Crypto companies tightened their purse strings in the first month of 2023, with at least 2,900 crypto staff cut loose across 14 crypto firms in January. The latest firm to reportedly initiate a layoff is the crypto infrastructure provider Prime Trust which reduced its employee count by a third according to reports. The reduction would equate to an estimated 100 or so staff cut as Prime had 312 employees on LinkedIn at the time of writing. (Cointelegraph)