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    Report: Blockchain.com Cuts Staff by 25%, Executive Salaries Reduced

    • Post author:MiamiCrypto
    • Post published:July 21, 2022
    • Post category:150 workers/25% staff/3AC/Argentina/Bear cycle/Bearish Conditions/Blockchain.com/Blockchain.com $270M Loss/Company CEO/Company Layoffs/Crypto Winter/gaming/Ian Allison/institutional lending/laid off/layoffs/News/NFT marketplace/report/Salary reduction/shareholders letter/sources/Three Arrows Capital

    According to a recent report, Blockchain.com has laid off a quarter of the company’s staff and it has closed the crypto company’s Argentina-based offices as well. The layoffs follow the…

    Continue ReadingReport: Blockchain.com Cuts Staff by 25%, Executive Salaries Reduced

    Report: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure

    • Post author:MiamiCrypto
    • Post published:July 8, 2022
    • Post category:3AC/3AC Bankruptcy/Babel Finance/Blockchain.com/Blockchain.com CEO/Blockchain.com Exec/blockfi/Counterparty Exposure/Crypto Winter/Exposure/FTX loan/Ian Allison/investigators/Kyle Davies/Liquidations/News/Peter Smith/Su Zhu/Three Arrows Capital/Vauld/Voyager bankruptcy/Voyager Digital

    According to a report published on July 8, the cryptocurrency firm Blockchain.com lost $270 million from exposure to the crypto hedge fund Three Arrows Capital (3AC). The news was shared…

    Continue ReadingReport: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure
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