Crypto's Layoff List Grows as Anchorage Digital Reportedly Trims 17% of Its Workforce

Crypto Insight Summary: Anchorage Digital, the first federally chartered US digital asset bank, has reportedly laid off 17% of its staff. Chief Executive Nathan McCauley told employees about the cuts this week, according to The Information. The report cited people familiar with the matter and tied the layoffs to a year-long crypto market slump. Anchorage has not publicly Crypto Insight Analysis: Direction: Bearish Crypto Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Layoffs at major crypto firm signal ongoing market weakness.