Luno cuts 20% of staff as crypto layoffs spread across 12 firms in July

CryptoInfo Editorial Team · Published on July 30, 2026 at 04:13 · Updated on July 31, 2026 · 1 min read

✓ AI-assisted, based on real reporting ✓ Educational content only — not financial advice ✓ Transparent Methodology

Key Takeaways

→Luno has cut 20% of its staff
→At least 12 crypto companies reported job cuts in July
→Gnosis is among the companies affected by the layoffs

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Luno, a cryptocurrency company, has cut 20% of its staff, according to reporting from CoinTelegraph. This move is part of a larger trend of crypto layoffs that has affected at least 12 companies in July.

Other companies, including Gnosis, have also joined in the round of industry restructurings. The layoffs suggest a shifting landscape in the cryptocurrency industry.

Source: CoinTelegraph ↗

Related Coins

Gnosis GNO