ConsenSys May Lay Off Up to 60% of Staff

ConsenSys is actively reviewing its portfolio of blockchain projects, either reducing its composition or cutting back funding for start-ups
21 December 2018   398

The blockchain startup ConsenSys can lay off 50-60% of its employees, not 13%, as previously reported. About this writes The Verge.

According to the documents at the source’s disposal, ConsenSys is actively reviewing its portfolio of blockchain projects, either reducing its composition or cutting back funding for start-ups.

To date, the company has supported approximately 36 different start-ups, with teams of between five and 50 people working in their teams. In general, the state of ConsenSys of 1200 people can be reduced by at least 50%.

Founded in October 2014, ConsenSys is focused on the development of the Ethereum network ecosystem. The new strategy, the head of ConsenSys Joseph Lubin announced in early December. In particular, he told staff that the company will tighten standards for supported startups.

Amberdata to Study Abnormal ETH Miners Rewards

As reported, unknown person mixed up the “gas price” field and “transaction cost”, left the workplace, and the bot did not work correctly
21 February 2019   82

The research startup Amberdata analyzed the activity of the Ethereum network in the last 24 hours and, like the media, found five transactions with an abnormally high commission.

It turned out that all five transfers were made from one address. Within four hours, the owner of the address paid the miners about $ 583,976 for processing transactions.

Note that the commission for block # 7,238,290 in the amount of 2103,1485 ETH, which was received by the Sharkpool pool, is the largest in the history of the network. Nevertheless, representatives of the pool temporarily froze funds in case the owner of the address made a mistake.

Amberdata is convinced that an unknown person mixed up the “gas price” field and “transaction cost”, left the workplace, and then the bot did not work correctly.