Crypto Winter Forces New Layoffs

Mike Novogratz's Galaxy Digital, one of the key players in the crypto space, is reportedly contemplating cutting as much as 20% of its staff as crypto winter’s chill continues to bite. At the top of today's Real Vision Crypto Daily Briefing, Marco Olivera and Moritz Seibert discuss a new wave of layoffs that includes crypto exchange BitMEX and venture capital firm Digital Currency Group. Marco and Moritz also talk about Elon Musk's plan to charge a fee for Twitter verification and another hack that saw $28 million taken from crypto options and futures exchange Deribit. Later, Pranav Kanade, a portfolio manager for the VanEck Digital Assets Alpha Fund, joins the conversation to share his insights on finding value in the current environment.
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Mike Novogratz's Galaxy Digital, one of the key players in the crypto space, is reportedly contemplating cutting as much as 20% of its staff as crypto winter’s chill continues to bite. At the top of today's Real Vision Crypto Daily Briefing, Marco Olivera and Moritz Seibert discuss a new wave of layoffs that includes crypto exchange BitMEX and venture capital firm Digital Currency Group. Marco and Moritz also talk about Elon Musk's plan to charge a fee for Twitter verification and another hack that saw $28 million taken from crypto options and futures exchange Deribit. Later, Pranav Kanade, a portfolio manager for the VanEck Digital Assets Alpha Fund, joins the conversation to share his insights on finding value in the current environment.

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