Gary Gensler is leaving the SEC, but replacement will face scrutiny
Crypto users celebrated as SEC Chair Gensler announced his resignation, but Trump’s nominee will face confirmation hearings in the US Senate. Go to Source
ConsenSys
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Consensys pushes back against regulatory ‘gaslighting’ with new sovereignty platform
Crypto companies have been “living in fear in a gas-lit world for a long time,” said Ethereum co-founder Joe Lubin. Go to Source
Consensys decentralized Infura launches as EigenLayer AVS
The decentralized Web3 marketplace will leverage EigenLayer’s infrastructure to improve accessibility and reduce development costs. Go to Source
SEC crypto cases will be ‘dismissed or settled’ under Trump: Consensys CEO
The crypto industry is “going to save hundreds of millions of dollars” with Donald Trump as president, Consensys CEO Joe Lubin forecasts. Go to Source
Consensys decentralizes Linea with new Swiss nonprofit association
The new Linea Association, a Swiss nonprofit dedicated to advancing Linea, will oversee development on its path to decentralization. Go to Source
Ethereum researcher unveils ‘time machine’ for even smarter, smart contracts
Similar to how Gmail allows users to unsend an email, STXN’s new time machine feature will allow crypto users to revert Ethereum transactions. Go to Source
Crypto Biz: Crypto industry faces fresh round of layoffs
This week’s Crypto Biz explores Coinbase’s earnings, Reddit’s sale of crypto holdings and Circle’s new fee structure for institutional investors and high-volume traders. Go to Source
dYdX lays off 35% of staff shortly after major Consensys cuts
The decentralized crypto exchange laid off more than a third of its workforce on the same day Ethereum development firm Consensys cut 162 employees. Go to Source
Consensys Reiterates Commitment to Ethereum Despite 20% Workforce Cut
Consensys, a Web3 software company, is laying off 20% of its workforce due to economic and regulatory challenges. Despite these setbacks, Consensys says it remains committed to its vision for Web3 and plans to continue supporting the Ethereum project. Consensys Cuts Staff Web3 software company Consensys is planning to cut its workforce by 20% in … Read more
Consensys to cut workforce by 20% — CEO outlines decentralization plans
Consensys CEO Joe Lubin confirmed that the firm’s restructuring plan will impact 162 permanent employees. Go to Source
