BlockFi, Crypto.com lay off hundreds of employees as digital currency hits record low
Shortpedia
Content Team
Image Credit: wsj
Crypto trading and lending exchanges BlockFi and crypto.com have laid off hundreds of employees after the global crypto market was battered owing to a "dramatic shift" in macro-economic conditions. BlockFi CEO Zac Prince said that the company is reducing headcount by roughly 20 per cent and the reduction impacts every team at the company.
