{"id":60729,"date":"2023-10-03T17:49:18","date_gmt":"2023-10-03T21:49:18","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=60729"},"modified":"2023-10-03T17:50:13","modified_gmt":"2023-10-03T21:50:13","slug":"chainalysis-to-slash-15-of-staff-in-second-round-of-layoffs","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/chainalysis-to-slash-15-of-staff-in-second-round-of-layoffs\/","title":{"rendered":"Chainalysis to Slash 15% of Staff in Second Round of Layoffs"},"content":{"rendered":"\n

Chainalysis, a New York-based blockchain analytics firm<\/a>, has laid off 15% of its workforce, marking its second round of job cuts in the past 12 months<\/p>\n\n\n\n

\"Chainalysis
Chainalysis to Slash 15% of Staff in Second Round of Layoffs<\/figcaption><\/figure>\n\n\n\n

For potential long-term growth, the company intends to reduce expenses, according to Bloomberg. Before the layoffs, Chainalysis had about 900 employees, and it now has 135 fewer. According to a Chainalysis spokesman:<\/p>\n\n\n\n

\n

\u201cWe are very focused on growing efficiently and, due to market conditions, believe it\u2019s necessary to reduce our expenses at this time.\u201d<\/p>\n<\/blockquote>\n\n\n\n

Additionally, the study disclosed that in February of this year, the 2014-founded blockchain analysis startup fired about 5% of its workforce. A spokeswoman for Chainalysis, however, asserts that the company is “well-positioned for long-term success” and will keep on “building trust in blockchains among government agencies, financial institutions, and cryptocurrency businesses.”<\/p>\n\n\n\n

Midway through December 2022, Chainalysis claimed that the FTX crash was averted and compared it to Mt. Gox's collapse<\/a>. The Chainalysis Reactor was used by Canadian authorities on August 5 to combat cryptocurrency fraud and theft.<\/p>\n\n\n\n

According to the Lethbridge Police Service\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> (LPS) in Canada, this will aid in crime prevention while assisting victims of the recent hacking attacks in recovering their possessions.<\/p>\n","protected":false},"excerpt":{"rendered":"

Chainalysis, a New York-based blockchain analytics firm, has laid off 15% of its workforce, marking its second round of job cuts in the past 12 months For potential long-term growth, the company intends to reduce expenses, according to Bloomberg. Before the layoffs, Chainalysis had about 900 employees, and it now has 135 fewer. According to […]<\/p>\n","protected":false},"author":43,"featured_media":60731,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[4092,13005],"class_list":["post-60729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-chainalysis","tag-layoffs"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/10\/croc_1696364870934.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/60729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=60729"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/60729\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/60731"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=60729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=60729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=60729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}