CoinGeek

Layoff

NYDIG quietly laid off a third of its staff in September: report

Business

Steve Kaaru

17 October, 2022

NYDIG quietly laid off a third of its staff in September: report

Sources at NYDIG say the firm, which aimed to introduce BTC to the banking system, burned through the $1b it...

Crypto.com understated layoffs, dismissed at least 40% of its workforce: report

Business

Steve Kaaru

13 October, 2022

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...

Brazil: Mercado Bitcoin’s parent company cuts workforce for second time in 2022

Business

Wahid Pessarlay

8 September, 2022

Brazil: Mercado Bitcoin’s parent company cuts workforce for second time in 2022

2TM blames the dire global financial conditions and the lack of proper digital asset regulations for its underwhelming performance this...

Coinbase-backed Rain Financial dismisses more employees as digital asset market slump continues

Business

Wahid Pessarlay

6 September, 2022

Coinbase-backed Rain Financial dismisses more employees as digital asset market slump continues

The company cites the persisting price slump in the digital asset market with Rain's co-founder and CEO, noting that the...

Robinhood lays off quarter of its workforce amid 75% dip in digital currency revenue

Business

Steve Kaaru

8 August, 2022

Robinhood lays off quarter of its workforce amid 75% dip in digital currency revenue

CEO Vlad Tenev took the blame for the layoffs, saying the company projected the high interest in its platform during...

CoinFLEX exchange cuts staff amid $84M margin call dispute with Roger Ver

Business

Steve Kaaru

2 August, 2022

CoinFLEX exchange cuts staff amid $84M margin call dispute with Roger Ver

The cuts will reduce overheads by up to 60%, CoinFLEX says, further hinting at acquisition possibility even as its $84...

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Claire Celdran

4 Jun 2025

Layoff

NYDIG quietly laid off a third of its staff in September: report

Crypto.com understated layoffs, dismissed at least 40% of its workforce: report

Brazil: Mercado Bitcoin’s parent company cuts workforce for second time in 2022

Coinbase-backed Rain Financial dismisses more employees as digital asset market slump continues

Robinhood lays off quarter of its workforce amid 75% dip in digital currency revenue

CoinFLEX exchange cuts staff amid $84M margin call dispute with Roger Ver

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