Breaking: Kraken CEO Confirms Firing Spree in Halifax, 57 Staff Laid Off

[kreslik.news]

Kraken, one of the world’s longest-operating cryptocurrency exchanges, today confirmed yesterday’s rumors that it fired 57 employees from its Halifax office in Canada, the exchange’s CEO Jesse Powell told Bloomberg.

The confirmation of staff reductions at the giant crypto exchange follows speculation, rumors and posts on social networks that Kraken employees were seen leaving its Halifax office following layoffs.

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Powell cited the reason for cutting the staff to an effort to reduce costs and better align with the pace of growth in the industry.

Kraken chief, however, denied the news of a security breach and confirmed ... (read more)