Tag Archives: Crypto.com

Crypto.com CEO is the latest boss to blame AI as he lays off 12% of staff

March 20, 2026 Crypto.com CEO is the latest boss to blame AI as he lays off 12% of staff BY Michael Grothaus The CEO of Crypto.com, Kris Marszalek, announced on Thursday that he was laying off 12% of the company’s staff. Marszalek cited AI as the driving factor behind the layoffs. Here’s what you need to … Continue reading Crypto.com CEO is the latest boss to blame AI as he lays off 12% of staff

Crypto.com CEO tries to reassure investors it has a strong balance sheet after the FTX collapse

  By Michael Grothaus November 14, 2022   The collapse of crypto exchange FTX is having ramifications across the crypto industry. Last week, crypto lender BlockFi paused withdrawals due to the “lack of clarity” surrounding “the status of FTX.com, FTX US, and Alameda.” That “lack of clarity”  is something investors of other exchanges are now … Continue reading Crypto.com CEO tries to reassure investors it has a strong balance sheet after the FTX collapse