• Joseph Lubin ConsenSys dividing in two
    Ethereum

    ConsenSys splits in two, cuts 14% of staff

    The once-sprawling Brooklyn-based Ethereum incubator is turning itself into a software company and an investment firm

    The Ethereum-focused startup incubator founded by Joseph Lubin is undergoing another contraction. According to an announcement Tuesday, the Brooklyn, NY-based company will divide itself into two parts, with a core software business retaining the ConsenSys name while a venture arm operates as ConsenSys Investments.

  • Craig Wright reading sued billions in bitcoin
    Cryptocurrencies,  People

    Judge to Craig Wright: Put up or shut up

    Self-proclaimed bitcoin creator given until Feb. 3 to prove a ‘mysterious bonded courier’ is delivering the keys to $9 billion in bitcoin in ‘Tulip Trust I-III’

    Craig Wright has just 23 days left to prove his claim he’s really Satoshi Nakamoto, the creator of Bitcoin and founder of the cryptocurrency revolution. “Given the Defendant’s many inconsistencies and misstatements, the Court questions whether it is remotely plausible that the mysterious ‘bonded courier’ is going to arrive, yet alone that he will arrive in January 2020 as the Defendant now contends,” Judge Beth Bloom wrote.