Staking rewards are compensation for services to keep the Ethereum network secure, ConsenSys executives said Monday in a blog post that argued the process should not be confused with an investment.&nb...
Tag: ConsenSys
OpenSea, ConsenSys among prized crypto startups with shares available at big discounts
As the crypto industry suffers, decacorns can be yours at mere unicorn prices. Shares in numerous private crypto startups are currently being offered at sizable discounts on Birel.io, a platform...
AI Rooted in Internet’s Original Sin, Says ConsenSys Economist
BeInCrypto spoke exclusively to Lex Sokolin, the Chief Cryptoeconomist at ConsenSys, about how bullish he is on Ethereum, the future of AI in Web3, and more. Lex had always been interested in finance ...
ConsenSys Joins zkEVM Craze With New Rollup Testnet Launch
ConsenSys will launch a permissionless testnet for its zero-knowledge Ethereum Virtual Machine rollup on March 28, 2023, hot on the heels of Polygon Labs. The testnet will be compatible with the self-...
ConsenSys To Begin Public Test Of Ethereum-Compatible zk-Rollup
ConsenSys has announced that it is set to begin a public test of its zkEVM rollup network. Public testing has been scheduled to commence on the 28th of March, 2023, and will clear the path for an even...
ConsenSys eyes Web3 notification service refinement with Hal acquisition
Blockchain technology services provider ConsenSys acquired Hal, a no-code blockchain development tooling platform, to disrupt alerts and notifications at the protocol level in Web3. The acquisition wi...
ConsenSys Acquires HAL to Augment Infura’s Blockchain Notification and Automation Capabilities
Introducing on-chain signaling into Infura’s product stack will allow developers to create alerts and notifications at the protocol level for various signals. More than 40 higher-level APIs for blockc...
ConsenSys Acquires Hal to Improve Alerts
ConsenSys, a company that provides services related to blockchain technology, has just completed the purchase of Hal, a platform for no-code blockchain development tools, with the purpose of causing a...
ConsenSys adds 7.03M votes to Uniswap BNB Chain migration proposal amid VC battle
Web3 infrastructure developer ConsenSys, the maker of the popular MetaMask digital wallet, has cast 7.03 million votes in favor of a proposal that would see decentralized exchange Uniswap’s v3 protoco...
ConsenSys founder ‘bullish’ on Ethereum following crypto winter performance
With Ethereum showing resilience through the latest cryptocurrency winter, ConsenSys founder Joe Lubin says he’s ‘bullish’ over Ether’s (ETH) relative stability through compounding macro events. Coin...
ConsenSys releases statement of support for continuation of the Jarrett tax case
ConsenSys issued a statement Feb. 7 in support of the appeal of the Jarrett v. United States case concerning the taxation of staking rewards. The case originated in a dispute over a refund of about $4...
ConsenSys Backs Lawsuit Against IRS Over Taxing Staked Crypto
Crypto software giant ConsenSys will financially support an ongoing lawsuit challenging the IRS’ ability to tax staking rewards, the company announced Tuesday. In 2021, Joshua and Jessica Jarrett sued...
ConsenSys Joseph Lubin Talks Contagion and Regulations Following 2022 CeFi Crash
Following the spectacular collapse of numerous CeFi companies last year, all regulatory eyes have been focused on the crypto industry. Joseph Lubin, the CEO of ConsenSys, also weighed in on the matter...
ConsenSys faces audit at shareholder request
Ethereum development firm ConsenSys will be audited at the request of its shareholders, according to a report from Finextra on Jan. 18. ConsenSys allegedly transferred business products and units betw...
ConsenSys Confirms Job Cuts; CEO Lubin Touts a Win for Decentralization Over ‘Ridiculous’ CeFi
“We’re keeping the company strong; we didn’t cut into muscle,” Lubin said in an interview with CoinDesk. “We sort of right-sized support functions, some customer support,...
ConsenSys slashes headcount 11% as chief economist reveals formula for adoption
ConsenSys, the parent company behind MetaMask, is letting go of 11% of its workforce, with CEO Joseph Lubin blaming “uncertain market conditions” brought on by recent collapses. In a blog post from Co...
Why Crypto Software Company ConsenSys Is Sacking Nearly 100 Staff
New York City-headquartered ConsenSys, the crypto software firm and parent company behind MetaMask, is sacking 11% of its personnel, Reuters reported, Thursday. Even though 2023 is barely a month old,...
Genesis reportedly preps for bankruptcy filing; ConsenSys plans layoffs
The biggest news in the cryptoverse for Jan. 18 saw rumors circulate suggesting that Genesis is preparing a prepackaged bankruptcy filing. Meanwhile, Ethereum development firm ConsenSys announced that...
ConsenSys CEO confirms layoffs, firm to focus on scaling core offerings
ConsenSys Advisory, Development, Education, Technology, Venture Capital Company in North America ConsenSys is a venture production studio and custom software development consultancy building decentral...
ConsenSys confirms 11% staff cut
Blockchain software company ConsenSys has laid off about 11% percent of its staff. The round of cuts affected a total of 96 employees, the firm said in a statement on Wednesday, confirming repor...
Court Orders Audit of ConsenSys AG – Trustnodes
There’s an internal battle going on within ConsenSys, ethereum’s biggest development studio, concerning the transfer of the Zug based ConsenSys AG assets to the Delaware incorporated ConsenSys Softwar...
ConsenSys is Planning to Lay-Off 100 Employees
ConsenSys Inc., a blockchain software technology company, is reportedly laying off 100 employees. At present it has around 900 employees in its working force. The reason behind this lay-off is undiscl...
ConsenSys to lay off over 100 workers
ConsenSys is reportedly making plans to lay off more than 100 workers from its team amidst gloomy market conditions. ConsenSys is a New York-based web3 company dedicated to developing next-gen enterpr...
ConsenSys announces an exclusive launch of zkEVM Private Beta
ConsenSys recently announced the launch of its zkEVM private beta. The news came through Twitter, where ConsenSys talked about opening the beta only for selected users. The roll-up capitalizes on year...