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Layoff Saga Continues: Crypto Exchange CoinSwitch Fires 44 Employees

Tiger Global-backed crypto exchange CoinsSwitch has laid off 44 employees as part of a restructuring exercise.

Nischal shettyChangpeng zhaoAndreessen horowitzTiger global backedCustomer supportCustomer operationsVirtual digital assets businessTiger globalSequoia capital indiaRibbit capitalZanmai labsFlint money

Crisis-Stricken Vauld To Appoint New CEO, Board To Aid Creditor Bailout

Troubled crypto-lending startup Vauld will replace its current board with a new CEO, a creditor representative, and a scheme manager

City ofUnited kingdomSumit guptaDarshan bathijaNeeraj khandelwalRobert leshnerSanju soni kurianVauld bathijaVauld defi payments pte ltdSingapore headquartered vauldValar venturesPantera capitalCoinbase venturesDefi payments pte ltdGumi cryptosEnforcement directorate

CoinDCX Fires 12% Workforce In Second Round Of Layoffs

Coinbase Ventures-backed crypto exchange CoinDCX has let go of 12% of its total workforce of 590 employees

Neeraj khandelwalSumit guptaEduardo saverinb capital groupEduardo saverinCoinbase venturesFlint money

ZYBER 365: An AI + Web3 Unicorn With No Product

Founded in May 2023, ZYBER 365 currently has zero products to offer and claims to build a suite of products in the next three years

United kingdomCity ofRaghav kapurShivam thakralDaniel diemersNeang sokhenAntonia martina durischCoinswitch kuberBrock pharmaPoorvi sacharSharat chandraMahin guptaPearl kapurMaya marbugerNikita sachdevNo lines retail pvt ltd

Sequoia Cuts Crypto Fund By 65%

Sequoia Capital has cut its crypto fund by more than 65% - from $585 Mn to $200 Mn - amid the ongoing funding winter.

Sequoia capitalWall street journalFlint money

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