Bithumb to Lay Off 50% of Staff

Main reasons are economic and trading volumes fall, compared to 2018
19 March 2019   511

The largest South Korean cryptocurrency exchange Bithumb has confirmed to CoinDesk its intention to lay off 50% of employees. Thus, the updated staff of the company will be 150 people.

Representatives of the site explained that firstly the company will be left by employees who have decided to resign on their own. Bithumb will provide them with assistance in finding a new job.

Economic reasons and the trading volumes fall compared to 2018 also affected the decision. At the same time Bithumb stressed that, as necessary, the exchange will continue to hire employees in various departments.

Earlier in March, plans to reduce staff was reported by the development team of the Dash Core Group. 8% of employees left the company, including a strategic director and director of business development.

Poloniex to Bring Back the Trollbox

According to Poloniex owner, the "most frequent request has been, “BRING BACK THE TROLLBOX”, a general topic chat  
19 June 2019   180

Due to numerous requests from users, the Bitcoin exchange Poloniex activated a general chat, better known as Trollbox.

You’ve been asking for it and we’re excited to tell you IT’S HAPPENING: Trollbox is back! Poloniex’s Trollbox is the original forum for traders to talk all things crypto. Our legendary mods are ready to go, armed as always with the mighty Banhammer to maintain order.

Poloniex Team

From now on, traders can again communicate on a wide range of topics without leaving the stock exchange, and moderators will use the legendary ban-hammers in case of violation of the rules.