ConsenSys

ConsenSys, the blockchain company behind Ethereum (CRYPTO: ETH) infrastructure projects like MetaMask, has faced a setback in its lawsuit against the U.S. Securities and Exchange Commission (SEC). What Happened: The company had initially sued the SEC for overreach, accusing the regulator of...

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Consensys, alleging significant violations of federal securities laws. The SEC claims that Consensys failed to register as a broker and did not register the offer and sale of securities, leading to substantial investor...

ConsenSys, a blockchain software company, announced a major victory for Ethereum (CRYPTO: ETH), following the closure of the SEC’s investigation into whether the world’s second-largest cryptocurrency is a security. What Happened: On Tuesday, ConsenSys took to X to reveal that the...

Joseph Lubin, co-founder of Ethereum (CRYPTO: ETH) and CEO of Consensys, has openly criticized the Securities and Exchange Commission (SEC) for what he perceives as deliberate obstacles placed in the path of innovation within the U.S. financial sector. What Happened: Speaking at FT Live’s...

The US Securities and Exchange Commission (SEC) has been scrutinizing the nature of Ethereum and whether it should be classified as a security, according to new details emerging from court documents released on Monday. What Happened: This investigation has been ongoing for over a year, unbeknownst...

The Federal Bureau of Investigation (FBI) has issued a warning urging Americans to steer clear of unregistered cryptocurrency money-transmitting services. What Happened: This alert, primarily aimed at smart-contract-driven privacy tools, was part of a public service announcement on April 25,...

Blockchain software company Consensys on Thursday announced it is suing the U.S. Securities and Exchange Commission (SEC) in a lawsuit aimed at ensuring Ethereum’s status as a non-security. The lawsuit, filed in the Northern District of Texas, comes amid ongoing regulatory uncertainty...

In the vast expanse of the financial cosmos, 2022 emerged not just as another year but as a defining moment for the cryptocurrency industry. Traditional financial behemoths, with their centuries-old legacies, observed from the sidelines, their interest piqued yet their caution was evident....

The X account of Ethereum (CRYPTO: ETH) founder, Vitalik Buterin, was hacked, leading to a theft of over $690,000 from users who were lured into clicking a deceptive link. What Happened: As per a report by Decrypt, the breach happened on Saturday. A post surfaced on Buterin’s feed promoting...

In a recent global survey, Nigeria has emerged as the country with the highest level of awareness about cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). Nigeria holds the highest position, surpassing major economies such as the United Kingdom, the United States, Japan, and...

Corporates continue to embrace central bank digital currencies, or CBDCs, despite certain politicos calling the emerging tech "evil" and likening it to "the Death Star." What Happened: Mastercard (NYSE: MA) recently unveiled its CBDC Partner Program, which counts Ripple (CRYPTO...

Ohio Congressman Warren Davidson has expressed strong opposition to Central Bank Digital Currencies (CBDCs), emphasizing the potential risks they pose to the digital asset ecosystem. In a series of tweets, the House Representative highlighted the misconceptions surrounding CBDCs and other digital...

MetaMask, a popular Web3 wallet provider, has issued a warning to its users about rumors circulating on social media regarding an imminent AirDrop. Reports of the AirDrop have been circulating on Twitter, with some users falling for the scam. What Happened: Cryptocurrency influencers have...

ConsenSys has announced that MetaMask has expanded its partnership with MoonPay, a Web3 payment company, to allow Nigerian users to purchase cryptocurrencies directly from their MetaMask wallets using local bank transfers. Nigerians can select their region as Nigeria when purchasing...

Celo (CRYPTO: CELO), the native token of the mobile-first DeFi platform rose over 22% in the past 24 hours, topping CoinMarketCap’s gainer of the day. What Happened: At the time of writing, Celo was trading at $0.71, ranking 24th in terms of market cap among the top 100 coins listed on...