Tag: Lays

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Crypto Bank Charter Firm Protego Trust Lays Off Most of Its Workforce: Source

Crypto Bank Charter Firm Protego Trust Lays Off Most of Its Workforce: Source

“Dozens of folks are still involved though not as employees, and some employees are still in place. Money is a problem, though there is a signed deal [...]
Magic Eden is Under Restructuring Process – Lays Off 22 Employees

Magic Eden is Under Restructuring Process – Lays Off 22 Employees

What a sad day for Magic Eden employees after the announcement of laying off 22 members of the staff as part of the company’s restructuring process. A [...]
Magic Eden Lays Off 22 Staff as Part of Company-Wide Restructuring

Magic Eden Lays Off 22 Staff as Part of Company-Wide Restructuring

Magic Eden Lays Off 22 Staff as Part of Company-Wide Restructuring www.coindesk.com [...]
Crypto Services Company Prime Trust Lays Off One-Third of Staff

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 trans [...]
U.S. Lays Claim to $700 Million of Assets Linked to Bankman-Fried, FTX

U.S. Lays Claim to $700 Million of Assets Linked to Bankman-Fried, FTX

Included in the property are over 55 million Robinhood shares worth about $525 million. Bought with borrowed Alameda money, those shares were at the c [...]
DeFi Protocol Sushi Lays Out 2023 Plans With Focus on DEX and User Experience

DeFi Protocol Sushi Lays Out 2023 Plans With Focus on DEX and User Experience

The move comes after Sushi's chief technology officer, Matthew Lilley, said in a tweet thread on Jan. 3 that two of its products – the Kashi lending p [...]
Crypto Brokerage Blockchain.com Lays Off 28% of Workforce as Industry’s Cruel Winter Continues

Crypto Brokerage Blockchain.com Lays Off 28% of Workforce as Industry’s Cruel Winter Continues

“The crypto ecosystem is facing significant headwinds as its course corrects from the challenges of the last year,” said a Blockchain.com representati [...]
Crypto asset manager Osprey Funds lays off most of its staff: Report

Crypto asset manager Osprey Funds lays off most of its staff: Report

Digital asset manager Osprey Funds has reportedly laid off most of its staff since the summer, underscoring the ongoing operational challenges posed b [...]
Crypto lender Genesis lays off 30% more staff: Report

Crypto lender Genesis lays off 30% more staff: Report

Crypto lending platform Genesis Global Trading has reportedly cut 30% of its workforce in the second round of layouts in six months.According to a Jan [...]
Crypto Lender Genesis Lays Off 30% More of Its Staff

Crypto Lender Genesis Lays Off 30% More of Its Staff

“As we continue to navigate unprecedented industry challenges, Genesis has made the difficult decision to reduce our headcount globally,” a Genesis sp [...]
Near Project’s Octopus Network lays off 40% of its staff amid crypto winter

Near Project’s Octopus Network lays off 40% of its staff amid crypto winter

Octopus Network, a decentralized app chain network natively built on NEAR Protocol, has announced that it will be “refactoring” to adapt to current ma [...]
CNN lays off hundreds of staffers − read the memo

CNN lays off hundreds of staffers − read the memo

Licht sent a memo to all staffers Thursday afternoon after the news was delivered to employees, which included long-time HLN anchor Robin Meade and re [...]
Israel’s chief economist lays out recommendations for crypto regulation

Israel’s chief economist lays out recommendations for crypto regulation

Israel's chief economist has laid out a list of recommendations as to how policymakers should tackle digital asset laws in the country in order to saf [...]
Carvana lays off 1,500 employees following stock free fall

Carvana lays off 1,500 employees following stock free fall

A Carvana used car "vending machine" on May 11, 2022 in Miami, Florida.Joe Raedle | Getty ImagesCarvana is laying off about 1,500 people, or 8% of its [...]
Digital Asset Manager Valkyrie Lays Off 30% of Staff: Bloomberg

Digital Asset Manager Valkyrie Lays Off 30% of Staff: Bloomberg

“Our management team did a thorough review of asset growth year to date and reviewed every employee’s role and contribution. Like many other companies [...]
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