Crypto Layoffs Continue: Sirin Labs Cuts Staff, Ledger May Enlist Lay Off

Over recent weeks, Bitcoin (BTC) and altcoins have embarked on a monumental recovery. Since April 1st, the asset has rallied by 25%, moving from $4,150 to $5,250 as of press time.

However, this market recovery hasn’t done much to stem the flow of blood from industry startups. In fact, two prominent companies in this sector recently announced layoffs of a handful of employees, accentuating that this so-called “crypto winter” hasn’t concluded just yet.

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