Buenbit fires more than 40 percent of its employees following an extreme strategy.

Buenbit, an Argentine crypto firm, is going through a rough patch and laid off 40 percent of its employees. With less than a week until May ends, the cryptocurrency market continues to have a bearish streak where Bitcoin, its main protagonist, reaches a value of over $30,000, according to CoinMarketCap. This bearish streak in the...