Vitalik Buterin to Hold Bitcoin Cash, Dogecoin & Zcash

In addition, Vitalik owns a “significant share of capital” of Clearmatics and invested in Starkware
20 February 2019   507

Creator of Ethereum Vitaly Buterin revealed information about his cryptocurrency assets. According to his statement on Reddit, in addition to the broadcast, he holds Bitcoin, Bitcoin Cash, Dogecoin and Zcash.

According to Vitalik, the total value of the above assets is less than 10% of the value of the Ethereum stored by him. Also in the portfolio, the creator of Ethereum has KNC, MKR, OMG and REP tokens for approx. same price.

In addition, Vitalik owns a “significant share of capital” of Clearmatics blockchain-start-up, which is engaged in the creation of “decentralized clearing networks”, which automate the operation of financial derivatives. He is also an investor in Israeli startup Starkware, working on blockchain solutions focused on confidentiality and scaling.

As for non-profit organizations, Acne participates in L4, Plasma Group, EthGlobal and EDCON, as well as in other projects related to economics and cryptography.

ConsenSys to Raise $200M, Media Reports

ConsenSys distributes presentation materials to Chinese investors, which say that the company expects to receive $ 50 million in revenue this year
16 April 2019   241

Based in Brooklyn, Ethereum-start-up ConsenSys is going to attract financing in the amount of $ 200 million from outside investors with a company's market valuation of $ 1 billion, the Information reports.

To this end, ConsenSys distributes presentation materials to Chinese investors. They say that the company expects to receive $ 50 million in revenue this year, mainly due to contracts with corporate clients and government agencies.

The publication also notes that in 2018, ConsenSys revenue amounted to "only $ 21 million." The structure of revenues, the sources of which are many supported by startups, is not specified.

The startup was founded in 2014 by Joseph Lubin, who at first financed ConsenSys from his own funds. Gradually, the number of staff of the company reached 1,200 people. However, when the price of Ethereum after the 2017 boom subsided sharply, the startup reduced 13% of employees. At the end of last year, as part of the reorganization, Lubin announced the launch of ConsenSys 2.0, as well as an emphasis on partnership with outside investors from the world of traditional finance.

In January, ConsenSys invested $ 1 million in the Coinhouse trading platform and an unknown amount in Tenta startup, focused on encryption.