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It Started: Huge Lay Offs, Banks In Trouble, \u0026 Interest Rates Are HighOn Wednesday, founder Joseph Lubin published a blog post announcing 97 layoffs�11% of the firm's staff. In an interview with Fortune, Lubin. Polygon, a secondary scaling solution provider founded by three Indians for Ethereum blockchain, has laid off 20% of its team, impacting layoffs, new reports show demand for AI and blockchain to work together, Ethereum developer interest hit new highs last year and Tether.