Tag: staff

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BitGo Cuts Nearly 15% of Staff Six Months After IPO, Refocuses on Stablecoins and AI

Crypto custodian BitGo is cutting approximately 15% of its workforce, CEO Mike Belshe announced Thursday, as the company refocuses on stablecoins, settlement, and AI...

Foundation cuts 20% of staff amid leadership exodus

The Ethereum Foundation is cutting roughly 20% of its workforce, eliminating 54 positions as part of a broad restructuring that comes amid sustained senior...

Matter Labs Cuts Staff, Pivots Fully to Institutional Privacy Platform Prividium

Matter Labs CEO Alex Gluchowski announced layoffs and a full strategic pivot on Tuesday, committing the company behind zkSync entirely to Prividium, its institutional...

CFTC Staff Give DCMs a Path to Convert Perpetual-Style Digital Commodity Futures Into True Perpetuals

CFTC staff issued release 9252-26 on Friday, giving designated contract markets a no-action path to convert existing perpetual-style digital commodity futures into true perpetuals,...

Dune Analytics Cuts 25% of Staff, Doubled Down on AI and Institutional Crypto Data

The crypto data platform laid off a quarter of its workforce this week while refocusing on AI-powered dashboards and institutional adoption of onchain assets.Dune...

Kraken parent Payward cuts 150 staff, streamlining business ahead of planned IPO

The crypto exchange is also seeking fresh funding at a $20 billion valuation as it ramps up acquisitions and prepares for a public listing.

Coinbase disruption tied to AWS outage draws criticism amid staff layoffs and Q1 losses

Coinbase (COIN) reported a multi-hour disruption to crypto trading on Thursday, which the Nasdaq-listed exchange attributed to an outage at Amazon Web Services. The...

Coinbase latest crypto firm to slash staff citing market conditions and AI shift. Reduces it by 14%.

Coinbase is set to slashing its workforce by roughly 14%, or 660 employees in response to negative market conditions and AI challenges.CEO Brian Armstrong...

US Senate Bans Members, Staff from Prediction Markets

The US Senate on Thursday unanimously approved a resolution banning its members and staff, who are often exposed to sensitive information, from using prediction...

Crypto Exchange Kraken Faces Extortion Attempt After Insider Access Incidents Involving Support Staff

Crypto exchange Kraken disclosed two insider-related security incidents involving support staff access to limited client data, followed by an extortion attempt by...

StarkWare Cuts Staff and Restructures Into Two Units

The company behind Starknet is pivoting from pure infrastructure toward revenue-generating products built on its proprietary tech stack.StarkWare, the Israeli company behind the Starknet...

Binance offers 1,000 UAE staff temporary relocation due to war, but many chose to stay

Binance offered its staff in the United Arab Emirates the option to temporarily relocate to Hong Kong, Tokyo, Kuala Lumpur and Bangkok amid regional...