dYdX Price Jumps 5% Despite Major Layoffs Of 35% Core Team

The decentralized derivatives platform dYdX recently announced that it had laid off 35% of its workforce, including core team members. Despite the workforce reduction, the price of the platform’s native token, dydx, rose by 5.56%, as traders reacted positively to the restructuring news. CEO Antonio Juliano, who recently returned to the company after a six-month The post dYdX Price Jumps 5% Despite Major Layoffs Of 35% Core Team appeared first on CoinGape .

Source: CoinGape