Best of consensys.io on Kiwi News
Most upvoted by Kiwi News readers
7 stories from consensys.io have been shared on Kiwi News since 1 July 2023, with 21 upvotes and 1 comment in total. The latest was shared on 16 July 2025. They are listed below, most upvoted first.
Text under a title is an AI summary of the linked article.
- Consensys Sues the SEC to Defend the U.S. Ethereum Community
Consensys and the SEC have agreed in principle to dismiss the securities enforcement case concerning MetaMask, pending Commission approval, according to Consensys. The SEC would file a stipulation with the court that effectively closes the case. Consensys says its lawsuit against the SEC caused the agency to drop its Ethereum investigation, and it credits Matt Corva and its legal team for the work.
- Ethereum is Trustware, core trust infrastructure for the world
Ethereum is presented as "trustware," a core digital trust infrastructure for the global economy, and the article argues that it is the only network positioned to fill that role. It says Ethereum turns trust into a cryptographically secure, programmable commodity, with ETH consumed as the fuel for transactions. The text claims that by 2028 at least $3 trillion in assets will run on Ethereum's digital trust, and that over $9 trillion is currently spent each year on social-based institutional trust infrastructure. It also cites $14.26 trillion in stablecoin settlement over the last 12 months and names BlackRock, JPMorgan and Franklin Templeton as early adopters moving tokenized assets on-chain.
- Consensys leads $425,000,000 Private Placement into SharpLink
Consensys is leading a $425,000,000 private placement into SharpLink Gaming (NASDAQ: SBET), which intends to use the proceeds to buy ETH and adopt it as its primary treasury reserve asset. Consensys describes the move as a sign of growing recognition of Ethereum's role in the global economy. Joseph Lubin, Consensys founder and CEO and an Ethereum co-founder, will become Chairman of SharpLink when the fundraise closes. Other named backers of SharpLink's leadership include ParaFi, Pantera, Galaxy and Electric Capital.
- Ethereum Pectra Upgrade: Everything you need to know
Ethereum's 16th network upgrade, Pectra, is scheduled to go live on May 7, 2025, combining the Prague execution layer hard fork with the Electra consensus layer upgrade. Its 11 scheduled EIPs include EIP-7702, which adds smart account and delegation features, and EIP-7251, which raises the validator staking limit from 32 ETH to 2,048 ETH. EIP-7691 raises the blob target from 3 to 6 per block, which doubles expected blob throughput for layer 2 rollups and is intended to lower their fees.
- Consensys - global perception of web3; a survey of countries
Consensys and YouGov surveyed 15,158 people online across 15 countries in April and May 2023 and found strong awareness of cryptocurrency but much weaker awareness of web3. According to the report, 92% of respondents globally have heard of crypto, while only 24% are familiar with web3 and just 8% consider themselves very familiar with it. Despite this gap, 83% say data privacy is important, 79% want more control over their online identity, and 67% believe they should own what they create online. Only 38% feel adequately compensated for their contributions.
- Consensys’ Path To Long-Term Sustainability and Decentralization
Consensys is cutting 20% of its workforce to streamline operations and position itself for long-term sustainability, while stating that its core business remains strong. The company says it is extending the stock option exercise window for affected employees from 12 to 36 months and offering severance based on tenure, outplacement services, and extended healthcare in relevant jurisdictions. Consensys also says it is transforming from a company into a Network State over time, with MetaMask and Linea as core platforms, and it blames macroeconomic conditions, regulatory uncertainty, and SEC cases for industry challenges.
- 5 Takeaways from ETHCC about the Future of Web3
The article presents five takeaways from ETHCC and ETHGlobal Paris in July 2023 about the future of web3, with its main conclusion that Ethereum and web3 look promising. It says Layer 2 scaling continues, citing over $23 million bridged and 774,000 transactions since the Linea mainnet alpha release, and that Lens V2 advances a decentralized social layer. It also argues that account abstraction will drive mass adoption and that the ecosystem needs more focus on application development and interoperability, pointing to Chainlink's CCIP mainnet launch.