Layoffs

Blockchain.com founder and CEO Peter Smith (Blockchain.com)
Blockchain.com to Suspend Operations of Asset Management Arm: Bloomberg
The business was launched just 11 months ago.
Blockchain.com founder and CEO Peter Smith (Blockchain.com)

Protego Trust Bank CEO Ron Totaro (Protego Bank)
Crypto Bank Charter Firm Protego Trust Lays Off Most of Its Workforce: Source
Some employees are still in place and the firm’s operations are ready to launch, but money is a problem, said a person familiar with the situation.
Protego Trust Bank CEO Ron Totaro (Protego Bank)

Dapper Labs CEO Roham Gharegozlou (Vivien Killilea/Getty Images  for Homecoming Weekend )
Dapper Labs Laying Off Another 20% of Its Staff
The job cuts follow a previous 22% workforce reduction in November.
Dapper Labs CEO Roham Gharegozlou (Vivien Killilea/Getty Images  for Homecoming Weekend )

Messari CEO Ryan Selkis (Danny Nelson/CoinDesk)
Crypto Analytics Firm Messari Cuts 15% of Workforce as Part of Restructuring
The crypto intelligence firm, which is led by Ryan Selkis, had closed a $35 million Series B fundraising round last year.
Messari CEO Ryan Selkis (Danny Nelson/CoinDesk)

(Unsplash)
Australian Crypto Gaming Firm Immutable Cuts Staff by 11%
The CEO blamed the layoffs on a need to maximise how long its cash reserves will last.
(Unsplash)

Polygon co-founder Sandeep Naliwal (Polygon)
Polygon Labs Cuts 20% Workforce, Almost 100 Jobs
The firm said that the job cuts are part of its consolidation earlier this year.
Polygon co-founder Sandeep Naliwal (Polygon)

Microsoft, window
Microsoft Disbands Industrial Metaverse Project: Report
The 100 members of the team have been laid off, according to a person with direct knowledge of the matter.
Microsoft, window

Affirm CEO Max Levchin (John Lamparski/Getty Images)
Payments Company Affirm Is Shutting Down Its Crypto Business
During the bull market of 2021, Affirm had joined a number of fintech firms in offering clientele the ability to buy and sell crypto.
Affirm CEO Max Levchin (John Lamparski/Getty Images)

Protocol Labs co-founder and CEO Juan Benet speaks at CoinDesk's Construct 2017 conference. (CoinDesk archives)
Filecoin Creator Protocol Labs Cuts 21% of Staff
The company cited the current economic situation and crypto winter as the reasons behind its decision.
Protocol Labs co-founder and CEO Juan Benet speaks at CoinDesk's Construct 2017 conference. (CoinDesk archives)

Bittrex crypto trading privacy coins
Crypto Exchange Bittrex Laying Off More Than 80 People
CEO Richie Lai cited the “new economic environment” as the primary reason for the cuts.
Bittrex crypto trading privacy coins