Binance US reduces staff by a third, CEO leaves
Binance US has been facing regulatory pressure from the SEC. Binance’s US cryptocurrency market share dropped from more than 22% in April to approximately 0.9% by June 26. Norman Reed,…
SEC staff suggest Filecoin (FIL) is a security: Grayscale
Grayscale says it disagrees with SEC’s staff over suggestions that Filecoin (FIL) is a security. The letter from the SEC staff was sent on 16 May 2023, after Grayscale applied…
Circle to increase staff by 25% months after aborting plans to go public
Circle’s move comes at a time when many firms in the industry are laying off workers. 41% of company layoffs in 2023 have so far come from the crypto industry.…
Australian crypto exchange Swyftx to cut 45% of staff amid crypto winter
Swyftx cuts 90 jobs as the cryptocurrency winter continues to affect more companies. The company follows exchanges like Coinbase, Bybit, and Kraken in reducing its employee headcount to cope with…
Voyager creditors object paying retention bonuses to key staff
Creditors of the embattled Voyager Digital are objecting to the crypto lender’s plans to… The post Voyager creditors object paying retention bonuses to key staff appeared first on CoinJournal.