ConsenSys – Page 2

Consensys to SEC: Recognize the Advanced Safeguards Inherent in Ethereum’s Design

March 31, 2024

Consensys has told the U.S. Securities and Exchange Commission that Ethereum’s proof of stake implementation “meets and even exceeds the security of Bitcoin’s Proof of Work (PoW).” The blockchain software company said the commission should recognize the advanced safeguards inherent in Ethereum’s design which exceed the “security and resilience safeguards underlying bitcoin-based exchange-traded products.” The…
Read more

Revolut Reveals Revolut Ramp in Partnership with MetaMask

March 6, 2024

Banking services provider Revolut has joined hands with the popular crypto wallet MetaMask, revealing Revolut Ramp. According to the press release shared with Cryptonews, Revolut Ramp is the latest crypto offering available to users in the UK and European Economic Area (EEA). With this feature, said Revolut, the company is “doubling down on its commitment…
Read more

MetaMask Launches Real-Time Security Alerts on Major Chains

February 21, 2024

Self-custody crypto wallet MetaMask announced today it would extend default security alerts to web extension and mobile app users across multiple blockchains. In an X post, the Ethereum-based wallet said in addition to Ethereum, its MetaMask Security Alerts would now be available on Linea, BNB Smart Chain, Polygon, Arbitrum, Optimism, and Avalanche. Privacy-focused MetaMask Security…
Read more

Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation

November 23, 2023

Consensys senior counsel and director of global regulatory matters Bill Hughes spoke at the North American Blockchain Summit on crypto bills and their role in politics. Amid ongoing campaigns for the elections in 2024, many United States lawmakers have not sealed the deal on legislation aimed at establishing regulatory clarity on aspects of the digital…
Read more

3 reasons why Ethereum price is underperforming altcoins

November 6, 2023

Eth price trades at a key resistance level, but data highlights why the altcoin could struggle to hold $1,900. Ether (ETH) price surged by 6.2% from Nov. 3 to Nov. 5, but the altcoin faces difficulty in breaking the $1,900 resistance. Despite the current bullish trend, Ether’s 17% return over the last 30 days falls…
Read more

Ethereum Co-Founder, Consensys Sued By Early Employees Over Alleged Equity Promises

October 20, 2023

More than two dozen early employees of the blockchain software company Consensys have filed a lawsuit against Ethereum co-founder Joseph Lubin, Consensys, and other parties. The plaintiffs allege Lubin broke contractual promises related to equity compensation made when the employees joined the company in its formative years starting in 2014. Ethereum Co-Founder Joseph Lubin Faces…
Read more

Former ConsenSys Employees Sue CEO Joseph Lubin Over Alleged Equity Dilution

October 20, 2023

Former employees of ConsenSys have filed a lawsuit against the company’s founder CEO, Joseph Lubin, alleging that he breached a “no-dilution promise” made in 2015. The lawsuit filed in New York Supreme Court on October 19, claims that Lubin diluted the equity shares of former staff, contrary to earlier assurances. The plaintiffs contend that Lubin…
Read more

VC Roundup: Investors eyes blockchain analytics, gaming and crypto privacy

October 2, 2023

Bubblemaps, CoinScan, Hinkal Protocol, and Mythic Protocol are among the latest crypto and blockchain funding deals. Crypto startups keep raising capital despite tight liquidity and adverse macroeconomic conditions. September saw major developments in the space, such as Farmville co-creator Amitt Mahajan raising $33 million to create Web3 games, and Animoca Brands disclosing $20 million capital…
Read more

Consensys Announces Sunset of Ganache and Truffle Toolkits, Marking the End of an Era for Ethereum Development

September 23, 2023

On September 22, ConsenSys, a leading Ethereum software company, announced the sunset of Truffle and Ganache, two widely used toolkits that were instrumental in developing and testing smart contracts on Ethereum. The company is redirecting its focus towards MetaMask toolkits like Snaps and SDK to empower developers. To ensure a seamless transition, ConsenSys will be…
Read more

Web3 Innovators Get a Boost with Consensys’ $1.5 Million Fellowship Program

September 22, 2023

Blockchain development firm Consensys has announced the launch of its inaugural Consensys Fellowship Program, aimed at providing critical support for Web3 startups and founders. The pre-accelerator program is designed to empower participants to harness the potential of Web3 technologies, particularly those within the Consensys software suite, including MetaMask SDK, MetaMask Snaps, and Linea…. Read More:…
Read more

Category: ConsenSys