[Gemini Plans to Lay Off Up to 25% of Employees, Affecting U.S. and Singapore Markets] Odaily Planet Daily News: Cryptocurrency exchange Gemini announced plans to lay off up to 25% of its workforce, impacting as many as 200 positions globally, including employees in the U.S. and Singapore. Gemini co-founders Tyler and Cameron Winklevoss stated: 'For various reasons, these overseas markets have proven difficult to succeed in. We find ourselves struggling with organizational and operational complexities, which have increased our cost structure and slowed us down.' (Bloomberg)