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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…
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…
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…
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…
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.…
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…
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, 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,…
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…
The technology Q&A forum has seen declines in web traffic since the launch of ChatGPT in 2022.