#Restructuring

On-Chain Sleuthing Firm Chainalysis Slashes Headcount by 135

October 3, 2023

Chainalysis cuts 135 jobs: layoffs hit on-chain sleuthing firm.

Chainalysis, the leading on-chain sleuthing firm, has reportedly cut 135 jobs, or 28% of its staff, due to the COVID-19 pandemic. The firm, which specializes in investigating cryptocurrency transactions, cited reduced customer demand as the primary reason.

October 3, 2023

Celsius Seeks Court Approval for Restructuring and Customer Repayments

Celsius Network, a cryptocurrency lending and borrowing platform, has submitted a restructuring plan to US District Court seeking approval to repay customers affected by recent service outages. The plan would provide eligible customers with full repayment of all balances.