Zcash Developer Electric Coin Co. Reveals Q1 Financial Loss
The for-profit arm supporting zcash has issued a new report saying it avoided layoffs throughout the bear market despite being in the red.
Layoffs
New Layoffs Hit Ethereum Incubator ConsenSys
Apr 20, 2020
ConsenSys is laying off dozens more staffers, two people familiar with the matter tell CoinDesk.
Galaxy Digital, the crypto merchant bank founded by Michael Novogratz, has laid off 13 people, roughly 15 percent of its workforce, people familiar with the situation said.
Cryptocurrency-focused media startup BlockTV has shut down operations due to the economic strains of the COVID-19 crisis, according to two former employees.
Circle laid off about 10 employees in its latest effort to cut costs. The move follows a round of 30 layoffs in May.
Chainalysis laid off 39 employees Thursday citing the need for a "path to profitability."
Layoffs
