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Consensys-developed self-custodial wallet, MetaMask, has introduced its native stablecoin, MetaMask USD (mUSD). The launch is significant as it marks the first instance of a self-custodial wallet issuing a native stablecoin.…
Joseph Lubin’s cryptocurrency enterprise has undergone a recent personnel rearrangement, according to recent reports. In the last two years, Consensys has reduced its workforce by 38% amid institutional turmoil, legal…
According to the second annual Global Survey on Crypto and Web3 by Consensys, emerging markets are spearheading global cryptocurrency adoption. The report reveals that countries like Nigeria, South Africa, and…
A recent survey by Consensys and Yougov reveals that many people are concerned about the power of big tech companies and the potential misuse of artificial intelligence (AI). Big Tech’s…
Consensys has announced the launch of Linea Association, an independent Swiss non-profit organization, to drive the growth and development of Linea, a zero-knowledge Ethereum Virtual Machine (zkEVM) Layer-2 rollup. The…
Swiss-based decentralized trading platform dYdX has announced a 35% reduction in its core workforce. Platform CEO Antonio Juliano initially shared the news in a brief post on X, calling the…
Consensys, the blockchain development firm behind the popular MetaMask crypto wallet, has decided to lay off over 160 employees. The move impacts 20% of its total workforce. According to founder and…
Consensys, a Web3 software company, is laying off 20% of its workforce due to economic and regulatory challenges. Despite these setbacks, Consensys says it remains committed to its vision for…
In a recent decision, a Texas court dismissed Consensys’ lawsuit against the U.S. Securities and Exchange Commission (SEC), which was filed in April 2024 to protect the Ethereum ecosystem from…
A Texas federal judge has dismissed a lawsuit filed by blockchain development company Consensys against the U.S. Securities and Exchange Commission (SEC) and its Chair, Gary Gensler, along with other…