Crypto.com announced a reduction of about 12% of its workforce to advance its enterprise-level AI transformation
By: www.chaincatcher.com|2026/03/19 08:50:45
0
Share
Prefer us on Google
Crypto.com CEO Kris Marszalek disclosed on social media that Crypto.com is officially advancing enterprise-level artificial intelligence (AI) integration across the company and simultaneously reducing approximately 12% of its positions. Affected employees have been notified, and the company will provide them with appropriate transitional support resources.
Kris Marszalek stated that this strategic adjustment aims to combine the best AI tools with high-performing talent to achieve levels of scalability and precision that were previously unattainable. The positions being cut are primarily functional roles that are deemed unable to adapt to the new business model.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
CZ Advises Young People to Work in Large Companies for 2 to 5 Years Before Starting Their Own Business
NVIDIA Signs $6 Billion Technology Licensing Agreement with Poolside
Jeff Yew Plans to Establish a Tech Park in Malaysia
Google in Talks for Over $1.5 Billion Deal with Mechanize to Acquire Talent and Technology Licensing
KakaoBank Shares Digital Banking Innovation Cases with UAE
KakaoBank introduced digital banking innovation cases to officials from the UAE Prime Minister's Office and participants of a local talent development program, showcasing the technology and service operations of Korea's internet-only banks.
Polygon Labs Acquires Coinme, Enters Final Stage and Initiates Layoffs
Critini Analyst Claims South Korea's AI Development is Overrated
DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion
According to The Information, DeepSeek has completed a record financing of over $7 billion, valuing the company at over $50 billion in this round of financing.In terms of funding sources, founder Liang Wenfeng personally invested 20 billion yuan, Tencent invested 10 billion yuan, CATL invested 5 bil...
AI engineering expenditures reaching 82% have failed to materialize, with hidden costs far exceeding industry expectations
In mid-2026, multiple data points indicate that AI tools are generating significant hidden costs. A survey by Entelligence AI of 2,444 companies found that for every $1 spent on AI, $0.44 is used to fix vulnerabilities, $0.27 is spent on rewriting AI-generated code, and $0.11 is consumed by audit an...
Bain Capital announced the final closing of its sixth fund in Asia, with a total size of $10.5 billion
Bain Capital announced that its sixth Asian fund has completed its final fundraising, with a total size of $10.5 billion, of which approximately $9.1 billion comes from external investors, exceeding the previous fundraising target of $7 billion.Yuji Sugimoto, a partner at Bain Capital and head of th...
Dragonfly Partners: Coinbase layoffs can save $225 million in costs
Dragonfly partner Omar commented on Coinbase's layoff of about 14% (approximately 700 people), stating that this move aims to save about $225 million in annual salary costs and drive the company's restructuring towards an "AI-native" organization.He pointed out that AI has significantly changed prod...
Hong Kong's Deputy Secretary for Financial Services and the Treasury, Chen Haolian: Hong Kong is building a comprehensive regulatory framework for digital assets, providing a solid foundation for Web3 innovation
ChainCatcher reported live that the Deputy Secretary for Financial Services and the Treasury of Hong Kong, Chan Ho Lam, delivered a keynote speech at the 2026 Hong Kong Web3 Carnival. He pointed out that Hong Kong has developed into the third global financial center index and the first international...
ARCB officially held the Asia Launch Ceremony in Malaysia and completed multiple strategic cooperation agreements
On April 12, ARCB officially held the Asia Launch Ceremony in Malaysia, gathering over a hundred representatives from government agencies, the business sector, the education sector, and youth students to witness the event, marking its official entry into a new phase of expansion in Asia.During the e...
The Hong Kong Financial Services and the Treasury Bureau is hiring additional talent to oversee AI and virtual asset regulation, and plans to inspect companies involved in virtual asset trading
According to the Hong Kong Economic Journal, the Hong Kong Institute of Certified Public Accountants (HKICPA) submitted a proposed budget for the next fiscal year to the Hong Kong Legislative Council, suggesting a salary increase of 3.5% to support regulatory work in key and emerging areas such as a...
