Luno Slashes 35% of its Workforce as DCG Battles Challenges
The layoffs by crypto exchanges continues, with employees of Luno being the latest victim. The company has announced it will...
Slashes
Singapore-based crypto unicorn Amber Group slashes Hong Kong workforce, SCMP reports
Singapore-based digital asset manager Amber Group has cut its Hong Kong staff by half to 40, shedding jobs in risk...
Silvergate gets more bad news as Moody’s slashes its ratings
Things seem to be going from grim to grimmer at Silvergate Bank, with a hit to its Moody’s rating and...
NFT marketplace SuperRare slashes 30% of its workforce
As crypto winter deepens, the non-fungible token (NFT) marketplace SuperRare is slashing 30 per cent of its workforce, its CEO...
Crypto Lender Genesis Slashes Staff and Mulls Bankruptcy: WSJ
According to a Jan. 5 report by the WSJ citing ‘people familiar with the matter,’ Genesis is mulling a bankruptcy...
Animoca Brands slashes Web3 fund target to US$1B: Bloomberg
Animoca Brands Corp., a Hong Kong-based blockchain game maker and venture capitalist, has scaled down the target amount for its...
Silvergate Slashes 40% of Jobs as Further FTX Contagion Spreads
Silvergate Capital has been forced to take drastic action as a consequence of its association with FTX and its collapse....
Crypto Lender Amber Slashes 60% of Workforce
Amid the continuing fallout from the collapse of FTX, one of Asia’s biggest crypto lenders, Amber Group, is taking radical...
Kraken Slashes 30% of Workforce Amid Bear Market Pressure
Kraken is the latest cryptocurrency exchange that’s been forced to downsize in the face of macroeconomic headwinds and a devastating...
Tether Further Slashes Commercial Paper Holdings, Increases US Treasury Portfolio
Major stablecoin issuer Tether has further reduced its commercial paper holdings to less than $50 million, with more than half...