Blockchain data platform Nansen cuts 30% of its workforce

ChainCatcher news, blockchain data platform Nansen announced a 30% layoff. Its CEO Alex Svanevik stated in a tweet that the decision to reduce the Nansen team size was difficult. He pointed out that Nansen expanded too quickly, leading to its extension into areas that do not belong to its core strategy, resulting in excessive costs. Additionally, due to the current bear market, the past year in the crypto market has been brutal, and its top priority is to establish a sustainable business. (source link)