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The Block (@TheBlockCo): THE BLOCK: Benchmark slashed its Exodus price target by nearly half after the crypto wallet cut 25% of its workforce on Friday.

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THE BLOCK: Benchmark slashed its Exodus price target by nearly half after the crypto wallet cut 25% of its workforce on Friday. Analysts say the layoffs help fund Exodus' pivot into full-stack stablecoin payments infrastructure and maintain a Buy rating on $EXOD

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