Bitcoin Upstart BlockEx Shivers In Extended Crypto Winter

While 2019, the purported year that the Bitcoin ecosystem would undergo a turnaround, is in full swing, crypto startups have continued to fall on bad times. Most recently, a London-based, multi-faceted company revealed that “staff reductions” had taken place, likely catalyzed by the tumult in crypto markets. Related Reading: Legendary Venture Capitalist: “We’re Close to a Crypto Nuclear Winter” Bitcoin Exchange BlockEx Purges Staff In “Reduction” As Bitcoin peaked at $20,000, BlockEx, a London-headquartered upstart with visions of grandeur, launched its token sale. BlockEx was marketed as a platform for issuing…