"Interesting developments at Kraken! The appointment of Arjun Sethi as co-CEO and the managerial shakeup could bring fresh perspectives and growth opportunities for the exchange. However, the reported 15% staff layoffs raise concerns about the company's current state and the impact on remaining employees. Hope Kraken clarifies the layoffs and addresses any uncertainty. Wishing the team a smooth transition and success in this 'new day'!