Cryptocurrency exchange Bullish.com has joined other crypto companies in making layoffs to tackle the massive market downturn.
However, a company spokesperson confirmed that "Bullish continues to actively hire for products, engineering and other strategic roles as we continue to evolve our business strategy."
Bullish was launched last year as a subsidiary of Block.one - the software company behind the EOSIO blockchain protocol. Block.one and other investors provided an initial $10 billion in funding.
The company is based in the Cayman Islands and regulated by the Gibraltar Financial Services Commission. The crypto firm has hired employees across the world, with a large presence in Hong Kong.
Bullish's latest move just follows other crypto firms in cutting jobs due to a downturn in the market. Recently, Coinbase, Gemini, BitMEX, OSL and Abra have all cut down their workforces.
The Block reported that crypto trading and lending platform Abra has cut down a dozen jobs last week. Abra...
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