Bankless reportedly axes most of team in silence as co-founder declares end of first era
Bankless is facing backlash after reportedly laying off most of its staff without a public announcement, even as co-founder Ryan Sean Adams declared the “end” of the media brands first era on X.Co-founder Ryan Sean Adams wrote that “the first era of Bankless has ended.”Critics say founders are posting unrelated content instead of helping affected staff. The immensely popular crypto podcast Bankless is facing fresh accusations of laying off a sigificant portion of its staff. In a series of blistering posts on X, 0x_Lucas criticized the founders for continuing to publish unrelated content while remaining silent about the cuts, arguing that Bankless owed at least a basic acknowledgement and support to the people it had just let go. At the same time, Bankless co‑founder Ryan Sean Adams posted that “the first era of Bankless has ended,” describing the moment as the conclusion of his six‑year collaboration with co‑host David Hoffman exploring crypto, DeFi and Ethereum. Adams remarks, shared in a reflective X thread, framed the change as a generational shift rather than a straightforward downsizing, emphasizing how far the show had come since its early days and hinting at a new, undefined chapter. Bankless itself has not issued an official statement confirming or denying the