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67 Greed

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Anchorage Digital cuts 17% of staff amid crypto market downturn

Anchorage Digital, a $4.2 billion federally chartered US digital asset bank, reportedly cut 17% of its workforce this week.

  • Anchorage Digital reportedly cut 17% of its global workforce this week.
  • The reduction would amount to roughly 68 roles if headcount stayed at the ~400 level reported in February.
  • Anchorage received a $100 million strategic investment from Tether earlier this year.
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