DEEPSEEK
Binance Plans 1,500 to 3,000 Layoffs due to DOJ Probe, Reported CNBC
The biggest crypto exchange Binance is reportedly planning to layoff between 1,500 and 3,000 employees by the end of the year, according to an anonymous source cited by CNBC on July 14, 2023. This move is seen as a response to an ongoing probe by the U.S. Department of Justice and SEC.
Coinbase Says Goodbye to Over 60 Employees
Crypto exchange Coinbase Global Inc has announced a fresh job cut of over 60 from its recruiting and institutional onboarding teams.
Bitmex to Layoff Employees a Week After CEO Takes Exit
Bitmex has reduced its number of employees as part of a strategy to move away from the company's "beyond derivatives" model.
One-third of Staff Laid Off in Digital Investment Group NYDIG: WSJ
Wall Street Journal citing sources revealed that the New York-based digital investment group NYDIG laid off nearly a third of its workforce, about 110 people in total.
Crypto Broker Genesis Cuts 20% Workforce, CEO Michael Moro Stepping Down
Genesis is laying off 20% of its 260-strong workforce, and its CEO is leaving. The announcement comes after the firm lost money that it loaned to the insolvent hedge fund Three Arrows Capital.
Blockchain.com Slashes 25% Workforce amid Crypto Meltdown
Massive layoffs continue engulfing the crypto market. Blockchain.com took the latest actions by reducing its workforce by 25%.
Gemini Executes Second Round of Layoffs: TechCrunch
Crypto exchange Gemini has made the second round of layoffs seven weeks after the crypto exchange cut about 10% of its workforce, citing "turbulent market conditions."
OpenSea to Lay off 20% of Employees
OpenSea, one of the largest marketplaces for NFTs, suggested that about 57 people will be laid off as it said it now has 230 employees.
Bullish.com to Layoff Staff amid Market Downturn
Cryptocurrency exchange Bullish.com has joined other crypto companies in making layoffs to tackle the massive market downturn.
Celsius Network Slashes 25% of its Workforce amid Potential Insolvency
Celsius Network’s woes continue to deepen because the crypto lending company has reduced its workforce by 150 employees, including those based in Israel.
