Cryptocurrency-focused media startup BlockTV has shut down operations due to the economic strains of the COVID-19 crisis, according to two former employees.
ConsenSys is laying off dozens more staffers, two people familiar with the matter tell CoinDesk.
Galaxy Digital, the crypto merchant bank founded by Michael Novogratz, has laid off 13 people, roughly 15 percent of its workforce, people familiar with the situation said.
Chainalysis laid off 39 employees Thursday citing the need for a "path to profitability."
The for-profit arm supporting zcash has issued a new report saying it avoided layoffs throughout the bear market despite being in the red.
Circle is laying off roughly 30 people, CoinDesk has learned.
Significant layoffs at Ambisafe tell the tale of another ICO services startup that got too big in 2018.
The company behind cryptocurrency project Dash is to reduce its staffing levels in a cost-cutting effort brought on by the bear market.
After an initial boom, smart contract auditing firm Hosho went from from 37 employees to seven after business slowed in 2018.
Airbnb competitor Bee Token, founded by alums of Uber, are pivoting in an effort to boost revenue after conducting an ICO last February.
Once a top-100 cryptocurrency, Nebulas has laid off more than 60 percent of its staff since July 2018, CoinDesk has learned.
BlockEx, a London-based platform for launching and exchanging tokens, was beset by a series of setbacks that led to downsizing.
China-based crypto mining giant Bitmain has confirmed the closure of its Amsterdam office as part of ongoing business adjustments.
Crypto exchange ShapeShift has announced a round of layoffs, cutting its staff by a third.
Citing the crypto bear market, Status.IM has laid off 25 staffers and asked remaining employees to take a pay cut.