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Crypto research firm Messari laid off 15% of its workforce this week.

According to The Block, Eric Turner, CEO of cryptocurrency data site Messari, said that earlier this week, Messari made some changes to its organizational structure to streamline its business and double down on growth in its core product line, laying off about 15% of its employees. The company also decided not to engage in contract renewals with some contractors, according to a person familiar with the matter.