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Coin Edition

2023-02-18 11:26:00

More Crypto Firms Threatened With Layoffs and Bankruptcies

More Crypto Firms Threatened With Layoffs and Bankruptcies

The challenge around stablecoins that started in 2022 is extending its influence into 2023. The consequences of this development are whipping up more bankruptcies, with several companies subscribing to drastic adjustments that could lead to massive layoffs. The crash of TerraUSD in the spring of 2022 exposed several malpractices in the crypto industry, revealing how The post More Crypto Firms Threatened With Layoffs and Bankruptcies appeared first on Coin Edition .

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