Top blockchain analytics firms cut staff, reduce salaries to blunt coronavirus pandemic impact
April 9, 2020, 12:02PM EDT · 4 min read
- 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.