Bitcoin Suisse Cutting up to 50% of Swiss Workforce
Swiss crypto firm Bitcoin Suisse is restructuring to expand internationally as a global wealth manager, a move that will cut up to 50% of its workforce at its Zug headquarters.…
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Luno Eliminates 20% of Global Workforce as Automation Changes Crypto Exchange Priorities
Crypto exchange Luno is reducing its global workforce by 20%, though the exact number of impacted employees—including those in South Africa—has not been disclosed. Second Wave of Layoffs Cryptocurrency exchange…
Over 60 Crypto Firms and Projects Fold in 2026 as Bankruptcies, Bear Market and Hacks Rip Industry Apart
More than 60 cryptocurrency companies, blockchains, and decentralized finance (DeFi) protocols shut down or filed for bankruptcy between January and July 2026, a pace that accelerated sharply in the final…
Bitgo Slashes 15% of Workforce to Pivot Toward AI-Powered Crypto Infrastructure
Mike Belshe, CEO of the company, stressed that these changes resulted from a pivot to security, trading, stablecoins, and AI-powered infrastructure. The move would affect nearly 90 employees, reducing Bitgo’s…
Ethereum Foundation Restructures With 5 Clusters After Cutting 20% of Workforce
The Ethereum Foundation (EF) announced Tuesday it is cutting 54 employees, roughly 20% of its workforce, as part of a months-long reorganization designed to sharpen its focus on what it…
Dune Cuts 25% of Staff and Bets on AI to Power Crypto Data’s Next Chapter
Crypto data firm Dune has laid off 25% of its workforce, with CEO Fredrik Haga citing a sharpened focus on artificial intelligence (AI)-powered data tools and institutional clients moving onchain.…
Crypto.com Announces Layoffs While Expanding AI Capabilities
On Thursday, Crypto.com said it has reduced its workforce by roughly 12% as it accelerates an enterprise-wide push into artificial intelligence, according to a statement from CEO Kris Marszalek. Job…
Jack Dorsey Cuts Over 4,000 Jobs as Block Shrinks Workforce Nearly in Half
Block Inc. will cut more than 4,000 jobs, reducing its workforce by nearly half as CEO Jack Dorsey calls it one of the hardest decisions in the company’s history. Block…
Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift
Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made to align with evolving market demands and internal strategy shifts,…
Paxos Lays Off 65 Employees Following Yield-Bearing Stablecoin Launch
According to sources familiar with the matter, the stablecoin issuer Paxos is cutting 20% of its workforce. This development comes on the heels of Paxos International’s announcement of its yield-bearing…