Crypto.com Cuts 20% of Staff in Latest Retrenchment by a Top Crypto Exchange in Fight for Survival

Crypto.com has announced that it will cut 20% of its staff, citing macroeconomic headwinds and the collapse of rival exchange FTX as its reasons. “While we continue to perform well, growing to more than 70 million users worldwide and maintaining a strong balance sheet, we’ve had to navigate ongoing economic headwinds and unforeseeable industry events,” Crypto.com co-founder and CEO Kris Marszalek wrote in a blog post on Friday.... Read More: Crypto.com Cuts 20% of Staff in Latest Retrenchment by a Top Crypto Exchange in Fight for Survival