Consensys, the maker of the MetaMask crypto wallet, is cutting 162 staff, ~20% of its workforce, and notes costly fights with regulators (Pritam Biswas/Reuters)

Pritam Biswas / Reuters:
Consensys, the maker of the MetaMask crypto wallet, is cutting 162 staff, ~20% of its workforce, and notes costly fights with regulators  —  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.