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



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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