Steemit, a social network that rewards users with its own cryptocurrency, says it's laying off nearly 70% of its team, after its currency declined 96% (Larry Cermak/The Block)

Larry Cermak / The Block:
Steemit, a social network that rewards users with its own cryptocurrency, says it's laying off nearly 70% of its team, after its currency declined 96%  —  Steemit, the company behind a blogging website that uses the Steem blockchain and cryptocurrency to reward publishers and curators …



from Techmeme http://www.techmeme.com/181128/p9#a181128p9