Crypto lending platform Celsius cuts 150 jobs

Cryptocurrency lending platform Celsius has laid off 150 employees, which is a quarter of its workforce, as the global crypto market goes through its worst meltdown.
The platform last month paused all withdrawals citing “extreme market conditions”.
According to Israeli media outlet Calcalist, it has now sacked around 150 of its employees.
“We are focused and working as quickly as we can to stabilise liquidity and operations, in order to be positioned to share more information with the community,” Celsius wrote in a blogpost.