June 23, 2026

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Bear Market Forces Ethereum Startup “Status” to Trim 25% of Its Employees

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Bear Market Forces Ethereum Startup “Status” to Trim 25% of Its Employees

A blockchain startup that raised operational funds in Ethereum has come in the middle of what is known as the “crypto winter.” Status, as the project is called, recently announced that it has laid off 25% of its workforce citing economic scarcity. In a recently published blog post, the startup blamed this year’s extended bearish

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