Startups race to build a crypto-native, consumer-friendly messaging platform for web3 – TechCrunch

There’s no shortage of headlines about the onset of “crypto winter.” Amid a growing pile of bankruptcies, one of the buzziest startups in the business, the NFT marketplace OpenSea, announced a major layoff just today. Behind the scenes, however, plenty of founders and VCs are doubling down on the promise of largely decentralized, blockchain-based outfits,…

Tonal just shed over a third of staff to help it become a ‘self-sustaining and profitable business’ – TechCrunch

Tonal, an at-home fitness company last valued at $1.6 billion, has laid off 35% of its workforce in what the company says was “responsible” decision made in order to grow at a more sustainable rate. “Tonal is prioritizing becoming a self-sustaining business with an emphasis on profitability,” the company said in an a statement confirming…