Blockchain Phone Fail: Start-up Sirin Labs, Lays off 25% of its Staff

By CCN.com: Sirin Labs, founders of the Finney blockchain phone are making 15 of their 60-person team redundant, as crypto winter bites back with sales of its flagship device “less than expected”. The market may be showing some positive signs as bitcoin, ethereum and others made strong gains in April, but the bear market continues to show its teeth, claiming the scalp of another start-up. Sirin Labs, founded by Israeli businessman Moshe Hogeg, first announced the $1,000 smartphone back in July. To much fanfare they claimed it was the world’s first ‘blockchain-powered’ handset, with one of its main selling points

The post Blockchain Phone Fail: Start-up Sirin Labs, Lays off 25% of its Staff appeared first on CCN

source https://www.ccn.com/blockchain-phone-fail-start-up-sirin-labs-lays-off-25-of-its-staff

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