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Cryptocurrency lending platform Celsius lays off 150 employees amid crypto winter as digital coins crash

Shortpedia

Content Team
Image Credit: finnoexpert

Cryptocurrency lending platform Celsius has laid off 150 employees which is a quarter of its workforce, as the global crypto market goes through its worst meltdown. The platform last month paused all withdrawals citing "extreme market conditions". According to Israeli media outlet Calcalist, it has now sacked around 150 of its employees.