PANews reported on August 28 that according to TechCrunch, the privacy and encryption-friendly browser Brave has laid off 27 employees, and the layoffs involved multiple departments. Brave cut 9% of its employees less than 10 months ago, explaining that it was in response to the challenges of the economic environment. The Brave browser focuses on privacy protection, blocks ads and trackers, and allows users to earn its native crypto token Basic Attention Token (BAT) by watching ads. Currently, the price of BAT has fallen 91% from its historical high in November 2021.