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Crypto Winter
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."
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.
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.
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.
Coinbase Cuts Around 20% of Workforce as Crypto Winter Rages
The exchange expects the restructuring to cost $149 million to $163 million.
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.
Crypto Layoffs: Here's the Grim Count Since April
As a bear market sweeps the industry, CoinDesk is keeping a running list of industry players that have cut jobs.
Bernstein: Returns From Buying Crypto During Downturns Have Been Spectacular
The industry has a strong track record of fighting back, a report from the brokerage firm said.
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.
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.