TheBlock
Dune, one of the crypto industry's most-used on-chain data platforms, has laid off 25% of its workforce. CEO Fredrik Haga announced the cuts on X, citing the firm's heavy investment in AI-powered tools as a key driver — the implication being that automation is now doing work that previously required headcount.
The timing is notable. The cuts follow Blockworks and DL News both shutting down their newsrooms to pivot toward research and data products, and a broader wave of crypto-adjacent layoffs. A pattern is forming: as AI tooling matures, data and media companies in the crypto space are recalibrating their staffing models around smaller, more automated teams.
For investors, the read is two-sided. Leaner operations can improve margins, but a sector-wide compression in crypto data and media headcount also signals that growth expectations have been quietly reset downward across the…
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