Crypto lending platform Celsius lays off 150 employees
The platform last month interrupted all withdrawals citing “extreme market conditions”.According to the Israeli media calcist, he has now dismissed about 150 of his employees.”We are concentrated and work as quickly as possible to stabilize liquidity and operations, in order to be positioned to share more information with the community,” wrote Celsius in a blog.
“We operate with the whole community and all customers in mind while we work through these difficult times,” he added.Celsius raised $ 750 million in funding at the end of last year, reaching an assessment of $ 3 billion.
The American-Israeli company had treated $ 8.2 billion in loans and had $ 11.8 billion in assets by May this year.Earlier this month, the cryptocurrency broker travel Digital suspended all exchanges, deposit deposits and loyalty awards, while the best cryptographic coverage fund Three Arrows Capital (3AC) has filed a record United States, in which traveling has made significant investments.
Development came as popular cryptographic tokens such as Bitcoin and Ethereum denounced almost 70% of their record peaks in the middle of economic collapse.Last month, the vauld cryptocurrency exchange decided to reduce its workforce by around 30%.
he bybit of the exchange of cryptocurrency based in Singapore has dismissed 2,000 employees while the exchanges and global cryptography companies, including Coinbase, Gemini, Crypto.com and others, announced the reduction of their hand- of work.
