Crypto Winter Forces New Layoffs

Mike Novogratz's Galaxy Digital, one of the key players in the crypto space, is reportedly contemplating cutting as much as 20% of its staff as crypto winter’s chill continues to bite. At the top of today's Real Vision Crypto Daily Briefing, Marco Olivera and Moritz Seibert discuss a new wave of layoffs that includes crypto exchange BitMEX and venture capital firm Digital Currency Group. Marco and Moritz also talk about Elon Musk's plan to charge a fee for Twitter verification and another hack that saw $28 million taken from crypto options and futures exchange Deribit. Later, Pranav Kanade, a portfolio manager for the VanEck Digital Assets Alpha Fund, joins the conversation to share his insights on finding value in the current environment. Learn more about your ad choices. Visit podcastchoices.com/adchoices