Tag: consensys

ConsenSys Plans to Enter the Muni Bond Market. Will It Succeed?

Add one more name to the list of industries that blockchain intends to disrupt. After laying off 14 percent of its staff and splitting its operations into two separate units, Consensys Inc., announced yesterday that it was venturing into the municipal bond market. The Brooklyn-based company announced acquisition of Heritage Financial Systems, a Pennsylvania-based registered… Read More ConsenSys Plans to Enter the Muni Bond Market. Will It Succeed?

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Ethereum Cofounder Joseph Lubin May Be Sued For $13 Million By Former Colleague

Joseph Lubin, the co-founder of Ethereum, may be sued by Harrison Hines, a former employee at his company ConsenSys. Hines intends to seek over $13 million for “breach of contract, alleged fraud, unpaid profits and unjust enrichment”. He began the legal process against Lubin in June. Based on the summons brought by Hines’ lawyer, the… Read More Ethereum Cofounder Joseph Lubin May Be Sued For $13 Million By Former Colleague

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After Steemit, Consensys Announces Layoffs. Are Crashing Crypto Markets To Blame?

The crypto winter is getting colder.  Crashing valuations in cryptocurrency markets and a chill in the initial coin offerings (ICO) market have affected operations at two more ventures involved in the space.  Blockchain and smart contract consulting company Consensys, which dominates ethereum research and development, has confirmed to online publication Coindesk that it is laying… Read More After Steemit, Consensys Announces Layoffs. Are Crashing Crypto Markets To Blame?

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Ethereum Derivatives Might Bring Institutional Investors To The Cryptocurrency

Ethereum’s ether might be next in line to attract funding from institutional investors after bitcoin. Consensys, a firm started by Joseph Lubin, ethereum cofounder, to implement smart contracts, is partnering with TrueDigital, an affiliate of New York-based TrueEx, to develop a benchmark rate for ether and “the infrastructure needed for the broad adoption of digital… Read More Ethereum Derivatives Might Bring Institutional Investors To The Cryptocurrency

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