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Insurtech layoffs continue, sparking questions about how companies determine job cuts. WSJ Your Money Briefing explores the decision-making process. Hippo Video, a video platform, is introduced with an overview. CEO of Leave Pity City addresses employee concerns over bonuses, offering insights on the company's approach.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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