Crypto Market Crash News
Bitcoin hit a record high of $68,000 in November last year.
The Chinese government banned Bitcoin mining in July last year.
Bitpanda has laid off 250 employees amid the crypto winter as digital coins crash.
The company, valued at $4.1 billion during their last fund raise in August last year, has also rescinded offers they made recently.
Coinbase Global Inc said on Tuesday it would cut about 1,100 jobs.
BlockFi and Crypto.com have also slashed hundreds of jobs.
Meta Platforms and Intel Corp also tapped the brakes on hiring.
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