crypto firings

The crypto and tech industry has seen a slew of staff cuts this week against a backdrop of difficult market conditions, though on a positive note, some are bucking the trend. Crypto companies, including crypto exchanges, venture capital firms and blockchain developers, have been forced to reduce headcount in order to stay nimble amid the bear market. Some, however, have done the opposite, opening up offices in new locations and markets.  It comes a few weeks after multiple high-level executives, such as OpenSea’s former chief financial officer, Kraken’s co-founder Jesse Powell and Ripple Labs’ engineering director, have all made headlines for either exiting or stepping down from their roles in the space. Stripe cuts around 1,000 staff Patrick Collison, CEO of payments processor Stripe...