Crypto Winter


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DCG-Owned Luno Slashes 35% of Staff

Cryptocurrency exchange Luno is cutting 35% of its workforce, citing the "incredibly tough year" affecting the crypto market. "The Hash" panel discusses the latest fallout of crypto winter, as an estimated 29,000 jobs have been cut across the crypto industry since April of last year. Luno is owned by Digital Currency Group (DCG), which is also the parent company of CoinDesk.

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Hut 8 Mining CEO on Crypto Winter, Bitcoin’s Presence at Davos 2023

Hut 8 Mining CEO Jaime Leverton discusses the significance of bitcoiners attending the World Economic Forum Annual Meeting in Davos, Switzerland. Plus, her outlook on bitcoin (BTC) as the market continues to navigate crypto winter.

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Crypto Exchange Huobi Confirms Justin Sun as Leader

Singapore-based exchange Huobi confirmed Thursday that Tron founder Justin Sun is not just a member of the Global Advisory Board, but is leading the exchange. The exchange also addressed concerns of so-called rat trading. "The Hash" panel discusses what this means for Huobi amid lingering crypto winter concerns.

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Global Blockchain Business Council CEO: Crypto Company Blow-Ups Not Fatal for Industry Overall

Global Blockchain Business Council CEO Sandra Ro discusses how crypto companies are navigating the deep crypto winter. "Let's face it, everyone's gotten a black eye from what's happened," she said, "but it's not a fatal blow."

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Crypto.com to Cut Jobs as CEO Says FTX 'Damaged Trust' in the Industry

Crypto.com said it is cutting its workforce by around 20% as the crypto industry continues to reel from the effects of the ongoing crypto winter. "The Hash" panel discusses the series of layoff announcements in the crypto industry.

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Crypto.com to Cut 20% of Workforce Amid Crypto Winter

Crypto.com said it is cutting its workforce by around 20% as the crypto industry continues to reel from the effects of the ongoing crypto winter. "First Mover" hosts discuss the series of job cut announcements from companies, including Genesis, Coinbase, Blockchain.com and ConsenSys.

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Coinbase to Cut Around 20% of Workforce as Crypto Winter Lingers

Crypto exchange Coinbase (COIN) said it is planning to reduce its headcount by around 950 employees as part of a restructuring that it expects to be complete by the end of the second quarter. "First Mover" hosts weigh in on the latest string of layoffs amid crypto winter.

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Silvergate Shares Plunge Amid $8B in Withdrawals, Job Cuts

Shares of crypto bank Silvergate Capital (SI) plunged after announcing it has cut 40% of its staff, or about 200 employees. This comes after the bank was forced to sell assets at a steep loss to cover some $8.1 billion in withdrawals. "The Hash" panel discusses the latest fallout of crypto winter.

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Top 5 Crypto Stories That Defined a Hectic 2022

2022 has been unlike any other year in crypto history. From the rapid demise of FTX, to the momentous Ethereum Merge, to the unraveling of TerraUSD, CoinDesk's Doreen Wang takes a look back at the most epic stories that defined this year.

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Bitcoin Outlook After Falling 65% In 2022

Gerber Kawasaki Investment Advisor Representative Kyle Clark joins "All About Bitcoin" with his bitcoin (BTC) price analysis in 2022 and outlook for the largest cryptocurrency by market cap in the coming year. Plus, tips he is giving clients in order to survive the lingering crypto winter.

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