ConsenSys Plans to Spin out Most of its Startups, and it’s Going to Mean Layoffs

Bitcoin ETF

Layoffs are coming to ConsenSys, the Ethereum-focused startup incubator and blockchain technology conglomerate. According to sources at the company, ConsenSys is quickly spinning out startups that it previously supported, which will drastically impact its workforce and leave an uncertain fate for one of the blockchain world’s most ambitious and well-funded startups. ConsenSys runs an internal […]

Blockchain Сompany ConsenSys Acquires Planetary Resources

Cryptocurrency Exchanges

Blockchain venture production studio ConsenSys, Inc. has acquired the pioneering space company Planetary Resources, Inc. through an asset-purchase transaction. Planetary Resources’ President & CEO Chris Lewicki and General Counsel Brian Israel have joined ConsenSys in connection with the acquisition. Previously, Chris Lewicki worked at NASA’s Jet Propulsion Laboratory as Flight Director of the Spirit & […]

Blockchain Startup StarkWare Closes $30M Series A Led by Paradigm

Decentralized

Blockchain Startup StarkWare announce that recently closed a $30M equity round, led by Paradigm. Other new investors include Intel Capital, Sequoia, Atomico, DCVC, Wing, Consensys, Coinbase Ventures, Multicoin Capital, Collaborative Fund, Scalar Capital and Semantic Ventures. Existing investors Pantera, Floodgate, and Naval Ravikant also participated in the round. StarkWare commercializes the STARK zero-knowledge proof system. […]

Blockchain Company ConsenSys Invests $6.5 Million from DrumG Technologies

ConsenSys

DrumG Technologies, a financial technology company focused on building and operating next generation enterprise distributed ledger-based applications for the regulated global financial services industry, today announces a $6.5-million Series A minority investment from global blockchain company ConsenSys. ConsenSys is the sole investor in this funding round and ConsenSys Founder and its CEO Joseph Lubin will serve on the DrumG Technologies Board […]