Steemit Lays Off 70% of Its Staff, Citing Crypto Bear Market

Blockchain startup Steemit has laid off close to 70 percent of its staff, citing the prolonged bear market for cryptocurrency. In a video address posted to YouTube Thursday, Steemit CEO and founder Ned Scott said: “While we were building out our team over the last many months we have been relying on projections of basically a higher […]

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