Consensys Reiterates Commitment to Ethereum Despite 20% Workforce Cut

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 Web3 and plans to continue supporting the Ethereum project. Consensys Cuts Staff Web3 software company Consensys is planning to cut its workforce by 20% in […]

Steven Nerayoff Calls out Joseph Lubin for Damaging Crypto Market

Steven Nerayoff, a former adviser to the Ethereum network, has publicly denounced Joseph Lubin, co-founder of the Ethereum Project and the founder of Consensys, and other “bad actors” for their detrimental actions in the cryptocurrency market. In a tweet, Nerayoff clarifies that his dispute is not with Ethereum as a whole, but specifically with Lubin […]

Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 Billion

The Ethereum software firm Consensys has announced the incubator has raised $450 million in a Series D funding round led by Parafi Capital. The latest financing brings the company’s valuation to over $7 billion, following the $200 million Series C raise Consensys secured last November. Consensys Raises $450 Million, Proceeds From the Round Will Be […]