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Crypto Custody Startup Raises $8 Million from ConsenSys & Two Sigma Ventures

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Venture firm Two Sigma and Ethereum development studio ConSensys have invested $ 8 million into digital asset custody solution provider Trustology, Business Insider reports. Both investors would be joining Trustology’s board of directors. London based Trustology, known for developing the TrustVault, a crypto management service that safeguards private keys by keeping them in “tamper proof, programmable

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ConsenSys Cuts 13% of Its Staff as the Crypto Bear Market Continues

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Ethereum (ETH) development studio ConsenSys has reportedly let go of 13% of its 1,200-person staff as the cryptocurrency bear market enters its twelfth month. According to a recent report by CoinDesk, ConsenSys is refocusing its priorities to improve its business operations, which currently includes over 50 ‘spoke’ startups under incubation. “Excited as we are about ConsenSys […]
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The Daily: Consensys Acquires Planetary Resources, New Zealand Backs Crypto R&D

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The Daily: Consensys Acquires Planetary Resources, New Zealand Backs Crypto R&D

In today’s edition of The Daily, we look at a company that has decided to expand from the cryptocurrency space into outer space by buying a venture focused on mining asteroids. We also cover an investment platform that has secured R&D funding from a government agency, as well as a limited-edition hardware wallet.

Also Read: Bitcoin Trader Faces Five Years in Jail for Unlicensed Money Business  Read more...

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To the Moon? Ethereum Startup ConsenSys Acquires Asteroid Mining Company

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New York-based blockchain software technology startup and Ethereum development studio ConsenSys has acquired asteroid mining company Planetary Resources, Inc. through an asset-purchase agreement. Following the acquisition, Planetary Resources President and CEO Chris Lewicki and General Counsel Brian Israel will be joining the team at ConsenSys, according to an official press release. Before co-founding and joining

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Ubisoft, Ultra, ConsenSys, Enjin, other top gaming, blockchain firms form Blockchain Game Alliance

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Ubisoft, Ultra, ConsenSys, Enjin, other top gaming, blockchain firms form Blockchain Game Alliance
Some of the most influential gaming and blockchain companies – such big names as Ubisoft, Ultra, ConsensSys, Enjin, among others – have formed the Blockchain Game Alliance, a coalition of gaming and blockchain firms dedicated to promoting the democratization of blockchain within the gaming industry….

The post Ubisoft, Ultra, ConsenSys, Enjin, other top gaming, blockchain firms form Blockchain Game Alliance appeared first on CoinReport.

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ConsenSys Has Begun Using Ethereum to Supply Electricity to Texas

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Grid+, a blockchain startup operated by ConsenSys, the largest blockchain software company in the world operated by Ethereum co-creator Joseph Lubin, has successfully started to supply electricity to its clients in Texas. Milestone Reached: Grid+ Texas has begun flowing power to its first four customers! — Grid+ (@gridplus_energy) September 21, 2018 Through the use of

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ConsenSys Initiative Empowers Students to Use Blockchain for Social Good

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ConsenSys Initiative Empowers Students to Use Blockchain for Social Good

ConsenSys Social Impact — a program designed to build blockchain-based solutions for global humanitarian issues — is partnering with MakerDAO and optiMize to launch a new Blockchain for Social Impact Incubator at the University of Michigan in Ann Arbor. It is the first university-sponsored program of its kind.

Students taking part in the course will receive mentorship and guidance from blockchain advisors, as well as potential funding, as they work to build blockchain-based ventures for improving social good. Finalists will be named at the end of the year and will be awarded funding to further their designs.  Read more...

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Interview: Ethereum Development Studio ConsenSys CSO Sam Cassatt

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We had the opportunity to interview Sam Cassatt at TechCrunch Disrupt SF. Sam is the Chief Strategy Officer of ConsenSys and has great involvement throughout the organization. Sam has an interesting background in that he worked on biocomputation in the field of Cognitive Science at John Hopkins and then consulted around the topic for years.

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Interview: Joseph Lubin, Co-Founder of Ethereum & ConsenSys

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We were able to sit down with Ethereum and ConsenSys Founder Joseph Lubin last week at TechCrunch Disrupt SF and talk to him about some of the projects that ConsenSys is working on. [Editor’s Note: This interview has been edited for clarity] CCN: What is ConsenSys? Joseph Lubin: ConsenSys is a venture development studio with

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Throwback Thursday: ConsenSys Exec. Predicted Ethereum Price Would Hit $2,000 in 2018

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The unfortunate side effect of making specific predictions about future events is that you eventually have to measure your claims against reality. For cryptocurrency bulls who made 2018 price targets in December and early January, that reckoning is rapidly approaching, and one such price prediction has been making the rounds on social media this week.

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ConsenSys Ventures Kavita Gupta Talks Tachyon and India

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ConsenSys Ventures Kavita Gupta Talks Tachyon and India

ConsenSys, the Ethereum production studio based in the U.S., launched ConsenSys Ventures last year selecting Kavita Gupta to run two funds of $ 50 million and $ 100 million.

Bitcoin Magazine caught up with ConsenSys’ Gupta to discuss the launch of project Tachyon and the launch of ConsenSys India, as well as the various factors that come into play in deciding where to allocate funds.  Read more...

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Saudi Telecom and ConsenSys Boost Blockchain Infrastructure in Middle East

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Saudi Telecom and ConsenSys Boost Blockchain Infrastructure in Middle East

Saudi Arabia is rebuilding its country’s industry and government infrastructure in line with its Vision 2030 commitment to become a world leader in the adoption of blockchain infrastructure technology.

ConsenSys, the world’s largest Ethereum blockchain design studio, is partnering with the Saudi Telecom Company (STC), to help make this happen.

In a Memorandum of Understanding (MOU) signed recently, the two companies agreed to work together to design and build out blockchain technology in a range of government and private sectors including real estate, banking and healthcare.  Read more...

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Ethereum Blockchain Tools Available to Microsoft Azure Enterprise Users

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Microsoft has been involved in Bitcoin and other digital currencies for quite some time now, although the company has kept relatively quiet on its efforts so far.  That situation has come to change, as there are plans to roll out an Ethereum Toolkit for Business Users.  This gives enterprise users the option to build applications and services on top of the Ethereum protocol.

Azure Service Gets Ethereum Sandbox InitiativeDigitalMoneyTimes_Microsoft Azure

The Ethereum collective – called ConsenSys – will give Microsoft Business Users direct access to the Ethereum Blockchain.  However, the functionality integrated into Azure Services will use the Ethereum Blockchain “as-a-service”,  creating a sandbox environment for aspiring developers.  Read more...

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