Crypto exchange Gemini lays off more employees in second round

After terminating nearly 10% of staff some time back owing to “turbulent market conditions'”, crypto exchange Gemini has laid off more employees in the second round of layoffs.

According to TechCrunch, the company laid off 7%, or 68 employees, in the second round on Monday.

Gemini is likely to lay off more employees in the next rounds, according to the report.