Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation

Amid ongoing campaigns for the elections in 2024, many United States lawmakers have not sealed the deal on legislation aimed at establishing regulatory clarity on aspects of the digital asset space, including stablecoins.Speaking with Cointelegraph at the North American Blockchain Summit o ...

Microsoft, Tencent and other tech giants join Decentralized Infura Network

Microsoft, Tencent and 16 other Web2 giants have partnered with Consensys on its mission to decentralize the Infura network — the key point of access to Ethereum for much of the decentralized finance (DeFi) sector.The partnerships aim to increase decentralization on the Infura networ ...

3 reasons why Ethereum price is underperforming altcoins

Ether (ETH) price surged by 6.2% from Nov. 3 to Nov. 5, but the altcoin faces difficulty in breaking the $1,900 resistance. Despite the current bullish trend, Ether's 17% return over the last 30 days falls short of Bitcoin's (BTC) impressive 27% gain during the same period.Regulatory hurdles ...

‘He broke his word’ — Ex-ConsenSys staff sue founder over employee equity deal

Over two dozen former employees of Ethereum infrastructure firm ConsenSys have filed a fresh lawsuit against the firm’s founder and CEO, Joseph Lubin, over claims he diluted employee equity shares against earlier promises.The former staff allege that Lubin — who is also a co-founder of Eth ...

MetaMask Introduces MetaMask Snaps for Enhanced User Transparency and Security

MetaMask, a popular crypto wallet provider, has introduced MetaMask Snaps to provide users with more insights into their transactions and interactions within the application. This new feature is designed to enhance user consent and transparency across various chains and decentralized applications (D ...

Ethereum’s proto-danksharding to make rollups 10x cheaper — Consensys zkEVM Linea head

Zero-knowledge (ZK) proof solutions have proved critical in helping scale the Ethereum ecosystem, but proto-danksharding is expected to drastically reduce the cost of rollups, according to Consensys’ zkEVM Linea head Nicolas Liochon.Speaking exclusively to Cointelegraph Magazine edito ...

Ethereum’s proto-danksharding to make rollups 10x cheaper – Consensys zkEVM Linea head

Zero-knowledge proof (ZK-proofs) solutions have proved critical in helping scale the Ethereum ecosystem, but proto-danksharding is expected to drastically reduce the cost of roll ups according to Consensys’ zkEVM Linea head Nicolas Liochon.Speaking exclusively to Cointelegraph Magazine edi ...

Decentralized Infura launch within months, Web2 cloud giants may join: Consensys

A decentralized version of Infura will launch by the end of the year, with major Web2 cloud providers set to become part of the network, the chief strategist of ConsenSys says. “We’re looking to launch something later this year, but then there’s going to be what they call ...

DApp store for your wallet: Consensys readying cross-chain Metamask Snaps

MetaMask’s eagerly awaited Snaps will allow users to interact with a variety of different blockchain networks, receive updates from projects and will help demystify what’s happening in complex transactions, says Consensys head of strategy Simon Morris.Speaking to Cointelegraph ...

99% of Nigerians are crypto aware — ConsenSys report

A global survey featuring respondents from 15 countries indicates that Africa’s largest economy, Nigeria, has the most cryptocurrency-aware population in the world.ConsenSys and YouGov released the findings from the global Web3 perception survey, which sought to provide both ...

Weekly DeFi Recap: Reimbursements, Exploits, and Optimistic Milestones

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. Over two weeks after Curve Finance’s multiple pool exploits, the DeFi protocol has assured the hack victims t ...

Mastercard Launches CBDC Partnership Program with Ripple and Consensys

The initiative aims to bring together key industry players to explore innovations in CBDC. A Mastercard spokesperson said CBDC should be as easy to use as other forms of money. Payments company Mastercard will form a central bank digital currency (CBDC) partnersh ...

Web3 startups queue up: Consensys Startup Program partners with Cointelegraph Accelerator

The transition from Web2 to Web3 is reshaping the technology landscape and attracting the attention of developers. Despite the challenges faced during the current crypto winter, the Web3 ecosystem continued to onboard new developers, with many thousands of developers making the jump from Web2 to ...

Web3 has permanently changed how marketing works

My journey into Web3 marketing officially began when I joined ConsenSys as chief marketing officer in 2016, where I built the first Web3 marketing team and helped bring Ethereum as well as the ConsenSys brand and many early Ethereum-based tools and applications to market. During my time at ...

ConsenSys launches Linea zkEVM to further scale Ethereum

The Ethereum ecosystem welcomes another layer-2 scaling solution as ConsenSys begins onboarding partners to its Linea network, which has produced significant scaling milestones in testing.Linea is an Ethereum layer-2 scaling network that allows developers to build or migrate dece ...

Account abstraction will drive a billion users from Asia to Web3: ConsenSys exec

Account abstraction, also known as “smart accounts” could eventually onboard a billion users from the Asia region to Web3, according to an executive at Ethereum software solutions provider ConsenSys.Speaking to Cointelegraph, the director of strategic initiatives at ConsenSys, Laura Shi, n ...

ConsenSys Clarifies Taxation Misconceptions Surrounding MetaMask

According to ConsenSys' official statement, the company does not charge government taxes, fees, fines, or interest to users of the cryptocurrency. The parent company of wallet app MetaMask has denied rumors about its role as a tax agent and the company's forced withholdin ...

MetaMask Clarifies Tax Controversy, Users Unaffected

The company has given an official response on the scandalous item In short, MetaMask users are not threatened Last week there was an uproar on the networks about the updated rules of ConsenSys (MetaMask owner). There is a clause stating that the company reserv ...

Controversy Surrounds ConsenSys Privacy Policy Update and Metamask Wallet

This is what the company's new rules say It looks like Metamask Wallet could also fall under this amendment CEO 1inch Anton Bukov drew attention to a strange paragraph 4.3 in the new Consensys rules. It says that the platform reserves the right to withhold taxes ...

Phishing Attack on MetaMask Leads to Unauthorized Access of Users’ Personal Information

MetaMask, the popular crypto wallet, has recently fallen victim to a phishing attack that has caused the unauthorized access of personal information belonging to its users. ConsenSys, the parent company of MetaMask, has confirmed that users who had submitted personal data to a third-party custome ...

Ethereum Foundation Researcher Discovers IP Addresses of ETH Stakers Are Being Tracked

An Ethereum Foundation researcher recently made a discovery regarding the tracking of IP addresses of ETH stakers. According to Justin Drake, a researcher at the Ethereum Foundation, all IP addresses of ether stakers can be tracked and correlated with the sensitive metadata of the owners of the c ...