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dYdX Trading has laid off 35% of its core team members

According to the official announcement, dYdX Trading has cut 35% of its core team members. Antonio Juliano, CEO and co-founder, wrote in a blog post: "The decision was made because we realized that the company we built was different from the one dYdX had to become. We will continue to move forward with clear thinking and new passion. We will create amazing work". Juliano, who initially left the company on May 13 for personal and professional reasons, returned to the company on October 10 after a six-month sabbatical to lead the development of Cosmos-based protocols.