For subscribers
Job cuts in crypto led by volatility, lack of funding
Sign up now: Get ST's newsletters delivered to your inbox
The digital asset market has been in a bloodbath in recent months.
PHOTO: REUTERS
Follow topic:
SINGAPORE - The road ahead for cryptocurrency firms will be a bumpy one with more players likely to tighten their belts in the coming weeks following a spate of job cuts at big names like Coinbase, crypto.com and BlockFi.
On Tuesday (June 14), crypto exchange Coinbase told employees in an e-mail that it would cut about 18 per cent of full-time jobs. It has about 5,000 staff.
