Ethereum World News
2022-07-03 14:27:55

Celsius Network Reportedly Lays Off 25% of its Workforce

Summary: Celsius Network has reportedly laid off 150 staff members who constitute 25% of its workforce. The team behind the lending platform had last month hired restructuring advisors. Celsius Network has also put forward three proposals for rebuilding through Bnk to The Future Capital: a restructuring to launch Celsius, a pool of most influential whales in Bitcoin to co-invest with the community, and an operational plan that allows a new entity to rebuild and make depositors whole. The crypto lending […]

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