CoinFLEX cuts "significant number" of staff
CoinFLEX, a yield farming platform that stopped withdrawals in late June, announced they had made major staff cuts to reduce their cost base by 50–60%. "The intention is to remain right-sized for any entity considering a potential acquisition of or partnership opportunity with CoinFLEX," they wrote in a blog post.
- "CoinFLEX Update: July 29, 2022", CoinFLEX blog