Latest Consensus Toronto 2025 Coverage News 🔥
Consensus Toronto 2025 Coverage
Smokey The Bera Aims to Enhance Berachain's Resistance to Cryptocurrency Market Fluctuations
According to Smokey the Bera, the pseudonymous founder of Berachain, the platform is working towards creating 'decorrelated populations' of users to mitigate the effects of market reflexivity, as stated during CoinDesk's Consensus 2025 event in Toronto. Market reflexivity is a major concern in the realm of decentralized finance and cryptocurrency, referring to the phenomenon where market sentimen…
May 15, 2025, 3:36 p.m.
Consensus Toronto 2025 Coverage
Canadian Government Urged to Expedite National Cryptocurrency Strategy by Coinbase Canada CEO
During his appearance at Consensus 2025 in Toronto, Lucas Matheson, CEO of Coinbase Canada, emphasized the need for the new Canadian government to establish a national cryptocurrency strategy. Matheson, speaking on a panel about the Canadian government's role in leading the crypto industry, outlined key steps to position Canada as a leader in the blockchain space. He noted that while Canada has h…
May 15, 2025, 2:27 p.m.
Consensus Toronto 2025 Coverage
a16z Crypto Invests $7M in KYD Labs to Revolutionize the Ticketing Industry
A $7 million seed funding round has been led by a16z Crypto for KYD Labs, a cutting-edge ticketing platform that utilizes blockchain technology to grant artists and venues greater control over ticket sales, fan data, and revenue streams.
This investment marks a significant milestone for KYD Labs as it seeks to expand its presence in the live event space, having already achieved success at promin…
May 15, 2025, 1 p.m.
Consensus Toronto 2025 Coverage
Banks Turn to Stablecoins Amid Fears of Losing Market Share to Digital Currencies
The increasing competition in the stablecoin market, coupled with impending US regulations, has caught the attention of traditional financial institutions, primarily due to fears of being left behind by digital currencies, stated Ben Reynolds, BitGo's managing director of stablecoins, at Consensus 2025 in Toronto. During a panel discussion, Reynolds mentioned that BitGo's recently introduced stab…
May 14, 2025, 9:59 p.m.
Consensus Toronto 2025 Coverage
Brandon Lutnick, Cantor Fitzgerald Chairman, Confirms Verification of Tether's Reserves
During Consensus 2025 in Toronto, Cantor Fitzgerald Chairman Brandon Lutnick revealed that he personally audited Tether's reserves at the inception of their partnership, dispelling early rumors about the stablecoin's backing. The speculation, which included a 2019 allegation by New York Attorney General Letitia James of a nearly $1 billion discrepancy in Tether's accounts, was later settled. Lutn…
May 14, 2025, 9:29 p.m.
Consensus Toronto 2025 Coverage
Anchorage Digital CEO Dismisses Allegations of DHS Investigation as Baseless
During a panel discussion at Consensus 2025 in Toronto, Anchorage Digital's CEO, Nathan McCauley, vehemently denied reports that the US Department of Homeland Security is investigating the cryptocurrency bank. He described the claims as entirely unfounded. The allegations originated from a recent article by Barron's, which suggested that the El Dorado Task Force, a unit within DHS focused on mone…
May 14, 2025, 9:24 p.m.
Consensus Toronto 2025 Coverage
Misconceptions Surrounding Global Iris-Scanning Technology Addressed by Advisor
The World project, led by Sam Altman, has faced criticism for its utilization of iris-scanning technology to create digital identities. However, according to World Foundation Advisor Liam Horne, the controversy surrounding this technology is often misinterpreted. Horne stated that the concerns are 'the complete opposite' of what critics claim, emphasizing that the data 'never leaves the orb.' The…
May 14, 2025, 8:48 p.m.
Consensus Toronto 2025 Coverage
Cardano Founder Charles Hoskinson Unveils Plan to End Crypto Infighting with Massive Token Distribution
Charles Hoskinson, the founder of Cardano, has expressed his desire to put an end to the ongoing tribalism in the cryptocurrency world. To achieve this, he plans to distribute tokens to approximately 37 million wallets across eight different blockchains through a massive airdrop known as Glacier Drop.
During his speech at Consensus 2025 in Toronto, Hoskinson criticized the current state of the …
May 14, 2025, 8:06 p.m.
Consensus Toronto 2025 Coverage
Pantera Capital's Dan Morehead Envisions Decades of Bitcoin Growth Ahead
According to Dan Morehead, founder and CEO of Pantera Capital, the long-term potential of Bitcoin remains largely untapped. Speaking at Consensus 2025 in Toronto, Morehead expressed his conviction that there are several decades of exceptional returns ahead for the asset class.
Morehead revealed that Pantera has achieved a profit on 86% of its portfolio companies and has invested in 22 startups …
May 14, 2025, 7:38 p.m.