Crypto platform Luno announced a 20% workforce reduction. In July, at least 12 cryptocurrency companies carried out layoffs. Crypto wallet Exodus revealed a plan to cut 25% of its staff as part of a shift toward a full-stack card-issuance and stablecoin-payments platform, with projected annual savings of $10 million to $13 million. Blockchain infrastructure developer Gnosis also trimmed its workforce following a review of its consumer-facing Gnosis App.
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