Cryptocurrency exchange Luno is the latest company in the industry to make layoffs, setting out to cut 35% of its global workforce.

According to the company’s LinkedIn page, Luno has more than 600 employees, meaning it will cut over 210 jobs. Luno said the layoffs will affect employees in all regions. Headquartered in London, Luno has offices in Singapore, Cape Town, Johannesburg, Lagos and Sydney.

Successfully implementing self-regulation in the blockchain ecosystem is imperative, no matter what decisions and laws external forces might make, says Miguel Morel, founder and CEO of blockchain analytics company Arkham Intelligence.

Jan 25 (Reuters) – Digital Currency Group-owned Luno said on Wednesday it would cut 35% of its total workforce, the latest in a slew of companies in the digital assets sector to reduce headcount to weather a slump in the cryptocurrency market.

Facing a wave of withdrawals from skittish investors, a crypto-friendly bank is staying solvent thanks to an unusual multibillion-dollar loan — a move Jim Cramer says should knock you off your chair.

Murphy, North Carolina CNN — When Judy Stines first heard about cryptocurrency, “I always thought it was smoke and mirrors,” she said. “But if that’s what you want to invest in, you do you.”