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Polygon Labs Cuts 19% Of Staff To Reduce Bureaucracy
Polygon Labs – the main development team behind the Ethereum scaling network Polygon (MATIC) – has laid off 19% of its workforce
Feb 2, 20241 min read


PayPal to Cut 2,500 Employees to ‘Right-Size’ the Company
Alex Chriss, the CEO of payment company Paypal, announced to the staff on Tuesday that an additional 9% of the workforce, approx 2,500.
Feb 1, 20241 min read

Crypto Market Maker GSR Appoints Former JPMorgan Executive as Head of Trading
Crypto trading firm GSR, one of the oldest digital asset market makers, appointed former JPMorgan executive Andreas Koukorinis
Feb 1, 20241 min read


Jack Dorsey’s Block announces layoffs, citing ‘leaner’ operations
Financial payment processing firm Block Inc., co-founded by Twitter creator Jack Dorsey, has reportedly laid off more than 1,000 staff.
Feb 1, 20241 min read

1inch DAO Votes to Hire Permanent Legal Counsel for Decentralized Nature Challenges
The decentralized autonomous organization (DAO) of 1inch, a decentralized exchange (DEX) aggregator, has voted to enlist permanent legal
Jan 13, 20241 min read


NEAR Foundation to Cut Team by 40% in Realignment Effort
NEAR Foundation announced plans to cut its team down by about 40% as part of its realignment initiative, impacting 35 employees.
Jan 12, 20241 min read


BlackRock layoffs coming as firm matures, ESG pullback and Bitcoin ETF approval
BlackRock, the world's largest money management firm, plans to announce layoffs in the coming days of about 3 percent of its global
Jan 8, 20241 min read


Sam Altman returns as OpenAI CEO and shares valuable insights
OpenAI’s CEO, Sam Altman, has made a stunning comeback after a brief period of tumult within the company.
Dec 26, 20231 min read


Zcash Developer Electric Coin CEO Zooko Wilcox Steps Down, Swihart Named to Role
Electric Coin Co., the primary developer behind the privacy-oriented blockchain network Zcash, said Zooko Wilcox
Dec 19, 20231 min read


MoonPay Appoints Former Coinbase Executive Mike Lempres
Crypto startup MoonPay has announced the appointment of Mike Lempres, a former executive from Coinbase and Andreessen Horowitz (a16z)
Dec 2, 20231 min read


Coinbase is hiring for tech roles in India despite halting exchange services
Coinbase’s journey in India so far has been quite troubled, amid high taxes on crypto gains in the country and challenges on enabling
Nov 27, 20231 min read


Emmett Shear Appointed Interim CEO of OpenAI as Sam Altman Steps Down
OpenAI, a leading artificial intelligence research lab, has announced a significant change in its leadership.
Nov 21, 20231 min read


Microsoft hires Sam Altman, Greg Brockman after departure from OpenAI
Microsoft CEO Satya Nadella posted on X, stating that the company is hiring both former OpenAI CEO Sam Altman and president Greg Brockman.
Nov 20, 20231 min read


Andreessen-backed blockchain startup hires former YouTube gaming head
Optimism, an Andreessen Horowitz-backed blockchain startup, has snagged Ryan Wyatt, a former head of gaming at YouTube
Nov 17, 20231 min read


NFT Marketplace OpenSea Cuts Staff
Non-fungible token (NFT) platform OpenSea has pared back its operating staff as digital art collectibles remain in the doldrums
Nov 4, 20231 min read


Stars Arena Crypto Social Platform Faces Internal Challenges as Another Team Member Resigns
Another team member has said goodbye to the Avalanche-based social finance platform Stars Arena.
Nov 1, 20231 min read

Kraken Appoints Fintech Entrepreneur Bivu Das as New UK Managing Director
Kraken appoints Bivu Das, an ex-Starling Bank executive, as a UK corporate representative to drive business expansion in the strengthening
Oct 30, 20231 min read


Korea’s Crypto Exchange Group Hires Data Security Professor as Advisor
The Digital Asset eXchange Alliance (DAXA) — a group consisting of the top five South Korean cryptocurrency exchanges — announced on Oct 24
Oct 24, 20231 min read

Blocknative Reduces Headcount by Third, After Suspending Work on Relay Project
Blocknative, a provider of tools for transactions on the Ethereum blockchain, has recently undertaken a restructuring that resulted
Oct 10, 20231 min read


Crypto Custody Firm Ledger Cuts 12% of Staff
Ledger, the crypto wallet hardware maker, is laying off 12% of its staff, according to an announcement from the company's CEO, Pascal
Oct 6, 20231 min read
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