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CoinDesk is reportedly planning layoffs in its editorial department ahead of the sale of a stake in the publication to investors, according to media reports. TechCrunch wrote that CoinDesk CEO Kevin Worth sent an internal email warning that “several roles, predominantly in our media team, were impacted by a reduction in
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Polychain Capital has successfully secured approximately $200 million in the first round of funding for its fourth crypto venture capital fund. A source familiar with the matter revealed that Polychain intends to reach a total fundraising goal
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Top Stories This Week Larry Fink, the CEO of BlackRock, has recently delivered pro-crypto remarks, claiming “Bitcoin is an international asset” and suggesting U.S. regulators consider how an ETF directly linked to Bitcoin could democratize finance in the country.
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Crypto exchanges including Gemini, Binance and Coinbase are home to some of the least happy employees in the industry, according to data derived from Glassdoor — though some argue the results may be skewed. A quadrant chart by tech recruitment firm TrueUp — understood to have collated data from job
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Online brokerage firm Robinhood Markets will reportedly lay off roughly 150 full-time staff — 7% of its total workforce — in its third round of layoffs in just over a year. According to an internal company message seen by The Wall Street Journal, Robinhood Chief Financial Officer Jason Warnick reportedly wrote
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German tabloid company Bild is planning to replace a swath of its editorial staff with artificial intelligence and “automated processes” — the latest example of AI deployment at the cost of human workers.According to a June 21 report from The Guardian, Bild's parent publishing firm Axel Springer SE said the move is
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Sources familiar with the matter said that Binance.US has been laying off employees from the legal, compliance and risk departments. The latest report from Reuters shows that the US affiliate of crypto exchange Binance (Binance.US) has started firing staff following the lawsuit by the US Securities and Exchange Commission (SEC)
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“As part of this transition, and because of our preparation for a multi-year and very costly litigation process, the Board has asked Management to shrink the size of our teams across the company and reduce our burn rate,” read the documents. “Unlike every other U.S. crypto company, we have been
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“For OKX, we have always blocked U.S. customers and so we are not active in the U.S.,” Byun said. “We will make a decision about the U.S., when and if to enter that market, in an appropriate and compliant manner. But we think that outside of the U.S. there are
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The blockchain research and engineering company has cut jobs as it pivots to a smaller venture studio business model. Source
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