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Crypto’s main value proposition is that base networks are supposed to be online, all the time. Out of this ultra-high reliability, DeFi platforms, whether lending or decentralized exchanges, can function at any time of the day, all without censoring transactions, another big plus. True, Bitcoin, Ethereum, and mainnets powering some of the next 100X cryptos … Read more
Key Takeaways Consensys selected JPMorgan and Goldman Sachs to underwrite its planned IPO. The firm is best known for creating MetaMask, a leading crypto wallet, and is preparing to go public through several strategic initiatives. Share this article Consensys, the blockchain software company behind the MetaMask wallet, has selected banking partners to underwrite its planned … Read more
SWIFT has reportedly mobilized a consortium including BNY Mellon and BNP Paribas for a pivotal experiment that includes migrating its core messaging system onto ConsenSys’ Ethereum layer-2, Linea. Summary SWIFT and banks including BNY Mellon and BNP Paribas are reportedly testing blockchain messaging on Consensys’ Ethereum layer 2, Linea. The project follows SWIFT’s 2023 tokenization … Read more
Key Takeaways Consensys CEO Joe Lubin has hinted at an imminent launch of a MetaMask token, reigniting community speculation. MetaMask is widely used with over 30 million monthly active users and supports access to Ethereum and compatible decentralized apps. Share this article Consensys CEO Joe Lubin hinted at the imminent launch of a MetaMask token … Read more
Key Takeaways Consensys Treasury is transferring its 15% LINEA token allocation to a qualified, regulated custodian for secure, long-term storage. The custodian provides regulatory compliance and insurance coverage for the stored LINEA tokens. Share this article Consensys Treasury is moving its 15% LINEA token allocation to a qualified custodian for secure, long-term storage today. The … Read more
Key Takeaways Consensys is laying off 49 employees, about 7% of its workforce, as part of a push for profitability. The US SEC has dropped its case against Consensys amid changes in the country’s regulatory environment. Share this article Consensys, the company behind the popular crypto wallet MetaMask, is considering cutting about 7% of its … Read more
New filings show that Consensys, Solana, and Uniswap were among the crypto firms that donated millions to Trump’s inauguration. Multiple crypto firms donated quietly to Trump, including Consensys, Solana, and Uniswap. A recent FEC filing, published on Sunday, April 20, revealed more details about the crypto industry’s donations to Trump’s inauguration fund. The filings show … Read more
Key Takeaways The securities watchdog has agreed to drop the lawsuit it brought against Consensys in June 2024. The crypto firm is eager to return their full focus to building and developing their technology. Share this article Consensys, the developer of MetaMask, has reached an agreement “in principle” with the US SEC to dismiss the … Read more
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