Dapper Labs Laying Off Another 20% of Its Staff: Report
The job cuts follow a previous 22% workforce reduction in November. Original Source
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Staff
USDC issuer Circle to increase staff by up to 25% amid layoff season
USD Coin (USDC) issuer Circle plans to increase its workforce by 15–25% in 2023 amid a sea of layoffs across the industry, reported The Wall Street Journal.When a significant chunk of industry-wide firms is laying off staff to mitigate their financial woes, Circle has gone against the tide to hire more people. 41%
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Australian Crypto Gaming Firm Immutable Cuts Staff By 11%: Report
Australian crypto gaming company Immutable is cutting 11% of its workforce, according to a report by The Sydney Morning Herald on Wednesday. Source
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Magic Eden Lays Off 22 Staff as Part of Company-Wide Restructuring
Magic Eden Lays Off 22 Staff as Part of Company-Wide Restructuring Original Source
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Payments provider Affirm to sunset crypto program after 19% staff cut
Max Levchin, the CEO of buy-now-pay-later company Affirm, has confirmed that they will be shutting down their “Affirm Crypto Program” amid dampening consumer spending and a changing macroeconomic environment.The CEO released a letter to shareholders on Feb. 8 alongside a 19% staff cut. He cited uncertain macroeconomic conditions and the
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Hong Kong Regulator Wants to Beef Up Its Staff Covering Virtual Assets
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
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Filecoin Creator Protocol Labs Cuts 21% of Staff
Protocol Labs, the company behind decentralized file storage network Filecoin, is laying off 21% of its staff, CEO Juan Benet announced in a blog post on Friday. Source
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Amazon Looking to Hire Web3 Staff for Its Cloud Services
AWS has created purpose-built tools for blockchain companies who want to run either "centralized ledger database that maintains an immutable and cryptographically verifiable record of transactions, or a multi-party, fully managed blockchain network that helps eliminate intermediaries," according to its website. Source
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Crypto Services Company Prime Trust Lays Off One-Third of Staff
Last week, Prime Trust said it would be suspending business operations in Texas by Jan. 31 after withdrawing its applications to receive a money transmitter license (MTL) in the state. The company declined to comment at the time on why the application was withdrawn, but public records show Prime Trust
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BlockFi’s $10M Staff Bonus Package Approved by NJ Bankruptcy Court Judge
This new deal applies to around 130 staff, who will mostly get a bonus worth 42.5% of salary, paid in three installments over a year. Worth $9.98 million, this package is the right way to secure value for former customers, lawyers for BlockFi told the court. Source
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