Bitcoin Upstart Bread Cooks Up $15M Amid Crypto Winter

ConsenSys, ShapeShift, Bitmain, and Huobi are among the notable crypto upstarts that have announced layoffs in recent weeks, citing bids to extend their financial runways. However, other Bitcoin-friendly companies have bolstered their war chests through other mediums, accentuating that venture investors haven’t shirked away from this budding sector. Far from, in fact.
Related Reading: Legendary Venture Capitalist: “We’re Close to a Crypto Nuclear Winter”
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