Bitcoin
Bitcoin (BTC)
$69,894.00 -1.44285
Bitcoin price
Ethereum
Ethereum (ETH)
$3,751.59 2.52074
Ethereum price
BNB
BNB (BNB)
$623.37 0.13484
BNB price
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$179.72 -1.08641
Solana price
XRP
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$0.5368820 -0.41368
XRP price
Shiba Inu
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$0.0000261 2.62702
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Pepe
Pepe (PEPE)
$0.0000137 24.65016
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Bonk
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$0.0000319 3.42809
Bonk price
Bitcoin
Bitcoin (BTC)
$69,894.00 -1.44285
Bitcoin price
Ethereum
Ethereum (ETH)
$3,751.59 2.52074
Ethereum price
BNB
BNB (BNB)
$623.37 0.13484
BNB price
Solana
Solana (SOL)
$179.72 -1.08641
Solana price
XRP
XRP (XRP)
$0.5368820 -0.41368
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000261 2.62702
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000137 24.65016
Pepe price
Bonk
Bonk (BONK)
$0.0000319 3.42809
Bonk price
Bitcoin
Bitcoin (BTC)
$69,894.00 -1.44285
Bitcoin price
Ethereum
Ethereum (ETH)
$3,751.59 2.52074
Ethereum price
BNB
BNB (BNB)
$623.37 0.13484
BNB price
Solana
Solana (SOL)
$179.72 -1.08641
Solana price
XRP
XRP (XRP)
$0.5368820 -0.41368
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000261 2.62702
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000137 24.65016
Pepe price
Bonk
Bonk (BONK)
$0.0000319 3.42809
Bonk price
Bitcoin
Bitcoin (BTC)
$69,894.00 -1.44285
Bitcoin price
Ethereum
Ethereum (ETH)
$3,751.59 2.52074
Ethereum price
BNB
BNB (BNB)
$623.37 0.13484
BNB price
Solana
Solana (SOL)
$179.72 -1.08641
Solana price
XRP
XRP (XRP)
$0.5368820 -0.41368
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000261 2.62702
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000137 24.65016
Pepe price
Bonk
Bonk (BONK)
$0.0000319 3.42809
Bonk price
SirWin
SirWin
SirWin

ConsenSys to lay off over 100 workers

consensys-to-lay-off-over-100-workers
Edited by
News
ConsenSys to lay off over 100 workers

ConsenSys is reportedly making plans to lay off more than 100 workers from its team amidst gloomy market conditions.

ConsenSys is a New York-based web3 company dedicated to developing next-gen enterprise-grade Ethereum-powered solutions. Currently, it may be looking to slash its workforce.

Sources close to the matter told Coindesk that the company is finalizing plans to lay off about 100 staffers, out of its roughly 900 employees. Crypto.news has reached out to the Consensys team, but they did not respond to the request at press time.

Crypto companies are laying off staff

The ongoing crypto winter, which has been described as one the worst in the history of the industry, has seen countless established bitcoin (BTC) linked businesses kick the bucket, with several others resorting to downsizing to weather the storm.

Last week, reports emerged that Silvergate, a publicly traded crypto-friendly bank, is letting go of about 40 percent of its employees due to the current market downturn. 

Leading US-based digital assets exchange Coinbase revealed plans to sack another 950 employees and slow down operations in Japan after laying off over 1,000 workers in June 2022.