Nanjing Qixia District and Jiangning District issued a "Crayfish Farming" policy
Nanjing Qixia District issued "Several Measures to Support the Integration Development of OpenClaw and Other Open Source AI Intelligent Tools with OPC." It mentions that, relying on the Qizhi OPC Cloud Platform, it will provide free deployment services and supporting development toolkits for OpenCla...
Wuxi High-tech Zone in Jiangsu Province released 12 guidelines for "breeding crayfish," with a maximum subsidy of 5 million
Jiangsu Wuxi High-tech Zone has released the "Several Measures to Support the Integration and Development of OpenClaw and Other Open Source Community Projects with the OPC Community (Draft for Comments)", featuring 12 policies for "breeding crayfish", ranging from basic support to industrial impleme...
HyENA shuts down after processing $4B in trades
Avici attack drains over $1M from Solana users
Cosmos misjudged a critical bug for 4 months before hackers stole nearly $6 million across 6 chains
Cosmos says the same vulnerability hit six networks, including MANTRA, after being initially classified as unlikely to threaten production
US Cities Eye AI Data Center Limits as Study Flags Water Risks
Tokenized gold is becoming productive collateral in crypto lending, Arch says
European Blockchain Convention 2026: Information and Exclusive Promotion
1200 Qubits Estimated, Pressure on Bitcoin and Ethereum Transition
Warnings that quantum computers could threaten the existing signature systems of Bitcoin (BTC) and Ethereum (ETH) have resurfaced as a key issue in cryptocurrency security. The core concern is not that the networks will collapse immediately, but that assets and protocols with exposed public keys mus...
Warning of a Shock Needed for $40 Trillion U.S. Debt
The total public debt of the United States has surpassed $40 trillion for the first time, raising warnings about the fiscal path. As the cost of servicing debt increases in a high-interest environment, market interpretations regarding the trust in the dollar and the roles of Bitcoin (BTC) and gold a...
X dismantles a Chinese bot farm of 200,000 accounts: the battle for AI data centers is also fought online
X claims to have dismantled a Chinese bot farm of 200,000 accounts, of which 200 stoked American anger against AI data centers.
Ripple moves to shrink XRP Ledger attack surface as AI audit tests lending push
XRP Ledger's cleanup comes as Lending Protocol V1.1 enters an AI-only audit after earlier reviews uncovered 94 security issues.
Trump loses for the second time in attempt to move his dirty money case to federal court
A federal judge in Manhattan rejected for the second time Donald Trump's attempt to move the criminal case that ended with his conviction for falsifying business records from New York. Judge Alvin Hellerstein concluded that Trump waited too long and did not demonstrate that presidential immunity or ...
XAUUSD: Understanding and Trading the Gold/Dollar Pair in 2026
Three Avalanche ETFs Introduce Staking Reward Distribution Structure
Three Avalanche (AVAX) spot exchange-traded funds (ETFs) have integrated a staking reward structure into their asset holdings.
Cloud 9, the galaxy candidate with no stars
Cloud 9, located 14 million light-years away, could be the first galaxy without stars observed by humanity. Its gas reserves and dark matter halo contrast with the almost total absence of starlight, although researchers still need new observations to confirm the finding.
CZ Advises Young People to Work in Large Companies for 2 to 5 Years Before Starting Their Own Business
NVIDIA Signs $6 Billion Technology Licensing Agreement with Poolside
Jeff Yew Plans to Establish a Tech Park in Malaysia
Google in Talks for Over $1.5 Billion Deal with Mechanize to Acquire Talent and Technology Licensing
KakaoBank Shares Digital Banking Innovation Cases with UAE
KakaoBank introduced digital banking innovation cases to officials from the UAE Prime Minister's Office and participants of a local talent development program, showcasing the technology and service operations of Korea's internet-only banks.
Polygon Labs Acquires Coinme, Enters Final Stage and Initiates Layoffs
...
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
