Crypto Payments Company Wyre Reportedly Shutting Down Due to Market Downturn, Recently Valued at $1.5 Billion – Bear Market Getting Worse?

Crypto payments company Wyre reportedly started laying off employees - but also decided on a complete shutdown. Axios reported that the information was confirmed by two former employees. It cited one of these people as saying that the company's CEO Ioannis Giannaros sent an email to certain employees during the holiday season saying that the company would liquidate. According to this information, Wyre has plans to end its services already this month.... Read More: Crypto Payments Company Wyre Reportedly Shutting Down Due to Market Downturn, Recently Valued at $1.5 Billion – Bear Market Getting Worse?