🔔 Crypto Market News: dYdX and ConsenSys Announce Layoffs!

- dYdX laid off 35% of its staff. CEO Antonio Juliano explained this as a necessity to "revitalize" the exchange.

- ConsenSys reduced its workforce by 20%. CEO Joseph Lubin blamed macroeconomics and uncertainty in cryptocurrency regulation in the U.S.

- Despite the rise of Bitcoin to $73,600, companies are forced to cut costs.

📉 Stay tuned!