Tagged: consensys

Blockchain Media Startup Civil Losing Banking Services at First Republic

Civil, “a community-owned journalism network based on transparency and trust,” will lose banking services at major US bank First Republic June 6th, Decrypt reports. Civil has been building a blockchain-based digital archive for news articles, and, according to the Civil website, “…Civil tokens are currently sold by… Read More

ConsenSys Said to Be Raising $200 Million at a $1 Billion Valuation. Is it worth it?

A report from last week in the Information states that ConsenSys is in the process of raising up to $200 million from outside investors. Apparently, ConsenSys is slapping a $1 billion valuation on the offering. So is it worth the money? It is too hard… Read More

Blockathon Ireland Hackathon Announces Competition Winners

Blockathon Ireland, a blockchain hackathon for Public Services hosted by the Government of Ireland, has announced the winners of the competition portion of the event. The Department of Public Expenditure and Reform, in association with The Department of Finance, brought together nine technical teams with… Read More

France: Fintech’s Year 2018 in Review – Maturity, Consolidation and Challenges

Ever since the Brexit, France has aimed to establish itself as the Continental European alternative to the London Fintech hub. The goal is ambitious. France is home to many a worldwide leading financial institution such as global Nr. 1 insurer AXA and Nr 1 non-Chinese… Read More

Report: Layoffs at ConsenSys, Ethereum’s Largest Start Up, Could Go to 50%

ConsenSys, Ethereum’s largest start-up, may be downplaying the size of impending layoffs at the company in order not to scare off potential investors, The Verge reports. Not so, says the company. Earlier this month, ConsenSys founder and “cryptobillionaire” Joe Lubin circulated a letter to company… Read More

Noted Columnist Discusses Contraction at ConsenSys, Ethereum’s Largest Consortium

Laura Shin, an independent journalist known for breaking an important story about deception by “blockchain” scions in Toronto, recently spoke to her former colleague at Forbes, Jeff Kauflin, on a podcast convened to discuss layoffs and business structure problems at ConsenSys, one of Ethereum’s biggest spin-off companies…. Read More

Blockchain Company ConsenSys Acquires Asteroid Mining Firm Planetary Resources

This is an acquisition that may make you scratch your head. ConsenSys, a blockchain ecosystem play founded by Joe Lubin, has purchases Planetary Resources in an asset purchase transaction. Planetary Resources is an asteroid mining venture that has reportedly been struggling. Planetary Resources is a… Read More

Former CEO’s $152 Million Lawsuit Against Prediction Market Crypto Platform Augur Settled

Gavel Court Legal Trial Law rawpixel unsplash

A $152 million lawsuit filed by the self-proclaimed expelled CEO against remaining executives at the prediction market platform Augur, has reportedly been settled, and has been taken “off calendar” at San Francisco courts, Forbes reports. According to Forbes, the case filed last April by Matthew Liston… Read More

Crypto Invest Summit Partners with Consensys & Token Foundry on Upcoming Event – But Still No Congressman Sherman

The Crypto Invest Summit (CIS) is out with an update on their forthcoming event next month. CIS has partnered with Consensys and Token Foundry to educate cryptocurrency and blockchain investors as well as developers. At the event, CIS will introduce a “Builders’ Track,” designed to specialize… Read More

“Carnage.” Crypto Markets Descend 70-90% Below All Time Highs

Cryptocurrency markets have corrected to the upside slightly today, with Bitcoin up about 5% at the time of writing, and Ethereum up about 8%, but memories of yesterday’s steep price declines are still fresh and traders and holders dizzy. According to CCN, in the first… Read More

Rural Philippine Banks Testing Ethereum Payments System

In many parts of the Philippines, you’re more likely to encounter a remittance house like Western Union than a bank branch. Cash arrives from abroad, but the access to business loans and mortgages needed to build a self-sustaining economic base are hard to come by…. Read More

SEC Again Urges ICO Issuers to Make Contact About Compliance

U.S. Securities and Exchange Commission Chairperson Jay Clayton told an audience in Washington Tuesday that companies seeking to raise funds via digital tokens in an Initial Coin Offering should be proactive in contacting the agency regarding compliance, Law360 reports. “We’re open for business,” said Clayton…. Read More

ConsenSys Forms New Partnership With Amazon Web Service For Blockchain Business Cloud “Kaleido”

ConsenSys announced earlier this week it has teamed up with Amazon Web Services to launch Kaleido, a new blockchain business cloud that’s aimed to speed and simplify enterprises’ journey to using the technology. ConsenSys claimed that Kaleido is the first Software-as-a-Service featuring popular Ethereum packages Geth and… Read More

Associate VP of Payments Innovation at TD Bank Says AI More “Friendly Technology” Than Blockchain for Now

Milos Dunjic, a cryptographer and Associate Vice President of Payments Innovation at TD Bank, has stated that whereas blockchain “threatens everything built” by banks, AI is “very friendly technology.” * Dunjic made the comments as part of a fintech panel discussion at the Canadian Undergrad… Read More

Blockchain Firm ConsenSys Announces Ireland Expansion: Opens Dublin Innovation Studio

On Wednesday blockchain firm ConsenSys announced its expansion into Ireland with the Dublin Innovation Studio. According to ConsenSys, the Dublin-based Innovation Studio will be a multi-functional facility including a development lab, where engineers will build and deliver Ethereum-based blockchain platforms and products stemming from the company’s… Read More

Ethereum Co-Founder Joseph Lubin Confident Ethereum “Not a Security”

Ethereum co-founder and Consensys founder Joseph Lubin told The Street last week that he is “extremely comfortable” that Ethereum does not qualify as a security under US law. “We spent a tremendous amount of time with lawyers in the U.S. and in other countries…it never… Read More

ConsenSys and Swiss Crypto Valley Association Partner Up

The Crypto Valley Association (CVA), based in Zug, Switzerland, has announced a new partnership with ConsenSys. According to CVA, ConsenSys will chair new Enterprise Blockchain Working Group, while joining the existing Regulatory and Policy Working Group. Consensys is a huge, global organization. Today it claims 750+ blockchain experts… Read More

Codex Protocol, ConsenSys & Rare Art Labs Set to Hold Live Auction at Ethereal Summit in NYC

Codex, a decentralized title registry for the $2 trillion arts and collectibles (A&C) asset class, announced on Tuesday it has teamed up with ConsenSys to host a live charity auction at Ethereal Summit, which will take place in New York City on May 11th and… Read More

Secured Lender BlockFi Secures $1.55M Funding to Build Cryptoasset Ecosystem

BlockFi, a New York-based non-bank lender that offers USD loans to cryptoasset owners, announced a $1.55 million raise from ConsenSys Ventures, Kenetic Capital, PJC, SoFi,  Purple Arch Ventures and Lumenary. The new capital injection will be used to bridge the gap between traditional debt capital markets and… Read More

Former CFTC Commissioner Bart Chilton is Advising the Omega One ICO

Bart Chilton, a former Commissioner at the Commodity Futures Trading Commission (CFTC) from 2007 to 2014, has signed up to advise Omega One, an offshoot of Consensys. Omega One is on a mission to build a bridge between traditional markets and digital assets by improving… Read More

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