DCG subsidiary Luno announces a 35% layoff to cope with the crypto winter

ChainCatcher news, Luno, a cryptocurrency exchange under Digital Currency Group, announced a 35% layoff. Its CEO Marcus Swanepoel stated that "crypto turmoil" has affected Luno's "overall growth and revenue numbers," prompting the platform to take layoffs and other measures.

According to ChainCatcher previous report, Luno stated that operations are not affected by Genesis, and customer funds are safe. The platform's founder and CTO Timothy Stranex left in December last year. (source link)