Says FTX 'Damaged Trust' in the Industry

Gemini Escalates Dispute with DCG's Genesis; Coinbase Shares Jump Following Layoff Announcement
Gemini Escalates Dispute with DCG's Genesis; Coinbase Shares Jump Following Layoff Announcement
Crypto exchange Gemini is ramping up its dispute with Digital Currency Group's (DCG) Genesis Global Trading – its partner on a crypto lending product pitched to smaller invest...
Gemini Escalates Dispute with DCG's Genesis; Coinbase Shares Jump Following Layoff Announcement