ChainCatcher news, according to The Block, based on the official announcement, dYdX Trading has laid off 35% of its core team members. CEO and co-founder Antonio Juliano wrote in a blog post: "The decision was made because we realized that the company we built is different from the company dYdX needs to become. We will move forward with clarity of thought and new passion. We will create amazing work."

ChainCatcher news, dYdX founder Antonio Juliano announced that he has returned to the position of CEO and will enter founder mode to personally run the company.Previous news, in May of this year, Antonio Juliano resigned as CEO of dYdX Trading Inc., taking on the role of chairman and president, while former Chief Strategy Officer Ivo Crnkovic-Rubsamen became the new CEO.

ChainCatcher news, dYdX founder Antonio Juliano stated in an official blog that he will resign as CEO of dYdX Trading Inc. and take on the roles of Chairman and President, while the company's operating partner Ivo Crnkovic-Rubsamen will become the new CEO.Juliano stated: "I realized that I actually don't have to run my own company. I am, and will always be, the founder of dYdX. When I realized that I didn't need to be the CEO, I worked to guide the other leaders in the company on their own leadership journeys until one of them was ready to run the company personally. Earlier this year, I clearly realized that my longtime friend and company operating partner Ivo Crnkovic-Rubsamen was ready to take over the company fully."