2018-12-21 05:05 |
Blockchain tech company ConsenSys is reportedly spinning out startups it previously supported, and could cut up to 60 percent of its staff
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According to a report in The Verge, Ethereum network startup incubator ConsenSys might be about to let go of around 50 to 60 percent of its staff. The publication spoke to undisclosed insiders familiar with the company who painted a dire picture of its current financial standing.
2018-12-21 00:30 | |
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ConsenSys 'spokes' are being offered the option to seek outside funding or accept severance packages, sources tell CoinDesk.
2018-12-20 20:40 | |
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During the bearish cryptocurrency winter, many blockchain and cryptocurrency-related companies laid off large numbers of staff, from ConsenSys trimming down 13 percent of the team to Steemit laying off 70 percent of their staff.
2018-12-12 15:00 | |
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ConsenSys To Layoff 13% Of Its Staff, Employees Comment On The Issue It has been recently revealed that blockchain firm, ConsenSys has decided to layoff 13 percent of its staff (of 1200 employees). A Town Hall consisting of chatlogs between the CEO, Joseph Lubin and admin as well as employees was shared in a Coin […]
2018-12-12 23:25 | |
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Chat logs obtained from a ConsenSys town hall last week reveal a mix of shock and support following the company's announced layoffs.
2018-12-11 19:35 | |
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It was not too long ago when euphoria surrounding the cryptocurrency industry reached its tipping point. The industry hit a record high market capitalization of $813 billion on January 8, 2018. Crypto came out of the rooms of geeky software developers and gamers into the mainstream, as almost every other ICO was able to raise millions, if not billions of.
2018-12-10 22:00 | |
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Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra'anana, Israel, according to reports from local news outlet Globes.
2018-12-10 20:51 | |
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Outspoken Blockstream CSO Samson Mow took to Twitter today to troll Ethereum production studio ConsenSys. Earlier today, ConsenSys announced that it was laying off 13% of its staff, and Mow did not waste the opportunity to fire shots at ConsenSys.
2018-12-8 08:17 | |
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ConsenSys, the blockchain behemoth powering a swathe of Ethereum-related software, is letting 13 percent of its staff go in a bid to retain a sense of viability. The company confirmed what many believed would be inevitable: the exponential growth enjoyed by Joseph Lubin’s decentralized business experiment can’t, and won’t, go on forever.
2018-12-7 17:43 | |
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The Ethereum production startup announced a 13% reduction in its staff just as the ETH market price veered below $100.
2018-12-7 12:57 | |
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CoinSpeaker Ethereum Production Studio ConsenSys Cuts Down Staff as Part of ‘Refocusing’ Strategy ConsenSys founder Joseph Lubin says that the company will focus more on specific and concrete projects reducing the scope of much experimentation as part of financial sustainability.
2018-12-7 10:18 | |
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In a statement shared Thursday, ConsenSys announced that it is letting go 13 percent of its staff.
2018-12-7 21:33 | |
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The continued bear market is taking its toll on cryptocurrency investors, miners, and businesses alike, and has prompted ConsenSys to consider restructuring its business plans so it can adapt to the new market environment and continue to thrive.
2018-12-6 23:00 | |
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CoinSpeaker Bitmain, ConsenSys, Fidelity and More Put $27. 5M in the New Crypto Trading Platform A Series B funding round of ErisX raised $27. 5 million. The investments will be used to hire staff, create infrastructure, and secure the appropriate steps to develop a regulated market for digital assets.
2018-12-5 12:54 | |
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LinkedIn has been keeping its finger on the pulse of the United States’ most thriving startups, and crypto organizations are showing tremendous signs of life — and growth.
2018-9-8 23:36 | |
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The US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) by a resounding 279 to 136 vote. The bill, seen as a major win for the crypto industry, aims to establish a long-awaited regulatory framework for digital assets in the US.
In a detailed analysis shared with his 788,000 followers on X (formerly Twitter), renowned analyst Pentoshi has forecasted a more restrained outlook for the current crypto bull run, suggesting that it may not mirror the explosive growth seen in previous cycles.
In his latest essay, Arthur Hayes, the former CEO of crypto exchange BitMEX, introduced a bold investment philosophy he calls the “Left Curve. ” This strategy diverges sharply from traditional investment approaches typically adopted during bull markets in the crypto world.
Wally Adeyemo cited a recent settlement with crypto exchange Binance and sanctions against crypto mixer Sinbad in calling for an expansion of the U.S. Treasury’s authority.
Genesis claims Gemini made preferential transfers of about $689 million from Genesis and wants the court to “correct this unfairness.”
The former presidential candidate spoke at NABS about opportunities the United States may be missing to blockchain and AI for the public good.
The third-party crypto bot Wallet is debuting its global rollout on Telegram Messenger in several countries in Latin America and Africa.
