Crypto firm Consensys is planning to cut 20% of its workforce, or 162 employees citing macroeconomic factors like increased interest rates and inflation.

:Cryptocurrency firm Consensys said on Tuesday it would cut 20 per cent of its total workforce, citing broader macroeconomic pressures and ongoing regulatory challenges facing the industry.The decision will impact 162 of a total of 828 employees at the company, Consensys CEO Joseph Lubin told Reuters in a mai

Cryptocurrency firm Consensys said on Tuesday it would cut 20 per cent of its total workforce, citing broader macroeconomic pressures and ongoing regulatory challenges facing the industry.Crypto companies have frequently accused the Securities and Exchange Commission of regulatory overreach and exceeding

Cryptocurrency firm Consensys said on Tuesday it would cut 20% of its total workforce, citing broader macroeconomic pressures and ongoing regulatory challenges facing the industry. From a report: The decision will impact 162 of a total of 828 employees at the company, Consensys CEO Joseph Lubin told...