MetaMask Developer Consensys Cites U.S. SEC Actions and Regulatory Uncertainty for 20% Staff Layoff

In a blog post published on October 29, Joe Lubin, Founder and CEO of Consensys, discussed the company’s decision to reduce its workforce by 20% in response to global economic pressures and a challenging U.S. regulatory landscape. Lubin talked about how rising interest rates, inflation, and tightened liquidity have created a more cautious environment for