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Israeli-Led Blockchain App Company to Make Extensive Layoffs While Restructuring

Gibraltar-registered Israeli blockchain application platform First Digital Assets (FDA) will fire most its employees in a major restructuring process, the company confirmed to Israeli English-language news resource Globes on March 4. FDA, which…
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NEM Foundation, Nearly Broke, Plans Layoffs and Pivot

The NEM Foundation, a community-funded nonprofit established to promote the NEM blockchain, is planning layoffs across its entire 150-person staff in the wake of severe budget cuts and ahead of an imminent restructuring, CoinDesk has learned. The…
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Cryptocurrency Bear Market Pressures Shapeshift into Layoffs

The ongoing cryptocurrency bear market appears to have claimed yet another victim. The latest digital currency-related firm to announce a restructure is exchange platform Shapeshift. According to a Medium post by the company’s CEO, 37…