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A group of two dozen ConsenSys AG’s early employees filed a lawsuit against crypto entrepreneur Joseph Lubin. Ethereum co-founder and boss of blockchain company ConsenSys, Joseph Lubin, is facing a class action lawsuit filed against him by a group of early employees claiming that he had “violated his legal commitments and
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As a co-founder of the Ethereum blockchain, Joe Lubin’s footprint is all over the world of crypto. Some of the Canadian’s detractors argue that his footprint is perhaps a little too large, his reported influence on legislators and ties to centralized finance firms like JPMorgan Chase & Co. too pronounced for
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Regulating cryptocurrencies is challenging due to the difficulty of categorizing them as commodities or securities. Their decentralized nature and unique requirements make placing them in a single category hard. As digital currencies are intended to operate independently of government control, the debate on their classification continues to spark controversy. This is
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Artemis Chief Operating Officer Jimmy Zheng does think all five qualify as dapps, saying via Telegram: “Fundamentally, the definition of an application is a construct given that the actual atomic unit within these blockchain platforms is the smart contract, which other contracts/addresses interact with. So from that perspective, they are
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Ethereum price gained approximately 4 percent in the past 24 hours to trade around $1,815 during the early Asian market on Friday. In the recent White House annual economic report to Congress, the Joe Biden administration noted that most crypto assets are unregulated securities, a commodity, a derivative, or other
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Ethereum co-founder and crypto entrepreneur Joseph Lubin is confident that Ether (ETH) won’t be classified as a security in the United States. Cointelegraph spoke with Lubin, Ethereum co-founder and founder of blockchain tech firm ConsenSys, in Tel Aviv at the Web3 event, Building Blocks 23.Asked if ETH could be classed
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The Consensys CEO lashed out at CeFi companies stating that the recent events have exposed their ill behavior and further opened the gates for DeFi to flourish.In the latest development, blockchain engineering firm ConsenSys CEO Joseph Lubin announced that the company will be cutting 97 jobs this year. This comes
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“We’re keeping the company strong; we didn’t cut into muscle,” Lubin said in an interview with CryptoX. “We sort of right-sized support functions, some customer support, some internal team support, because there’s just less activity in our ecosystem right now. I expect we’ll get back to doing quite significant and
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