Consensys: Currently in a period of transformation, it is gradually decentralizing and shifting its focus to turning products into protocols

Cointime2024/10/30 06:22

By: Cointime

Consensys, the developer of MetaMask cryptocurrency wallet, has announced its sustainable development roadmap. Consensys has currently built infrastructure products and services such as MetaMask, Infura, Truffle, Diligence, Besu, Teku, GNARK, DIN, and Linea, and will release related plans in a few weeks. Consensys is currently in a period of transformation, gradually decentralizing and shifting its focus from products to protocols, and will evolve from a company to NetworkState over time. Earlier, Consensys announced a 20% layoff, affecting about 160 employees, due to macroeconomic factors and long-term legal expenses in the company's struggle with regulatory agencies.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14

New spot margin trading pair — LINEA/USDT!

Bitget Announcement•2025/09/11 10:04

Consensys: Currently in a period of transformation, it is gradually decentralizing and shifting its focus to turning products into protocols

You may also like

Trending news

Crypto prices