
The stablecoin issuer will still be tiny in terms of staff compared to other tech and crypto companies.
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505 out of 700 employees reportedly signed a letter stating that the board has undermined the company’s mission by firing Altman.
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The Chainalysis workforce will be reduced by around 150 as the bear market bites deeper.
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NFT collectibles company Dapper Labs has said goodbye to another 51 employees only months after a 20% staff reduction in February.
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Crypto exchange Binance said its “hardcore” work culture could explain some of the results, while recruiters warn the data should be taken with a grain of salt.
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Artificial intelligence will soon make its appearance in one of Europe’s best-selling tabloid newspapers, but only to support journalistic work, not replace it.
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Arvind Krishna, the chief executive of IBM, said roughly 30% of their non-customer-facing positions could be covered by artificial intelligence over a five-year period.
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SEC Chair Gary Gensler says the regulator is spread thin and needs additional funding to keep up with the “increased complexity in the capital markets.”
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Goldman Sachs digital asset lead Mathew McDermott said the bank remains “hugely positive” on exploring blockchain applications.
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It was a tough month for crypto employees with at least 14 firms announcing staff reductions in January.
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