dYdx, the company building an on-chain crypto derivatives exchange, fired 35% of its core team Tuesday, said CEO Antonio Juliano.
dYdX is one of the best-known, blockchain-based venues for trading crypto derivatives.
Consensys, the maker of the MetaMask wallet, one of the main supporters of the Ethereum network, is laying off 20% of its workforce, blaming broader macroeconomic conditions and ongoing regulatory uncertainty, including the Securities and Exchange Commission’s (SEC) “abuse of power” in the space.
Follow us @PRG Radio News