The acquisition has raised many eyebrows from observers, as they wonder why JPMorgan would sell their database network.
Although the Ethereum incubator blames Covid-19 for its troubles, the layoffs aren’t the first the company has made this year.
ConsenSys receives a $10 million investment from SK Group
Consensys announces partnership with LVMH, Microsoft
Ethereum incubator ConsenSys seeking $200M from venture capitalists