A Clearing Day At Bithumb

A Clearing Day At Bithumb

Everyone is clearing their premises as if it’s a spring. Even mighty crypto platforms like Huobi, Bitmain, ConsenSys, and Coinsquare have announced layoffs. Now Bithumb is at it too. The biggest South Korean exchange will kick out 50% of its stuff.

And do you wanna have a laugh? They say it’s a “voluntary retirement” program in action. Like, are you for real? In times when unemployment slaps everyone’s asses, a voluntary retirement? Yeah, right. Why won’t you be transparent (a favorite word of crypto enthusiasts) and honest once in a while, just say it like it is! The business is going bad, we’re cutting heads. E presto.

And for those who proclaimed the end of crypto winter: please, please get your head out of whichever place it is. Look around. Read the news. Get your Uggs on, the cold is here to stay.