Steemit, a social network that rewards users with its own cryptocurrency, says it's laying off nearly 70% of its team, after its currency declined 96% (Larry Cermak/The Block)

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Techmeme

Larry Cermak / The Block:
Steemit, a social network that rewards users with its own cryptocurrency, says it's laying off nearly 70% of its team, after its currency declined 96%  —  Steemit, the company behind a blogging website that uses the Steem blockchain and cryptocurrency to reward publishers and curators …

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