ConsenSys
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Consensys Reaffirms 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 Web3 vision and plans to continue supporting the Ethereum project.
Consensys cuts staff
Web3 software company Consensys is planning to cut 20% of its workforce to stay competitive in a market plagued by regulatory uncertainty and economic hardship.
Consensys cuts staff
Web3 software company Consensys is planning to cut 20% of its workforce to stay competitive in a market plagued by regulatory uncertainty and economic hardship.
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ConsenSys proposes four key reasons to support Ethereum's non-security status
The US SEC's re-examination of whether Ethereum belongs to the securities category has caused controversy. ConsenSys proposes four reasons to support Ethereum's non-security status:
1. Historical position: The former SEC director said in 2018 that Ethereum is not a security, and this historical position provides a solid foundation for its non-security status.
2. CFTC classification: The Commodity Futures Trading Commission (CFTC) has long regarded Ethereum as a commodity, which is consistent with the SEC's position.
3. Decentralization and openness: Ethereum's decentralized architecture makes it different from securities, all information is publicly accessible, and it does not have the characteristics of insider information asymmetry.
4. The irrelevance of the consensus mechanism transition: The recent consensus mechanism transition from PoW to PoS does not affect the core essence of Ethereum, so it should not be a reason for reclassification.
These factors together support Ethereum's non-security status in the regulatory community. In response to the SEC's re-examination, the industry and the community continue to pay attention to Ethereum's positioning. #consensys #ETH（以太坊） #CFTC
The US SEC's re-examination of whether Ethereum belongs to the securities category has caused controversy. ConsenSys proposes four reasons to support Ethereum's non-security status:
1. Historical position: The former SEC director said in 2018 that Ethereum is not a security, and this historical position provides a solid foundation for its non-security status.
2. CFTC classification: The Commodity Futures Trading Commission (CFTC) has long regarded Ethereum as a commodity, which is consistent with the SEC's position.
3. Decentralization and openness: Ethereum's decentralized architecture makes it different from securities, all information is publicly accessible, and it does not have the characteristics of insider information asymmetry.
4. The irrelevance of the consensus mechanism transition: The recent consensus mechanism transition from PoW to PoS does not affect the core essence of Ethereum, so it should not be a reason for reclassification.
These factors together support Ethereum's non-security status in the regulatory community. In response to the SEC's re-examination, the industry and the community continue to pay attention to Ethereum's positioning. #consensys #ETH（以太坊） #CFTC
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Will SEC's investigation into MetaMask trigger a new round of regulatory turmoil?
In the field of cryptocurrency, regulatory issues have always attracted much attention. Recently, the U.S. Securities and Exchange Commission (SEC) has once again stirred up a storm, this time targeting MetaMask, a subsidiary of Consensys. It is reported that the SEC issued a Wells Notice to Consensys, accusing MetaMask of operating as an unlicensed broker. This news immediately attracted widespread attention and heated discussions in the cryptocurrency circle.
From the time Uniswap received the Wells Notice on April 11 to now, the regulatory situation in the cryptocurrency industry seems to be getting more intense.
As an Ethereum infrastructure development company, Consensys has also been involved in this storm recently and has become the subject of an SEC investigation. Consensys not only refuted the SEC's allegations, but also took the initiative to file a lawsuit in federal court in an attempt to defend its rights. This move is not only about the power struggle between Consensys and the SEC, but may also affect the future development of the entire cryptocurrency industry.
From the time Uniswap received the Wells Notice on April 11 to now, the regulatory situation in the cryptocurrency industry seems to be getting more intense.
As an Ethereum infrastructure development company, Consensys has also been involved in this storm recently and has become the subject of an SEC investigation. Consensys not only refuted the SEC's allegations, but also took the initiative to file a lawsuit in federal court in an attempt to defend its rights. This move is not only about the power struggle between Consensys and the SEC, but may also affect the future development of the entire cryptocurrency industry.
7,000 MetaMask Users Targeted in Security Breach, Consensys Says
Thousands of MetaMask users who contacted customer support over an 18 month period were targeted in a personal data breach, Consensys said Friday.
#crypto2023 #metamask #attack #consensys
Thousands of MetaMask users who contacted customer support over an 18 month period were targeted in a personal data breach, Consensys said Friday.
#crypto2023 #metamask #attack #consensys