MicroStrategy's financial report: Bitcoin's cumulative impairment loss was US$2.153 billion, and the company's net loss in the fourth quarter was US$249.7 million

Polkadot CEO Gavin Wood Absent From Parity Layoff Announcement

Parity Technologies, responsible for developing Polkadot, has recently been reported to be facing financial difficulties, leading to a significant number of layoffs.

Prime Trust's Workforce Woes Persist with New Layoff Warning

Mere weeks after the company had initiated substantial reductions in its personnel, Prime Trust informed its workforce of the potential need to lay off 62 employees.

India's layoff Saga Continues As CoinSwitch Slashes Headcount

The exchange was backed by prominent investors, including Sequoia Capital India

Layoff Chronicles: Binance Joins Major Companies in Workforce Reductions

Waves after waves of layoffs seem to impede countless companies since the last quarter of 2022 and shows no sign of slowing down. And the latest casualty to join the chopping board? Binance.

Binance Massive Layoff: Over 1,000 Employees Fired

Binance, one of the world's largest cryptocurrency exchanges, has laid off over 1,000 employees in recent weeks, according to a ...

Binance.US Layoff Cuts Legal Staff Despite Looming SEC Case

Binance.US has not had its assets frozen, but the presiding judge has pushed for the exchange and the SEC to work out a deal.

MicroStrategy Announces Fourth Quarter 2022 Financial Results

MicroStrategy® Incorporated (Nasdaq: MSTR) ("MicroStrategy" or the "Company") today announced financial results for the three-month period ended December 31, 2022.

Huobi and Gate.io to Layoff Over 20% of Staff

The news has triggered a mass withdrawal of over $74 million in the past 24 hours.

NFT Platform Metaplex Layoff Staff, Citing Solana Downturn

The Total Value Locked in the Solana ecosystem is down by more than 70% since the collapse of FTX.

Crypto.com Launches Second Layoff Round Worse than June Cuts: Sources