![Paxos Reportedly Downsizes Workforce by 20%: Details Paxos Reportedly Downsizes Workforce by 20%: Details](https://cryptopotato.com/wp-content/uploads/2024/06/Paxos.jpg)
Stablecoin issuing company Paxos has laid off 20% of its workforce, decreasing its employee count by 65 individuals, Bloomberg reported Thursday, citing an internal email. According to the report, Paxos’ chief executive officer…
![Dominick Bei: How Proof of Workforce is Helping Union and Firefighter Pensions Save for Retirement with Bitcoin Dominick Bei: How Proof of Workforce is Helping Union and Firefighter Pensions Save for Retirement with Bitcoin](http://bitcoinmagazine.com/.image/c_limit,cs_srgb,h_1200,q_auto:good,w_1200/MjAwOTM0NDEzOTcyODA5MDkw/image1.png)
Retirement savings have always been a priority for hardworking individuals, especially those who belong to unions or serve as firefighters. These individuals dedicate their lives to protect and serve their communities, often putting…
![Nansen lays off 30% of its workforce Nansen lays off 30% of its workforce](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-05/c0247b4f-e98c-4598-9e8e-33d86e6eafc3.jpg)
Blockchain analytics platform Nansen has announced the trimming of its workforce by 30%. On May 30, Nansen CEO Alex Svanevik disclosed on Twitter that the company had to make an “extremely difficult decision to…
![Bybit to Lay Off 30% of Workforce Amid Colder Crypto Winter Bybit to Lay Off 30% of Workforce Amid Colder Crypto Winter](https://cryptopotato.com/wp-content/uploads/2021/07/Bybit.jpg)
With bitcoin firmly standing below $20,000, it’s visible that the bear market still remains in the spotlight, which harms native businesses. Miners and exchanges have been hit the hardest. Amid numerous trading platforms…
![Weeks Before Replacing its Top Executives, NYDIG Dismissed 30% of its Workforce (Report) Weeks Before Replacing its Top Executives, NYDIG Dismissed 30% of its Workforce (Report)](https://cryptopotato.com/wp-content/uploads/2022/10/NYDIG.jpg)
New York Digital Investment Group (NYDIG) – an investment management firm that offers a wide variety of bitcoin services – reportedly laid off around one-third of its staff in September. Not long ago,…