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Last updated: June 15, 2025, 21:27  |  Written by: Charlie Lee

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Although Cryptocurrency Companies Are Accustomed

Gemini, 2TM Lay Off Staff, Crypto Exchanges Brace For Crypto

Several companies in the cryptocurrency industry have announced layoffs or hire freezes amidst bearish conditions in the cryptocurrency market and a less than stellar

Although cryptocurrency companies are accustomed to riding the wave of volatility, two announced on the same day that a “crypto winter” has resulted in hiring freezes

Crypto Exchange Gemini On June

Several Exchanges Announce Layoffs as Market Braces for Crypto

Crypto exchange Gemini on June 2 announced a 10 percent slash in its workforce, while the world's largest crypto exchange Coinbase the next day announced a

A 'crypto winter' freezes hiring at Coinbase and Gemini - Fortune

On Thursday

On Thursday, June 2, came a truly shocking announcement from Coinbase (COIN). Not only would the publicly traded crypto exchange extend a hiring freeze first

Coinbase, Gemini and others cut jobs, rescind offers and

Are Exchange Layoffs the First Sign of Crypto Winter, or Is

Gemini And

Gemini and 2TM, the holding company of Brazil's largest crypto exchange, announced laying off staff in light of the challenging market conditions. Winter is coming in summer this time, at

Crypto exchange Coinbase, which reported a 27 per cent fall in first-quarter revenue, has now extended its hiring freeze “for the foreseeable future”. Fintech companies

‘Crypto winter’ freezes hiring at Gemini and Coinbase after Terra

Charlie Lee can be reached at [email protected].

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