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After Crypto Giants Bitmain & ShapeShift Cut Staff, So Does Blockfolio

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Although 2019 has dawned, the crypto “nuclear winter” of yesteryear has yet to entirely abate. Just weeks after Bitmain, ConsenSys, ShapeShift, Huobi, among other Bitcoin-related startups, cut a number of their staff, Blockfolio, which manages one of the most used applications in the industry, also had to wave goodbye to talent.

Related Reading: Legendary Venture Capitalist: “We’re Close to a Crypto Nuclear Winter”

Blockfolio Shrinks Team

In October, Edward Moncada, the chief executive at crypto services provider Blockfolio, took to his company’s Medium to reveal that a number of financiers sent $11.5 million his way. This funding round, a ...

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