Business | ForkLog

ForkLog 32 27.06.2022

Bitpanda to lay off 730 employees to protect its financial health

European crypto broker Bitpanda announced a layoff of 730 employees. The management said the move was aimed at exiting the bear market financially healthier.

AI translated

ForkLog 25 21.06.2022

FTX to provide BlockFi with a $250 million revolving credit facility

BlockFi signed a letter of intent with the cryptocurrency exchange FTX to secure a $250 million revolving credit line.

AI translated

ForkLog 28 21.06.2022

Coinbase and Crypto.com scale back marketing spend amid crypto winter

After spending 'hundreds of millions of dollars' on campaigns, sponsorship deals and Super Bowl advertising, most crypto firms have cut marketing spending. The Wall Street Journal reports.

AI translated

ForkLog 47 20.06.2022

Bitfinex and Tether say they will not lay off staff

The Bitfinex cryptocurrency exchange and the Tether company do not plan to lay off staff amid adverse market conditions. The Block reports.

AI translated

ForkLog 24 20.06.2022

Bybit to cut up to 30% of staff, reports say

Bybit will cut staff, saying that "the growth in the size of the organization outpaced business growth", according to journalist Colin Wu, citing a document from the cryptocurrency exchange.

AI translated

ForkLog 25 14.06.2022

Binance CEO: crypto winter is an opportune time to expand the workforce

Crypto winter is an opportune time to hire new staff and to grow the business through various acquisitions, says Binance CEO Changpeng Zhao. He said this at the Consensus 2022 conference.

AI translated

ForkLog 18 13.06.2022

Crypto.com chief announces layoffs

Crypto.com CEO Kris Marsalek said he plans to lay off around 260 employees, or 5% of the platform's total workforce.

AI translated

ForkLog 13 03.06.2022

Two senior executives leave Binance Labs

Binance's venture arm will lose its CEO Bill Chin. A month earlier, the firm's chief investment officer Nicole Zhang resigned, The Block reports.

AI translated

ForkLog 19 02.06.2022

Gemini to cut staff by 10% amid crypto-market downturn

The Winklevoss-owned Bitcoin exchange Gemini will cut its staff by 10%. The reasons cited are the crypto winter and unfavourable macroeconomic conditions, Bloomberg reports.

AI translated

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 21 27.05.2022

Bitso lays off 80 employees

Bitso, the largest cryptocurrency exchange in Latin America, laid off 80 employees, CoinDesk reports citing a statement from the company.

AI translated

ForkLog 29 20.05.2022

Media reports cost-cutting at Coinbase after a weak start to the year

The Bitcoin exchange Coinbase paused expanding its headcount for two weeks and cut spending on Amazon Web Services as part of a broader cost-cutting programme. The Information reports, citing sources.

AI translated

ForkLog 71 02.03.2016

How Blockchain May Finish Off Big Corporations

Old-fashioned corporations and traditional business schemes continuously give ground these days. As the world gradually submerges in the ocean of postmodernist paradigm, the very essence of successful businesses is changing, with a term ‘Uber moment’ used to refer to those changes. Indeed, the same Uber is a cab company that owns no cars. Similarly, Alibaba […]

Human written

#Business