In response to challenging market conditions, blockchain analytics firm Chainalysis has confirmed a significant workforce reduction, shedding approximately 15% of its employees, totalling around 150 staff members. This marks the second round of layoffs for the company this year, as the ongoing crypto bear market has continued to exert pressure on the industry. In its first layoff, the company laid off 48 employees. Madeleine Kennedy, the Vice President of Communications at Chainalysis, confirmed the layoffs and emphasized the company’s commitment to long-term success as a consistently top-performing software company. ... (full story)