Though declining to address specific numbers on how many have been laid off, a Crypto.com spokesperson told AdAge: “As disclosed in June, Crypto.com underwent a restructuring process that concluded in July to strengthen our position amidst the backdrop of a bear market climate … As part of that restructuring, we made the difficult decision to conduct targeted job reductions, 60% of those roles came from non-corporate, back office and support services tied to trade volumes.”
Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month...