Crypto exchange Luno cuts 20% of staff amid automation push and retail trading slumps
The DCG-owned company previously cut 35% of staff in January 2023 citing tough market conditions.
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Summary
- Cryptocurrency exchange Luno is cutting about 20% of its global workforce as weaker retail trading and automation reshape the exchange.
- The firm’s CEO said investments in automation and other operational improvements over the past year had changed the resources needed to run the business.
- The DCG-owned company previously cut 35% of staff in January 2023 citing tough market conditions.
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Anvil is a shared on-chain collateral layer built on a programmable letter of credit: reserve assets as a guarantee -no loan, no interest, keep custody & yield.
Anvil is a shared on-chain collateral layer built on a programmable letter of credit: reserve assets as a guarantee -no loan, no interest, keep custody & yield.
Why it matters:
Anvil is a shared on-chain collateral layer built on a programmable letter of credit: reserve assets as a guarantee -no loan, no interest, keep custody & yield.
