ByBit Crypto Exchange to Cut Staff by 30 Percent as Market Slump Sees No End

ByBit crypto exchange has decided on laying-off 30 percent of its workforce amid the ongoing crypto winter. The development was confirmed by ByBit CEO Ben Zhou on Twitter. ByBit, the Singapore-based company ranks eight out of 241 exchanges in terms of trading volume on CoinMarketCap and this is its second round of lay-offs this year.

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