A major wallet linked to Consensys acquired over $320 million worth of Ethereum, raising optimism across crypto circles. The transaction involved purchasing more than 100,000 ETH tokens from Galaxy Digital. After the purchase, $120 million worth of ETH was staked through the Liquid Collective protocol. Consensys Wallet Stakes Big on Ethereum The whale wallet, tied […]
ConsenSys
SharpLink and Consensys Secure $425M to Build Largest Public Ethereum Treasury
SharpLink raises $425 million in a Consensys-led round, becoming the largest publicly traded holder of Ethereum with a new treasury strategy.
SEC Crackdown? Consensys Warns New Rule Could Destroy U.S. Crypto Market
Key Takeaways Today, Consensys submitted a formal request to the U.S. Securities and Exchange Commission (SEC), urging its crypto task force, led by Commissioner Hester Peirce, to remove proposed amendments redefining “exchange” under U.S. securities laws from its regulatory agenda. The firm contends that these changes represent an overreach of authority and lack sufficient legal […]
Crypto Awareness Skyrockets: 93% Globally, Explosive Growth in Africa and Asia
Emerging markets are at the forefront of cryptocurrency adoption, with Nigeria leading the charge as 93% of its population expresses interest in investing within the next year. Following closely behind is South Africa at 77%, while the Philippines, India, and Indonesia post investment willingness at 59%, 58%, and 54%, respectively. Relatively, developed nations such as […]
SEC Sues Consensys: Allegations of Unregistered Securities Sales
On June 28, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Consensys Software Inc. in Brooklyn, New York. The SEC alleges that Consensys, through MetaMask Staking, engaged in the unregistered offer and sale of securities and operated as an unregistered broker. ConsenSys’s Role in Unregistered Securities Offer According to the complaint, since […]
Consensys Hails Ethereum ETF, SEC’s Surprising Good 180-Degree
In a significant development for the cryptocurrency market, the U.S. Securities and Exchange Commission (SEC) has approved the first Ethereum (ETH) Spot ETFs, marking a pivotal shift in regulatory stance. Consensys, a leading blockchain technology company, hails this decision as a critical step forward, although it underscores ongoing regulatory inconsistencies. Consensys CEO Joe Lubin remarked, […]
Ethereum Showdown: ConsenSys Sues SEC to Maintain Crypto Freedom
Blockchain software company ConsenSys has taken the bold step of filing a lawsuit directly against the U.S. Securities and Exchange Commission and its five commissioners. The legal action aims to prevent the SEC from classifying Ethereum’s native cryptocurrency, Ether, as a security subject to regulatory oversight. The lawsuit follows a Wells notice ConsenSys received from the SEC on […]
ConsenSys Advocates for Ethereum ETF Amid SEC Scrutiny, Countering Fraud Concerns
The race for Ethereum ETFs intensifies as ConsenSys, the firm responsible for the widely-used MetaMask crypto wallet, lends its support. Addressing regulatory apprehensions from the U.S. Securities and Exchange Commission (SEC), ConsenSys’ recent letter aims to alleviate concerns regarding potential fraud, market manipulation, and the security of Ethereum’s proof-of-stake consensus model. Amidst raised scrutiny from […]
Ripple Lawsuit’s Intrigue: Allegations Of Insider Play By Former SEC Executives
Attorney John Deaton, a vocal advocate for XRP, has shed light on the potential unfair play by former U.S. Securities and Exchange Commission (SEC) executives during the lawsuit against Ripple Labs Inc. Deaton’s claims revolve around an intricate web of connections involving former SEC Chairman Jay Clayton, top enforcer William Hinman, and Ethereum co-founder Joseph […]
Ethereum Software Pioneer Shuts Down Cash-Strapped Rumors
Leading Ethereum developer firm ConsenSys has refuted speculation that it is running out of cash and isn’t formally raising money. The spokesperson even went on to say that ConsenSys had been buying up its own “significantly undervalued” shares on the secondary market. According to many people with knowledge of the situation, the company that created […]