bear market
BTC’s ‘bear market’ hashrate; IREN done with mining by year’s end
BTC mining faces a hashrate downturn as miners pivot to AI, while data center backlash grows and Cango, IREN, and...
Brutal layoffs continue in the digital currency industry—is this the worst bear market yet?
Only two months since entering 2023, thousands have been laid off in the digital currency industry, but hopes of a...
Koinly lays off 14% of workforce following extended bear market—Here’s the whole bushel
Koinly has pruned its staff strength by 14% ahead of the incoming tax season, forcing to layoff 16 full-time employees...
Bybit joins growing list of layoffs in exchanges
Bybit CEO Ben Zhou announced on Twitter that the exchange would lay off workers across the board, blaming the “deepening...
Crypto.com understated layoffs, dismissed at least 40% of its workforce: report
The exchange’s strategy of splashing on ads and partnerships backfired as the bear market set in, and it has scaled...
Compute North files for Chapter 11 bankruptcy with $500M in debt
Compute North operates data centers for miners, including Marathon Digital and Hive Blockchain, but a $300 million loan has made...
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