Express

Crypto Custodian to Lay Off 20% of Staff

Katie Lin

Summary: Anchorage Digital has announced they are laying off roughly 20% of its staff, according to a report from Bloomberg. The crypto custodian cited the ongoing downturn and regulatory uncertainty as major factors to its decision. Anchorage’s cuts follows a host of other crypto firms, including Dapper Labs, Immutable and Polygon, who have similarly reduced their ...

Anchorage Digital has announced they are laying off roughly 20% of its staff, according to a report from Bloomberg.

The crypto custodian cited the ongoing downturn and regulatory uncertainty as major factors to its decision.

Anchorage’s cuts follows a host of other crypto firms, including Dapper Labs, Immutable and Polygon, who have similarly reduced their workforces this year.

Author: Katie Lin

Last Update:

Tags: ,,
Link: Crypto Custodian to Lay Off 20% of Staff   [Copy]
  • What to Expect from Bitcoin 2024 21 hours ago
  • Ethereum All Core Developers Execution Call #192 Writeup 6 days ago
  • The Product Gap in Blockchain: Shifting Focus from Infrastructure to User-Centric Appli... 8 days ago
  • What Would a Trump Presidency Mean for Bitcoin? 9 days ago
  • Google’s move on Wiz: a cybersecurity game-changer, or another pointless splurge? 10 days ago
  • You need to login to comment.