• ErisX ETH futures America
    Cryptocurrencies,  Ethereum,  Regulation

    ErisX brings ETH futures to America

    The crypto derivatives exchange’s physically settled ether futures are the first available to U.S. investors; Binance.US adds OTC desk for large crypto trades

    On May 11, TD Ameritrade-backed cryptocurrency derivatives exchange ErisX announced that it now offers physically settled ether futures contracts to both institutional and retail investors.

  • ConsenSys cut 14% of staff
    Ethereum

    ConsenSys cut 14% of staff today, blaming the COVID-19 pandemic

    Another round of layoffs hit 90 people at Joe Lubin’s Ethereum venture studio, two months after similar cuts related to a reorganization

    Two months after ConsenSys cut 14% of staff in a round of layoffs, the axe has struck once again at Joe Lubin’s Brooklyn-based Ethereum venture studio. On April 20, the company announced another 14% reduction in headcount, this time attributed to the coronavirus pandemic downturn. That’s about 90 people. “Like most of its peers, ConsenSys is seeing extraordinary uncertainty in the market, with businesses rebalancing priorities and reevaluating timelines,” a spokesperson told Modern Consensus via email. “In such an environment, we must make changes to conserve resources and ensure our continued ability to support our customers, drive innovation, and serve the broader ecosystem.”  Adding that “no particular areas that were…

  • Ripple CEO Brad Garlinghouse and Georgetown Law Prof. Chris Brummer in conversation at DC Fintech Week, October 23, 2019 (photo by Modern Consensus staff).
    Ripple,  XRP

    Clayton tantalizes XRP Army with suggestion of ‘fresh look’ at international payments

    With all eyes on Zuck, Fintech Week shows industry’s maturity and diversity

    WASHINGTON—Sometimes the best scheduling comes down to luck. Day Three of the four-day conference known as Fintech Week was clearly scheduled to keep attendees in the vicinity through at least Wednesday. Securities and Exchange Commission Chairman Jay Clayton, Ripple CEO Brad Garlinghouse, and Ethereum co-founder Joe Lubin were all on the scene at the Showroom on 14th St NW. All the better that, by coincidence, the conference locale was just blocks from the high stakes testimony Mark Zuckerberg was delivering at the same time at the Capitol.

  • Digital Asset Holdings Founder Eric Saraniecki, CEO of Ripple Brad Garlinghouse, Jeremy Millar, Chief of Staff of Consensys, Jeff Dorman, CIO of Arca (image via Twitter).
    Innovators

    Inside the invite-only Cumberland Global Summit

    We get the goods from crypto’s elite at the year’s most elite conference

    As the crypto business matures, a robust—some would say never-ending—series of industry conferences has arisen to provide reasons for players in the space to gather in person. Perhaps the most elite of these is the yearly Cumberland Global Summit.