COMMITMENT TO OPENNESS

Last updated: June 18, 2025, 16:36  |  Written by: Ari Paul

Commitment To Openness
Commitment To Openness

Banxa

Banxa, a publicly listed Australian crypto payments operator, will reduce its staff headcount by 30%, according to the Australian Financial Review. The company’s CEO

This Crypto Venue Fired 40% Of Employees Due To Bear Market

Crypto Companies Cut Staff in Latest Rounds of Layoffs

In Light Of Recent Events

In light of recent events, Australian cryptocurrency exchange Swyftx has shown 90 of its employees the exit door. It represents a layoff of around 40% of the entire workforce – a

One such example is the cryptocurrency-focused investment firm – Paradigm. It reduced salaries instead of dismissing people. The multichain network supporting

Australian crypto trading firm Banxa to lay off almost a third of its

More Than

Another Crypto Company Dismisses 40% of its Employees to

More than 14 crypto firms implemented layoffs in the first month of 2025, looking to stay afloat after being hit by the crypto winter. Huobi cuts 20% of its staff. A Huobi spokesperson

Cryptocurrency Firms Slash Staff After FTX Collapse - Investopedia

Octopus Network

Silvergate Capital fired almost half of its staff after the company announced a plunge in crypto-related deposits in late 2025.

Amid the current global economic slowdown, crypto exchange WazirX has reportedly laid off 40 per cent of its total workforce. A total of 50 to 70 employees of the 150

Octopus Network – a multichain crypto network supporting Web3 applications – will lay off 40% of its staff members to ensure its survival amidst the ongoing crypto winter. The adverse

Kraken

Kraken, Bybit, Swyftx join the growing list of cryptocurrency firms cutting staff amid the bear market as repercussions of FTX bankruptcy continue to play out.

Silvergate Capital Fires 40% of Staff Amid Weak Q4 Stats

Indian crypto exchange WazirX fires 40% of staff: report

Despite Recent Market Revival, These Crypto Companies

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