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Luno

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Luno crypto exchange restructuring

2 clusters · 9 sources · last updated

Latest: Luno halts crypto transfers for affected users, sets Aug. 31 cash‑out deadline

In late July 2026, Luno, the crypto exchange owned by Digital Currency Group, announced a 20% cut to its global workforce, adding to a previous 35% reduction in early 2023. The layoffs were framed as part of a shift towa

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Bitcoin price drop and crypto layoffs

2 clusters · 4 sources · last updated

Latest: Bitcoin price falls as crypto firms cut jobs and on‑chain data shows no capitulation

In late July 2026 Bitcoin slipped to around $63,000, prompting a 2.5% decline in the cryptocurrency market and a sell‑off in crypto‑related equities. The pullback erased over $530 million in long positions and triggered