Tagged: consensys

Ethereum Blockchain focused Developer ConsenSys Is Also Addressing Fintech related Issues, Industry Exec Explains

Lex Sokolin, the Global Fintech Co-Head and CMO at ConsenSys, confirms that the organization recently acquired Quorum from J.P. Morgan. Quorum is a platform that serves as a private, enterprise version of Ethereum (ETH). As covered, ConsenSys has also received an investment from J.P. Morgan…. Read More

New York based Blockchain Firm ConsenSys Acquires JP Morgan’s Quorum, a Permissioned Version of Ethereum

Brooklyn, New York based ConsenSys, a blockchain software company focused on Ethereum (ETH) development, has acquired JPMorgan’s (NYSE: JPM) Quorum, which aims to serve as an enterprise-variant or version of the Ethereum protocol. As mentioned in a release shared with CI, even before the first… Read More

Ethereum Compatible Skale Network’s Native Token Set to Launch on ConsenSys’ Codefi Activate on August 17, 2020

Activate, by ConsenSys Codefi, is reportedly the first platform developed specifically for creating decentralized networks and allowing users to purchase, manage, and use their digital tokens through a single application. Leading Ethereum development studio ConsenSys announced on July 16, 2020, that the SKALE Network’s SKALE… Read More

Lex Sokolin from ConsenSys looks into What Happened when DeFi Protocol Compound’s Balance Sheet Increased by Over $500 Million

Lex Sokolin, the Global Fintech Co-Head and CMO at ConsenSys, a leading Ethereum (ETH) development studio, recently noted that COMP tokens, which belong to major DeFi lending solution Compound, ballooned over 200%. As reported, decentralized finance protocol Compound saw a dramatic increase in lending dctivity… Read More

ConsenSys Codefi Introduces Ethereum 2.0 Staking Pilot with Binance, Crypto.com, Huobi, Others

Binance, Crypto.com, DARMA Capital, Huobi Wallet, Matrixport, and Trustology will reportedly join the ConsenSys Codefi Staking Pilot Program, in order to gain early access to the Ethereum 2.0 staking solution. Ethereum 2.0 or Eth2 is a major system-wide upgrade to Ethereum (ETH), the world’s largest… Read More

ConsenSys Announces Acquisition of Blockchain Technology Company Fluidity

ConsenSys recently announced it has acquired U.S.-based blockchain technology company Fluidity. According to ConsenSys,  Fluidity is the primary developer of AirSwap and has produced several industry firsts in real-estate tokenization, tokenized securities trading, systems to pledge real collateral to decentralized credit platforms, and has hosted the Fluidity Summit. ConsenSys explained as part… Read More

Lex Sokolin: Global Fintech Co-Head and CMO at ConsenSys Predicts Greater Convergence Between Fintechs and Incumbents in Coming Years

We recently talked to Lex Sokolin, the Global Fintech Co-Head and CMO at ConsenSys, a leading Ethereum (ETH) development studio based in New York. Before joining ConsenSys, Sokolin was the Global Director of Fintech Strategy at Autonomous Research, a firm that was eventually acquired by… Read More

More than 150 Ethereum Projects have Received Nearly $25 Million in Funding: Report

Over 150 different Ethereum (ETH) projects have acquired almost $25 million in total grant funding to date. The Ethereum Foundation, a Switzerland-based non-profit entity supporting the ongoing development of Ethereum, is the largest donor. The foundation has allocated more than $21 million (of the total… Read More

COVID-19 Prevention: Baseline Protocol Developers Propose Blockchain-enabled Coronavirus Contact Tracing Solution

The developers of Baseline, an enterprise-grade smart contract and tokenization platform created by Microsoft, Ernst & Young (EY), and Ethereum development studio ConsenSys, aim to solve a number of flaws reportedly found in Apple and Google’s proposal for Coronavirus (COVID-19) tracking projects. Google and Apple… Read More

DeFi Report: Crypto Investors are Actually Interested in Decentralized Finance Technology, Not Solely Motivated by Speculation and Profits

Cryptocurrencies and their underlying blockchain technology are often criticized for not having enough practical use cases. There are still relatively few merchants or retailers who will accept virtual currencies as payment, because of the challenges associated with off-ramping into fiat currencies, which are more practical… Read More

Decentralized Finance Ecosystem Passes Resiliency Threshold, will Return to Upward Trend Following COVID-19, Report Predicts

Brooklyn, New York-based ConsenSys, a leading Ethereum (ETH) development studio, has published a new report which covers major decentralized finance (DeFi) protocols and their performance during the first quarter of 2020. The report notes that two key events defined decentralized finance during the first three… Read More

Ethereum Development Studio ConsenSys and Fundraising Platform Gitcoin to Launch Digital Hackathon to Find Solutions to Prevent Further Spread of Coronavirus

New York-based ConsenSys, a leading Ethereum (ETH) development studio, and Gitcoin, a fundraising platform, are supporting a digital hackathon event that aims to find solutions for the deadly Coronavirus (COVID-19) outbreak. As noted in a blog post published by ConsenSys, the hackathon event aims to… Read More

Citi Increases Equity Stake in komgo, an Ethereum-powered Enterprise Blockchain Platform for Trade Financing

New York-based Citi, an American multinational investment bank and financial services corporation with over $1.9 trillion in total assets, has reportedly increased its equity stake in komgo, a company that’s developing an Ethereum (ETH)-powered enterprise blockchain platform for trade financing. Citi confirmed that it began… Read More

EY Announces “Baseline Protocol” Blockchain, Open-Sourced in the Public Domain, Partners with Microsoft, ConsenSys

EY, a global consultancy active in the blockchain sector, has announced a “Baseline Protocol” for the Ethereum blockchain that has been placed in the public domain. EY has partnered with Microsoft as well as ConseSys on the project. Inviduals can express their interest in contributing… Read More

Blockchain-focused Project Covantis, Backed by Agri-Business Giant Cargill, Chooses ConsenSys as Tech Partner

Covantis, a blockchain-focused project backed by multinational agri-business companies such as Cargill, has reportedly chosen ConsenSys, a Brooklyn, New York-based Ethereum development studio, as its technology partner. Through Convantis’ partnership with ConsenSys, the Ethereum-based software developer will create a blockchain-powered platform to fully digitize the… Read More

85% of Blockchain Professionals Employed by Crypto Exchanges, App Developers, Mining Facility Operators: Report

The Digital Asset Human Capital Trends Report was recently commissioned by the Blockchain Association, an organization of active industry participants who promote efforts related to innovation and the collaboration needed to support US leadership of the crypto-assets sector. The companies included in the research sample… Read More

Blockchain Developer Kaleido Implements QEDIT’s Zero-Knowledge Proofs for Private Asset Transfers

North Carolina-based blockchain development firm Kaleido, a part of ConsenSys’ venture studio, has reportedly become the first to integrate cryptocurrency privacy company QEDIT’s zero-knowledge proof (ZKP) solution. Founded in 2016, Tel Aviv-headquartered QEDIT’s management noted (on September 15) that their partnership with Kaleido will allow… Read More

Ethereum Development Studio ConsenSys Announces Codefi, A New DeFi Software Suite

ConsenSys founder Joseph Lubin announced at the Ethereal Tel Aviv press conference (on September 15) that his New York-based venture studio is launching a new product, Codefi, for the emerging decentralized finance (DeFi) ecosystem. Lubin, a computer science and electrical engineering from Princeton University, remarked:… Read More

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

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