ConsenSys, one of the biggest Ethereum (ETH) developer hubs, has felt the effects of the bear market, recently letting go of up to 13% of its staff. Only a day after the publication of a Forbes profile of the Ethereum hub, CEO Joe Lubin sent out an email to employees to announce the reduction of “mesh members.” The layoffs have affected some of the supporting teams that work along with the “spokes,” or semi-independent startups within the Ethereum ecosystem.

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