BITPRISMIA
Consensys, the company behind MetaMask, is reducing its workforce by 7% due to uncertain market conditions and shifting priorities, following previous layoffs and legal challenges involving the SEC.
Consensys is laying off 7% of its workforce as part of a restructuring effort to improve profitability, marking its third round of layoffs since 2022 amid market and regulatory pressures.
ConsenSys is reducing its workforce by 7% (49 employees) to improve profitability and adapt to evolving market conditions, reflecting broader industry trends in the crypto sector.
The Linea Token Generation Event (TGE) is a significant milestone for the Ethereum Layer-2 network, promising scalability and growth, as endorsed by Ethereum co-founder Joseph Lubin.
A critical bug in MetaMask is causing unusually high disk activity, potentially damaging SSDs, and Consensys is working on a fix while advising users on precautionary measures.
Etherex DEX, a new decentralized exchange, is set to launch on July 28 on the Linea zkEVM-based Ethereum layer-2 network, offering innovative liquidity provision, governance, and a superior trading experience.
Consensys transferred 5,071 ETH to SharpLink Gaming, highlighting institutional crypto adoption and Ethereum's strategic value in corporate treasury strategies.