Polygon Labs has laid off 19% of its staff to enhance performance. Meanwhile, all spot Bitcoin (BTC) exchange-traded funds (ETFs) combined, except Grayscale Bitcoin Trust (GBTC), added 142,294 Bitcoin in total in January 2024, while Celsius, now from Chapter 11 bankruptcy in the United States, is set to start distributing $3 billion worth of crypto and fiat to creditors. 

CEO Marc Boiron said the firm would let go of 60 people for enhanced performance. He described the layoffs as difficult, but necessary,” noting there were no financial motivations for the decision. As such, the CEO said each remaining employee would get a 15% pay hike. #Write2Earn #TrendingTopic #PolygonGrowth #MATICAnalysis