OpenSea lays off 20% of its staff, citing ‘crypto winter’
The bear market in Bitcoin and altcoins has had a negative impact on staffing levels at major crypto companies, including exchanges, lending platforms and marketplaces.
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Ethereum Devs Delay Difficulty Bomb — ETH 2.0 Contract Surpasses 13 Million Ether Deposits
On June 30, Ethereum developers delayed the network’s difficulty bomb via the Gray Glacier update, which means The Merge won’t happen at least until September 2022. Meanwhile, there’s now more…
Kraken reiterates hiring targets as CEO denounces ‘woke activists’ in corporate culture
"We recognize that hurt feelings are inevitable in a global organization that is optimizing for team outcomes above individual sentiment," said the team at Kraken.
Great Talent, Bad Fit: Kraken CEO Tells “Unhappy” Employees to Commit or Leave
Jesse Powell, founder and CEO of popular cryptocurrency exchange Kraken, recently commented on the company’s latest corporate culture document emphasizing the need for a “crypto-first culture.” Internal Debates on Kraken…
GensoKishi’s MV Token to Be Listed on Kraken
PRESS RELEASE. On June 9, 2022 at 14:30 UTC, the FIAT currency pairs of MV(ERC20)/USD and MV(ERC20)/EUR will be listed on Kraken, a leading crypto exchange. Genso believes that by…
Kraken CEO defends listing LUNA 2.0: ‘Bitcoin traders don’t pay the bills’
Kraken’s Jesse Powell came under fire for listing the second-generation LUNA; separately, he railed against TradeFi’s crypto exchange claims.
Terra Launches New Chain Airdropping LUNA 2.0 Coins — Token Value Slides Over 70% From Price High
On Saturday, May 28, 2022, LUNA classic and UST classic holders received an airdrop consisting of new LUNA 2.0 tokens based on two blockchain snapshots. The crypto asset’s first recorded…
Bitcoin Held on Trading Platforms Continues to Drop Lower, Over 68% of the Total Held by 5 Exchanges
Amid the market carnage tied to Terra’s recent fallout, bitcoin sent to exchanges saw a brief spike on May 7, jumping more than 2% higher from 2.481 million to 2.532…
Kraken’s Jesse Powell to Go All-In on Bitcoin if it Drops to $20K
Jesse Powell – Co-Founder and CEO of the crypto exchange Kraken – revealed he had used half of his capital to purchase bitcoin in July last year. He assured his…
Kraken Announces NFT Marketplace
Crypto exchange Kraken announced today that it is opening the waitlist for its NFT marketplace and announced several planned features. Kraken Opens NFT Waitlist In a blog post today, Kraken...
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