Anchorage Digital announced the layoff of 20% of its workers due to the crypto winter and regulatory uncertainty in the US. This is the latest development in a series of events that have affected both the banking and the crypto industry as a whole. 2023 has been marked by the closures of three major banks —and the second-largest — along with a continuation of the Crypto winter that has brought a lot of pain in the whole blockchain ecosystem, from crypto native businesses like Dapper Labs and Huobi to real behemoths such as Meta.
Source: Felix Mollen, 2023-03-16; https://cryptopotato.com/crypto-bank-anchorage-digital-to-lay-off-20-of-its-workforce/