Bitcoin

<ul><li>Bybit announces a 30% workforce reduction due to the ongoing bear market.</li><li>Swyftx announced 40% lay-offs due to deteriorating digital asset markets.</li><li>Many crypto exchanges conduct mass layoffs fearing the upcoming cold winter.</li></ul>According to co-founder and Chief Executive Officer Ben Zhou, the crypto exchange Bybit announced to cut its workforce by 30% in light of the ongoing bear market in the asset class.Reductions in the workforce would be made across the board as the company approaches reorganization to prioritize operations, Zhou said on Sunday. <a href="https://coinedition.com/strong-bear-market-pushes-swyftx-and-bybit-to-make-mass-layoffs/" rel="noopener noreferrer nofollow">See original on CoinEdition</a>

Strong Bear Market Pushes Swyftx and Bybit to Make Mass Layoffs

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