Crypto Data Provider Nansen Cuts Almost One-Third of Staff

Crypto data provider Nansen has become the [latest company](https://www.wsj.com/articles/crypto-layoffs-and-bankruptcies-in-2023-heres-the-list-to-watch-7d85b645) in the industry to announce layoffs, as last year's collapse in crypto prices continues to have an impact. Chief Executive Officer Alex Svanevik said Wednesday that the Singapore-based company was cutting 30% of its staff, the result of the "brutal" crypto bear market last year.