Crypto Exchange BitMEX Cuts Staff as It Pivots Back to Derivatives Strategy

“We are going to refocus on liquidity, latencies and a vibrant derivatives community including BMEX Token trading,” BitMEX said in a statement shared with CoinDesk. “As an undesirable consequence, we had to make changes to our workforce. Our top priority is to make sure all employees who will be impacted have the support they require.”