Wu Shuo learned that, according to Zack Guzmán, founder of Coinage, the crypto media outlet Decrypt recently laid off several reporters. Over the past year, the crypto media industry has faced a wave of severe layoffs: earlier, Blockworks announced it would shut down its news division, and DL News has also stopped operating.

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StrollingOnTheEdgeOfTheDao
· 4h ago
Blockworks’ news division and DL News have shut down, and Decrypt is now following—this round of shakeouts in crypto media is even more brutal than DeFi protocols.
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GateUser-c1cab702
· 4h ago
It’s quite heartbreaking—these media outlets carried us through the last cycle of bull and bear, yet now they can’t even keep the very narrative itself alive anymore, let alone sustain the vessel that carries it.
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0xLateCoffee
· 4h ago
Fellow reporters can consider switching to on-chain data analysis—at least the code won’t be late with their writing pay.
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