India's second crypto unicorn - CoinSwitch - has supposedly become the latest digital asset entity to lay off employees.
India’s second crypto unicorn – CoinSwitch – has supposedly become the latest digital asset entity to lay off employees.
Another local digital asset organization that recently announced similar amendments is CoinDCX, which laid off 12% of its employees.According to a BQ Prime coverage, CoinSwitch has decided to reduce its team due to the decreasing level of customer activity. A spokesperson of the platform explained in detail:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Indian Crypto Exchange CoinSwitch Cuts Support Team, Citing Market DoldrumsThe firm laid off 44 employees from the team, which still has 82 members.
Read more »
Indian crypto exchanges CoinSwitch, CoinDCX cut staff amid market slumpCoinSwitch and CoinDCX have reportedly laid off dozens of employees to catch up with the market conditions and India’s taxation rules.
Read more »
Almost Billion XRP Withdrawn from Crypto Exchange in Past Two Days, Price Drops 2.34%Two massive chunks of XRP transferred from major European crypto exchange over weekend
Read more »
Mastercard and Binance Ending Crypto Card Partnership; Bearish Outlook Engulfs Crypto MarketVanderbilt Law School associate dean and professor Yesha Yadav discusses the significance of payment giants Visa and Mastercard paring back their ties with Binance. Hashdex CIO Samir Kerbage weighs in on the key trends and developments in the crypto asset market as bitcoin (BTC) briefly slumps below $26,000. And, Taxbit head of government relations Miles Fuller reacts to the IRS finally proposing rules for crypto tax reporting.
Read more »
Binance considers a full exit from Russia: WSJThe world’s largest crypto exchange is reevaluating its business in Russia.
Read more »
Grayscale Wins Lawsuit Against SEC Over Bitcoin ETFA federal judge ruled that the Securities and Exchange Commission must reconsider the crypto asset manager’s application to launch the first bitcoin exchange-traded fund.
Read more »