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Layoff

Axie Infinity maker Sky Mavis trims 21% of workforce

Business

Steve Kaaru

28 November, 2024

Axie Infinity maker Sky Mavis trims 21% of workforce

Sky Mavis CEO Nguyen Trung insisted that the layoffs aren’t due to financial constraints, but Axie Infinity NFTs have lost...

Alibaba lays off dozens from metaverse department: report

Business

Steve Kaaru

7 November, 2024

Alibaba lays off dozens from metaverse department: report

Alibaba joins fellow Chinese tech giant Baidu in scaling down its interest in the metaverse, with AI replacing the hype...

Business

Steve Kaaru

26 July, 2024

Meta reins in metaverse ambitions, cuts budget by 20%

Meta has instructed Reality Labs to cut its budget by 20% by 2026, just weeks after reorganizing its metaverse division...

Ava Labs lays off ‘substantial’ portion of its workforce

Business

Jordan Atkins

8 November, 2023

Ava Labs lays off ‘substantial’ portion of its workforce

Ava Labs founder Emin Gün Sirer confirmed on X that there was a ‘reduction in force’ at the blockchain company,...

NFT marketplace OpenSea lays off 50% of staff

Business

Steve Kaaru

7 November, 2023

NFT marketplace OpenSea lays off 50% of staff

CEO Devin Finzer says the company is set to launch OpenSea 2.0, which calls for “a smaller team with a...

R3 blockchain lays off a fifth of its employees

Business

Wahid Pessarlay

21 September, 2023

R3 blockchain lays off a fifth of its employees

R3 slashed the jobs to “maintain a strong operating and financial position” at a time when blockchain funding has dried...

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Steven Stradbrooke

20 Feb 2026

Layoff

Axie Infinity maker Sky Mavis trims 21% of workforce

Alibaba lays off dozens from metaverse department: report

Meta reins in metaverse ambitions, cuts budget by 20%

Ava Labs lays off ‘substantial’ portion of its workforce

NFT marketplace OpenSea lays off 50% of staff

R3 blockchain lays off a fifth of its employees

Recent

Trending

Most Views

Third White House stablecoin meeting fails to move the needle

Germany’s central bank backs stablecoins, CBDC amid US tension

Poland’s crypto sector in limbo as leader vetoes MiCA bill anew

Malaysia to launch tests for stablecoins, tokenized deposits

adeus launches True Wills: Digital protection against lost and disputed wills

Paying with stablecoins harder than acquiring them

UK selects HSBC’s blockchain platform for digital bond pilot

Spycraft for games, art, and fun with NFT ‘Steganordinals’

Nepal secures $50M for digitalization approved by World Bank

Can blockchain make AI accountable?

Morphic Financial Group’s Dutch subsidiary granted MiCA license

Malaysia accelerates shift from cash to digital payments

Block reward miners question future as BTC price hits 15-month low

Samsung eyes blockchain-based supply chain management to cut costs

Demands for Trump ‘crypto’ probes spread beyond usual suspects

Vietnam, Laos enhance AI strategies and cybersecurity measures

Can blockchain make AI accountable?

The Bitcoin transaction that changed everything—17 years on

OneCoin’s ‘Cryptoqueen’ alive and in South Africa: report

China clarifies enhanced crypto ban, rules on stablecoins, RWAs

Tether’s 2025 sees profits down, loans up, controversy constant

Who might face sanctions after Bitzlato?

US market structure obstacles: Stablecoins and Trump crypto deals

UPI charts next chapter: Global reach, local reinvention