Consensys Announces 20% Workforce Reduction
Consensys CEO Joe Lubin has clarified that the company’s restructuring plan will affect 162 permanent employees. Blockchain firm Consensys has initiated a significant restructuring, reducing its workforce by over 20%. CEO Joe Lubin confirmed that the move affected 162 employees as part of an effort to streamline operations and accelerate the decentralization of its key […]
Joe Lubin Says Consensys Workforce to Reduce by 20%
Consensys CEO Joe Lubin has verified that the company’s restructuring plan will affect 162 permanent employees. Consensys , a blockchain development firm, has initiated a significant restructuring of its operations, resulting in a personnel reduction of over 20%. The move has affected 162 employees, according to Joe Lubin, the CEO of Consensys and co-founder of […]
HKEX Introduces Digital Asset Index Amid Hong Kong’s Crypto Licensing Expansion
HKEX’s new index series will provide a single reference price for Bitcoin and Ether, aligning with Asia-Pacific trading hours, and intends to increase transparency in the digital asset market. Hong Kong Exchanges and Clearing (HKEX), a global exchange group listed on public markets, recently announced the launch of a digital asset index series aimed at […]
Base Stablecoin Transactions Briefly Exceed all Chains
This surge followed a spike in network activity, with Base achieving 5.6 million daily transactions, a 20% increase from the previous month. On the same day that it reached an all-time high for the number of transactions, Coinbase’s Ethereum layer-2 network Base briefly topped the list of the most popular blockchains for stablecoin volume. Peter […]
Vitalik Buterin Enters “wartime mode” to Counter ETH Critics
Amid criticism, the Ethereum Foundation’s Ether sales prompted Vitalik Buterin’s response on X. The co-founder of Ethereum, Vitalik Buterin, has been at the top of the “KOL mindshare” chart on Crypto X for the past week. The blockchain and the Ethereum Foundation have recently faced widespread criticism. Wartime mode Buterin had the largest relative KOL […]