Just over the weekend, two prominent crypto exchanges announced layoffs as the effects of the crypto winter continue to be felt. Bybit has laid off 30% of its workforce which marks the second time the exchange conducted layoffs in 2022. On the other hand, Australia-based exchange Swyftx has also cut around 40% of its staff as it weathers the waves caused by the FTX fallout.
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Source: Cryptocurrency - investing.com