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Friday, November 15, 2024

MetaMask Maker Consensys Cuts 20% Workforce, Faults SEC’s ‘Abuse of Power’

Consensys, 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.

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