Coinsquare, a leading Canadian cryptocurrency exchange, has reported that it has laid off nearly a third its staff. This news comes as at least five other trading platforms have been in financial trouble over the past month. The industry faces many challenges, including the need to adjust to a prolonged bearish market, deal with hacker attacks and financial difficulties, and overcome technical and financial problems.
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2 Executives among the Terminated Coinsquare Employees at Shelter Crypto
Coinsquare, one of Canada’s most prominent digital asset exchanges, recently laid off 40 of its 150 employees, Betakit reported. Two key executives were among those whose contracts were terminated – the COO Robert Mueller (who joined Coinsquare around a year ago) and the CFO Ken Tsang (an investment banker who was previously employed …... Read More