dYdX decentralized crypto exchange lays off 35% of staff after Consensys cuts

From Cointelegraph

October 29, 2024 8:32 PM:

In a surprising move, a decentralized crypto exchange recently laid off over a third of its employees, while Ethereum development firm Consensys also cut 162 staff members on the same day. The cryptocurrency industry continues to face challenges as companies navigate the volatile market conditions.

Read more at Cointelegraph: dYdX lays off 35% of staff shortly after major Consensys cuts