Although its shares have gained 17.8% this week, Robinhood is still coping with the deterioration of the crypto space and announced it will cut 23% of its workforce just a few months after laying off 9%. The trading platform’s second-quarter earnings report showed revenue rose from $299 in Q1 to $318 million in Q2, but that’s well off the $564 million in 2021’s Q2. It lost 34 cents per share. Robinhood also reported monthly active users were down by more than 7 million.