Why Big Crypto Firms Like ShapeShift & ConsenSys Laid Off Many Employees

This week, a major crypto exchange ShapeShift was forced to lay off 30 percent of the company’s workforce, letting go 37 employees. In a letter to the company and to the users on the platform, ShapeShift founder and CEO Erik Voorhees said that the crypto winter had left the firm with no other viable choice The post Why Big Crypto Firms Like ShapeShift & ConsenSys Laid Off Many Employees appeared first on CCN

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Market Recovers by $5 Billion but Why Are Ethereum and Bitcoin Cash Plunging?

Over the last 24 hours, the crypto market has added $5 billion to its valuation, demonstrating a slight recovery from $106 billion to $111 billion. Despite the recovery of the market, Ethereum (ETH) and Bitcoin Cash (BCH) continue to fall in value, both recording a three percent drop against the U.S. dollar. On December 9, The post Market Recovers by $5 Billion but Why Are Ethereum and Bitcoin Cash Plunging? appeared first on CCN

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Joseph Lubin: Forget Price — Ethereum Adoption is Growing Rapidly

In virtually every area, Ethereum, the largest smart contract blockchain protocol in the world, seems to be growing at an exponential rate. According to Joseph Lubin, the co-creator of Ethereum and the founder of ConsenSys, a blockchain software studio based in New York that houses 1,000 developers: “Blockchain is more than a market. It’s a The post Joseph Lubin: Forget Price — Ethereum Adoption is Growing Rapidly appeared first on CCN

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China’s ‘Dream City’ Taps Ethereum Dev. Studio ConsenSys for Blockchain Push

Government officials in Xiongan New Area have announced a partnership with Ethereum development studio ConsenSys to develop blockchain initiatives for China’s “dream city.” According to the South China Morning Post, the Xiongan government has signed a memorandum of understanding (MoU) with the U.S.-based ConsenSys to “establish Xiongan as a next-generation smart city and a leading … Continued The post China’s ‘Dream City’ Taps Ethereum Dev. Studio ConsenSys for Blockchain Push appeared first on CCN

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Saudi Arabia Partners Ethereum Startup to Host Blockchain Bootcamp

Saudi Arabia‘s Ministry of Communications and Information Technology (MCIT) has teamed up with ConsenSys, a cryptocurrency development studio, to host a “blockchain bootcamp” as part of the kingdom’s efforts to support technological development. The bootcamp is part of the ministry’s efforts to develop national cadres in future technologies, according to the ministry. The recent three-day The post Saudi Arabia Partners Ethereum Startup to Host Blockchain Bootcamp appeared first on CCN

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