avatar

Australian Crypto Exchange Swyftx Announces 90 Job Cuts

Australian crypto exchange Swyftx has cut some 90 jobs citing the crypto downturn, the firm said on Monday.

According to LinkedIn, the exchange has some 200 employees, which would imply that Swyftx is reducing some 45% of its total workforce. Swyftx also said that it has no direct exposure to the bankrupt crypto giant FTX. The firm said the job cuts are a result of the crypto market downturn caused by FTX.

Source

Exchanges

Related News
MEXC Extends DEX+ Platform to Binance Smart Chain Users MEXC Extends DEX+ Platform to Binance Smart Chain Users
MEXC Partners With Hacken to Increase Security Standards MEXC Partners With Hacken to Increase Security Standards
BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report
Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more
Bitget announces token merger, BGB price increases amid market-wide declines Bitget announces token merger, BGB price increases amid market-wide declines
Latest News More More
5 Days Ago 0xbow unveils ‘Privacy Pools,’ a new blockchain privacy tool drawing from Vitalik Buterin’s research
March 27 Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
March 25 Binance suspends employee for allegedly profiting off of insider information
March 25 BlackRock launches bitcoin ETP in Europe following US success
March 21 Pump.fun launches DEX called PumpSwap to instantly migrate graduated token

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open