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☆ Crypto company Consensys sued by SEC as regulator continues industrywide crackdown
▼ + stars: | 2024-06-28 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

Crypto firm Consensys has been added to the SEC's list of targets, as the regulator continues its industrywide crackdown. "Consensys violated the federal securities laws by failing to register as a broker and failing to register the offer and sale of certain securities," the court filing alleges. In April, Consensys, which provides blockchain software, tried to preempt the SEC's action with its own lawsuit, alleging overreach on the part of the regulator. The 10-year-old company said its suit followed three subpoenas issued last year, plus a Wells notice from the SEC that claimed Consensys was violating federal securities laws. Consensys said in an emailed statement Friday that the action is part of an "anti-crypto agenda" at the SEC.

Persons: Crypto, Consensys, overreach, Wells Organizations: Securities, Exchange Commission, SEC, Ethereum Locations: Brooklyn , New York, Consensys

☆ MetaMask introduces crypto wallet security alerts to drive wider adoption
▼ + stars: | 2024-02-21 | by ( Talia Kaplan | Jordan Smith | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMetaMask introduces crypto wallet security alerts to drive wider adoptionRyan Jones, senior director of product management at Consensys, the developer of the self-custodial crypto wallet MetaMask, discusses a new feature focused on enhancing security for wallet users. He also weighs in on what's needed for broader adoption of crypto and explains why MetaMask was unavailable on the Apple App Store for a short period of time.

Persons: Ryan Jones, MetaMask Organizations: Apple Locations: Consensys

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWinklevoss twins donate nearly $5 million to crypto super PAC: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Ryan Jones, senior director of product management at Consensys, the developer of the self-custodial crypto wallet MetaMask, discusses a new feature focused on enhancing security for wallet users.

Persons: explainers, Ryan Jones Organizations: CNBC Crypto, CNBC Locations: Consensys

☆ Mark Cuban lost nearly $900,000 to crypto hackers—how investors can avoid similar scams
▼ + stars: | 2023-09-21 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

Tech billionaire Mark Cuban recently lost nearly $900,000 worth of crypto to a scam that could happen to any crypto owner. On Friday, apparent hackers drained Cuban's digital wallet of around $870,000 worth of various types of cryptocurrencies, including various stablecoins, SuperRare and Ethereum Name Service tokens, according to crypto news outlet DL News. However, Cuban says he believes he downloaded a fraudulent version of the popular app that he found in a Google search, according to DL News. That's one reason financial experts advise against putting more money into crypto than you're willing to potentially lose. Before the hackers made off with more of Cubans digital funds, he says he was able to transfer his remaining virtual assets to Coinbase, per DL News.

Persons: Mark Cuban, Kenny Estes, they're Organizations: Tech, Cuban, CNBC Locations: MetaMask

☆ How this 26-year-old went from running bitcoin trading desks in Taco Bells to creating the largest crypto exchange in Africa
▼ + stars: | 2023-03-25 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +28 min

Yellow Card CEO Chris Maurice just before meeting with the Securities and Exchange Commission in Accra, Ghana. Chris MauriceFrom there, Yellow Card users can send or receive digital cash in eligible markets. Zoom In Icon Arrows pointing outwards Yellow Card CEO Chris Maurice in Accra, Ghana loading cash onto his Mobile Money account, MoMo. Yellow Card has facilitated $1.75 billion in transactions since launching in 2019 and has about 220 employees – mostly in Africa. A resident checks his phone outside a mobile money kiosk in the Kibera district of Nairobi, Kenya, on Monday, Aug. 1, 2022.

☆ This startup founded by a former Getir CTO enables users to hold stablecoins pegged to the US dollar. Check out the 11-slide pitch deck Cenoa used to raise $7 million.
▼ + stars: | 2023-02-06 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Cenoa, a fintech startup cofounded by the former CTO of Getir, has raised $7 million in funding. The startup enables customers to access USDC, a digital asset tied to the US dollar. We got an exclusive look at the 11-slide pitch deck used to raise the fresh funds. A startup that has developed a digital wallet where users can hold a stablecoin pegged to the US dollar has raised $7 million in seed funding. In the UK, for example, Cenoa works with FCA-registered Transak so that users can deposit and withdraw funds using local banking networks.

☆ Web3 VC Adam Struck says better crypto wallets could protect retail investors in the future, after they lost billions from the Celsius meltdown. Here's how.
▼ + stars: | 2022-10-18 | by ( April Joyner | ) www.businessinsider.com time to read: +3 min

Crypto wallets let people keep custody of their assets, but they're notoriously hard to use. As a result, there's a big market opportunity for friendlier wallets, VC Adam Struck told Insider. By contrast, non-custodial crypto wallets, such as MetaMask, allow people to keep control over their assets. That opens up a big opportunity for wallet startups that can offer a better user experience, according to Adam Struck, the founder and managing partner of the investment firm Struck Crypto. But having easier options for storing crypto assets without having to rely on any given company's investment practices could serve as a valuable stopgap until that happens, he believes.

Here are 10 hiring companies where you can work from anywhere in the world. It has compiled a list of companies that posted the most work-from-anywhere job listings between January and June. It said the three industries that posted the most work-from-anywhere jobs over that period were marketing, IT, and writing-or-editing services. The most popular work-from-anywhere job titles included copywriter, social-media manager, front-end developer, executive assistant, and recruiter, Flexjobs said. Here are the 10 companies that offered the most full- or part-time work-from-anywhere jobs in the six-month period.

In the event of bankruptcy, crypto customers with custodially held assets are typically last in line to receive payment. Consider a custodial walletThere are two key types of crypto wallets: custodial wallets and non-custodial wallets. You can set up multiple crypto wallets, so one solution would be to open non-custodial custodial wallets in addition to your exchange's custodial wallet. Pros and cons of custodial walletsAs mentioned earlier, custodial wallets are managed by a third party (e.g., a crypto exchange). You could even set up multiple crypto wallets to lower the risks associated with custody (e.g., hacks and theft).

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