SINGAPORE : Crypto exchange Huobi plans to lay off about 20 per cent of its staff, Tron founder Justin Sun told Reuters.Sun, a Chinese cryptocurrency entrepreneur who is also a member of Huobi's global advisory board, said in a text message to Reuters that the 'structural adjustment' has not started and i
SINGAPORE : Crypto exchange Huobi plans to lay off about 20 per cent of its staff, Tron founder Justin Sun told Reuters.
In an internal memo to Huobi staff, Sun said Huobi has been like"a fire in the winter" despite the deteriorating macro environment. He said the platform has had an average of 20,000 new users the last three months.
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