Crypto Lender Genesis Cuts 30% of Staff
Genesis faced financial turmoil as crypto hedge fund Three Arrows Capital and trading firm Alameda Research went belly-up.Screenshot: GizmodoGenesis Global Trading Inc. has been feeling the heat of the crypto crash that has been plaguing the industry over the past several months. The firm announced today that it was laying off 30% of its workforce, as first reported by the Wall Street Journal. This round of layoffs is the second since August, when the company first laid off a reported 20% of its staff in an initial cut…