Software developer ConsenSys has confirmed a cut of around 11% of staff. The optimization affected 96 employees. Today we need to make the extremely difficult decision to streamline some of ConsenSys’ teams to adjust to challenging and uncertain market conditions.https://t.co/Svuk9yYj6J 1/10 — Joseph Lubin (@ethereumJoseph) January 18, 2023 Company founder Joseph Lubin listed the factors that influenced this decision. “The current bear market has coincided with a very challenging macro environment driven by rising inflation, lagging economic activity and increased geopolitical unrest,” he wrote. Going forward, ConsenSys will focus its business on “core value drivers” including the MetaMask wallet and
Consensys, leader in the blockchain sector and supporter of Ethereum, lays off 20% of the staff due to regulatory pressure from the SEC and macroeconomic difficulties. The company indeed accuses the SEC of abuse of power, damaging investments and employment in the cryptocurrency sector. Let’s see all the details in…
Show AI SummaryEthereum co-founder Joseph Lubin is potentially linked to a wallet moving $173 million in ETHConsenSys CEO Joseph Lubin has not confirmed or denied ownership of the wallet in questionArkham analytics platform initially attributed the wallet to Joseph Lubin with a tentative label An Ethereum genesis block wallet holding…
In a recent online exchange, Charles Hoskinson, the co-founder of Cardano (ADA), found himself embroiled in a dispute with a member of the XRP community. The accusations and counterarguments between the two parties have stirred up controversy within the cryptocurrency space. Accusations against Hoskinson The conflict began when a user,…