> As we prepare for the next major bull cycle, it has become clear that we need to focus on talent density across the organization to ensure we remain nimble and dynamic. This is not a case of rightsizing, but rather, re-evaluating whether we have the right talent and expertise in critical roles.

This is some next level PR "major bull" right here. Not only are they claiming with a straight face that these are not layoffs, but they're saying it's happening because crypto is about to rocket to the moon! (As opposed to, say, Binance being currently raked over the coals by every financial regulator on the planet.)