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Anchorage Digital Reportedly Cuts 17% of Workforce

Summary by Cointelegraph
The reported cuts come as Anchorage expands its institutional footprint, including stablecoin issuance and a $100 million investment from Tether.

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Anchorage Digital announced a cut of about 17% of its workforce and attributed the decision to cost pressures that affect the entire crypto sector. The company did not detail what equipment the changes will undergo or whether the operation of its subsidiary bank will have any impact.

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Anchorage Digital lays off about 17% of staff as sector-wide cost pressures bite

Anchorage Digital is laying off about 17% of staff, citing sector-wide cost pressures, roughly three years after cutting 20% of its workforce.

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Cryptocurrency News | Cryptocurrency Prices | Market Cap broke the news on Friday, October 2, 2026.
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