Crypto Firms Cut Back on Hiring During Market Downturn

Cryptocurrency firms have put the brakes on their spending spree in response to the constant crypto price drop.

In the last few weeks, coinbase global Inc., the largest US crypto exchange, canceled offers to employees accepting jobs, saying it would slow its pace. hiring speed, Another crypto exchange, Gemini Trust Company, cut 10% of your workforceCiting the impact of the downturn in the market.