Chainalysis to Dismiss 48 Employees, Prepares to Reorganize Structure
The layoff, which mostly targeted non-core personnel, is due to a decline in private sector demand.
The layoff, which mostly targeted non-core personnel, is due to a decline in private sector demand.
Alex Appleton is the latest cryptocurrency executive who stepped down from his position.
Coinbase, Kraken, Crypto.com, and Gemini are some of the well-known cryptocurrency firms to fire staff after the FTX catastrophe.
Crypto platform Luno will supposedly slash its headcount by more than 330 people.
ConsenSys will reduce its headcount by 11%, while Amber Group will supposedly halve its Hong Kong division.
A Singapore court has supposedly extended Vauld's creditor protection until February 28, 2023.
The cataclysmic finish of 2022 has prompted a $1 billion net loss for Silvergate Capital for Q4.
Yet another crypto firm is forced to lay off workers to cope with the bear market.Â
Chief economists at the World Economic Forum are predicting a gloomy macroeconomic outlook and potential global recession for 2023.
Thailand's regulator will check if Zipmex abode by local rules when providing products and services to customers.