Steem Surges 16% - Announces 70% Staff Cut

Steem is powering higher - currently up 16% to $0.36 after Tech Crunch reports Steemit.com is laying off 70% of its staff.

https://techcrunch.com/2018/11/28/steemit-a-decentralized-sharing-system-lays-of-70-of-staff/