Indian Crypto Exchange WazirX Lays Off Roughly 40% of Its Employees: Sources

“As India’s No 1. change, our precedence is to be financially secure and to proceed serving our clients,” the corporate mentioned. “To realize this, we have needed to cut back our workers to climate the crypto winter. This example is just like the making an attempt instances the trade confronted in 2018; at the moment, we doubled down and constructed our modern P2P engine. The crypto trade operates in cycles and the bear market is inevitably adopted by a spectacular bull market. We’ll proceed to deal with our buyer wants and proceed to construct. We’re assured that we’ll come out stronger when the bull market arrives.”