MobbleOpen in Mobble ⇢
Business · Cryptocurrency · published 2026-08-11 · via Bloomberg

Bitwise Trims Workforce by 14% Citing Crypto Sector Strain

Asset manager Bitwise has laid off 14% of its employees, attributing the cuts to ongoing pressure within the cryptocurrency industry. The reduction reflects broader difficulties facing crypto firms amid volatile market conditions. This move underscores the challenging environment for digital asset companies.

Read the full article at Bloomberg →
This summary is AI-generated and original to Mobble; the linked article is the authoritative source. Original headline: “Bitwise Cuts 14% of Jobs With Crypto Industry Under Pressure.” Browse more stories.