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ConsenSys is a leading Ethereum and decentralized protocols software company. We enable developers, enterprises, and people worldwide to build next-generation applications, launch modern financial infrastructure, and access the decentralized web. Our product suite, composed of Infura, Quorum, Codefi, MetaMask, Truffle, Diligence and our NFT platform, serves millions of users, supports billions of blockchain-based queries for our clients, and has handled billions of dollars in digital assets.
Recent regulatory action against Consensys and Samourai has instilled fear among other crypto service providers operating in the United States.
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Even a small 2.25% decline this weekend could trigger the liquidation of over $500 million in Ether long positions.