Conensys boss Joe Lubin has confirmed that SWIFT will leverage the Ethereum layer-2 Linea blockchain to build its crypto payments ledger.
ConsenSys News
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ETH failed to trade above $4,300, but $547 million in inflows to the spot Ether ETFs highlight TradFi’s position on the future direction of ETH price.
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Swift is teaming up with Consensys and over 30 unspecified institutions to build a blockchain-based settlement system for 24/7 real-time cross-border payments.
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Crypto price tracker CoinGecko shows that the Linea token traded at $0.024 at the time of writing, down 20% in the last 24 hours.
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MetaMask will roll out its mUSD stablecoin in 2025, launching first on Ethereum and Consensys’ Linea network for use across Web3 applications.
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Declan Fox, global product lead for Linea, said there is no exact date for the token generation event yet, but details will be shared a week before.
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As Ethereum marks a decade, Consensys touts its security architecture and “trustware” thesis as key to its long-term role in global finance.
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While SharpLink has become the largest publicly traded holder of Ether globally, some entities, including the Ethereum Foundation and BlackRock, are still holding more ETH.
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ConSensys has acquired Web3Auth, which it says will help it improve the user experience for its popular MetaMask crypto wallet.
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SharpLink Gaming announced a $425 million private equity deal to launch an Ether treasury and appointed Ethereum co-founder Joseph Lubin as board chairman.
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The SEC under US President Donald Trump announced it would closie its investigation of Uniswap and lawsuit against Consensys in February, roughly a month after the donations.
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The SEC is dropping its enforcement actions against crypto firms in an apparent regulatory pivot following new leadership at the regulator.
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According to a survey from blockchain firm Consensys, half of the respondents from Nigeria, South Africa, Vietnam, the Philippines and India already own a crypto wallet.
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Max Resnick became increasingly critical of Ethereum’s layer-2 scaling approach in recent months, suggesting it should have focused its scaling efforts on the base layer like Solana.
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MetaMask co-founder Dan Finlay’s memecoin experiment highlights Web3’s struggles with consent, trust and investor expectations.
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