Ava Labs, the company behind the popular blockchain platform Avalanche (CRYPTO: AVAX), has announced a reorganization that resulted in a 12% reduction of its workforce.
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Avalanche Blockchain Developer Ava Labs Cuts 12% of Jobs (1)
Ava Labs Inc., the developer of blockchain project Avalanche, cut jobs by 12% in the latest layoffs to hit the cryptocurrency sector.
Ava Labs cuts 12% of staff to ‘reallocate resources’ toward expansion
Ava Labs boss Emin Gün Sirer has confirmed the firm cut 12% of its staff in a bid to better reallocate its resources to grow the Avalanche ecosystem.
Aave v2 Ethereum market halts amid issue probe
Aave, a prominent player in the decentralized finance sector, has implemented immediate safeguards following the detection of an issue within its v2 Ethereum market early on November 5. The …
Avalanche to power Alibaba Cloud’s infrastructure services in Asia – Cointelegraph
Avalanche’s partnership with Alibaba Cloud will see the development of tools that enable users to launch validator nodes on Avalanche’s public blockchain …
Ethereum (ETH) Competitor Avalanche (AVAX) Suffers Brief Network Outage Amid Upgrade – The Daily Hodl
The C-and X-chains of Ethereum (ETH) challenger Avalanche (AVAX) briefly went down as the network upgraded to a new software version.The X-chain, the exchange …