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US crypto exchange Kraken plans to lay off 1,100 people, or 30% of its workforce, citing a need to "adapt to current market conditions" (Danny Nelson/CoinDesk)

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US crypto exchange Kraken plans to lay off 1,100 people, or 30% of its workforce, citing a need to "adapt to current market conditions" (Danny Nelson/CoinDesk)
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Danny Nelson / CoinDesk:

US crypto exchange Kraken plans to lay off 1,100 people, or 30% of its workforce, citing a need to “adapt to current market conditions”  —  The crypto exchange is laying off 1,100 people, sending its headcount back 12 months.  —  Crypto exchange Kraken said Wednesday …



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