Top blockchain analytics firms cut staff, reduce salaries to blunt coronavirus pandemic impact

Quick Take

  • Top blockchain analytics firms – Elliptic, Chainalysis and CipherTrace – are moving to blunt the economic impact of the coronavirus pandemic
  • Elliptic has cut 30% of its workforce in the U.S. and the U.K., CEO James Smith told The Block
  • Chainalysis is planning a 10% pay cut, while CipherTrace has cut staff in its sales and marketing divisions
Top three blockchain analytics firms - Chainalysis, Elliptic, and CipherTrace – have either laid off staff or cut salaries amid the coronavirus pandemic.

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