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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 … Read more
“Joseph Lubin is the majority shareholder of both companies. The transaction was to the detriment of the minority shareholders of CAG and to the benefit of Joseph Lubin personally,” the group alleged. Go to Source Powered by WPeMatico
ETHDenver conference attendees will get an exclusive presentation about the TreeTrunk marketplace introducing a new token standard. Go to Source Powered by WPeMatico
On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but the announcement notes that the acquisition will “further improve the security of all the products.” Consensys Obtains Mycrypto Ethereum Wallet, … Read more
MyCrypto and MetaMask will be combining technology and teams to build the ideal wallet. The terms of the deal were not disclosed. Go to Source Powered by WPeMatico
Consensys, an Ethereum software company, announced yesterday the launch of a new scaling solution for Ethereum, called “Consensys Rollups.” The company enlisted Mastercard programmers to design the solution, which aims to allow the network to reach a throughput of 10,000 TPS (transactions per second), according to a PR statement. The solution can be implemented on … Read more
The move would usher a new era of user privacy as public ledgers face scrutiny over their ability to be traced by blockchain data analytics firms. Go to Source Powered by WPeMatico
Is Ethereum the blockchain of choice for financial institutions in Southeast Asia, or will companies seek alternatives due to limitations? Go to Source Powered by WPeMatico
MetaMask’s monthly active users have grown 38-fold since 2020 as demand for DeFi and NFTs continues to surge. Go to Source Powered by WPeMatico
This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop, and many have seen earnings dip below the minimum wage line of countries … Read more
