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Consensys Software Inc., the Ethereum software company behind MetaMask, plans to split into two independent companies, separating its consumer business from its institutional blockchain infrastructure operations.According to Wednesday’s announcement, the separation is expected to be completed by the end of 2026, with Joe Lubin serving as chairman and CEO of MetaMask and executive chairman of the new Consensys.The new Consensys will house the company’s protocols and institutional infrastructure businesses, including Linea, Besu and Teku, and will be led by CEO Mike Kriak and President David Cunningham. The company will focus on Ethereum infrastructure and helping financial institutions deploy blockchain technology for…

Blockchain intelligence firm TRM Labs has doubled its valuation to $2 billion following an expansion of its Series C funding round led by Blockchain Capital. The company did not disclose the size of the latest investment but said its annual recurring revenue has quadrupled over the past three years, according to an announcement Wednesday.The expansion follows a $70 million Series C in February, also led by Blockchain Capital. TRM provides blockchain intelligence and investigation software used by more than 600 government agencies and private-sector institutions across 75 countries, the company said.Prior to the February round, the company was valued at…

The leader of Britain’s trade unionists has told Andy Burnham the government should introduce a “social tariff”, paid for by a bank surcharge, to help low and middle earners with their energy bills.A social tariff is a discount on bills based on household income, and the TUC says it believes two-thirds of households could benefit.The TUC says the bank surcharge, which was reduced in 2023 from 8% to 3% by the then Conservative government, should be reversed – and estimates it would raise £9bn over four years.TUC leader Paul Nowak said: “I think it will appeal to the prime minister.…

In brief Trezor said its third-party email provider was breached and used to send phishing emails. The fake alert claimed an STM32 hardware flaw weakened recovery phrases on some Trezor devices. Security researchers said similar emails targeting BitBox users may point to a broader compromise of hardware-wallet email providers. Hardware wallet maker Trezor warned users Wednesday that hackers breached its third-party email provider and used it to distribute a phishing email disguised as a critical security warning.“Please be aware that the email named ‘Critical Security Alert: STM32 Entropy Vulnerability’ is not coming from us, and it’s a phishing attempt. Do…

Consensys Software Inc., the Ethereum software company behind MetaMask, plans to split into two independent companies, separating its consumer business from its institutional blockchain infrastructure operations.According to Wednesday’s announcement, the separation is expected to be completed by the end of 2026, with Joe Lubin serving as chairman and CEO of MetaMask and executive chairman of the new Consensys.The new Consensys will house the company’s protocols and institutional infrastructure businesses, including Linea, Besu and Teku, and will be led by CEO Mike Kriak and President David Cunningham. The company will focus on Ethereum infrastructure and helping financial institutions deploy blockchain technology for…

Looking back at the past quarter-century, it becomes apparent that the 9/11 terrorist attack against the United States was not a transformative event. Far more important developments have intervened, not least America’s rejection of the postwar order that it had a large hand in building. NEW YORK—This week marks the 25th anniversary of the September 11, 2001, terrorist attacks on the United States. For many Americans, 9/11 is a distant memory, or not a memory at all—approximately 40% of the US population was either born after the attacks or is too young to remember them.

Some EU countries, such as Poland, are using their expanded defense budgets to buy more foreign hardware. A better approach would be to foster a thriving innovation ecosystem which ensures that the technologies, institutions, and people that underpin a strong military benefit the civilian economy as well. WARSAW—Poland has led NATO in defense spending in relative terms for three consecutive years, with an annual budget of roughly zł200 billion ($54 billion), or 4.8% of GDP. Poland was also the first country to draw on the European Union’s Security Action for Europe (SAFE) loan facility, securing some €43.7 billion ($50 billion)…

In developed economies, manufacturing employment will decline, regardless of industrial strategies pursued. China’s competitiveness means that any expectation that manufacturing will absorb more than a trivial fraction of the large increases in the working-age population still occurring in India or Africa is a delusion. LONDON—China’s huge trade surplus, now running at over $1 trillion per year, poses important macroeconomic and trade-policy issues, which were recently addressed in a valuable Project Syndicate compendium. But aside from short-term policy choices, it is also vital to understand the deeper implications of China’s manufacturing prowess for global trends in employment and relative prices.

Sean Jacobsohn worked at HR software startups long before he began investing in them. He held senior roles at WageWorks and Cornerstone OnDemand as both companies grew from single-digit millions in revenue to tens of millions, and he also worked at Upwork. All three of which went public. He later became a venture partner at Emergence Capital before joining Norwest in 2014. As a partner at Menlo Park, California-based venture firm Norwest, Jacobsohn focuses on enterprise software, drawing on his background in finance, sales and business development. His 15 active portfolio companies range from pre-revenue startups to businesses generating more…

Follow TMX Group Limited (X:CA) Scotiabank’s 27th Annual Financials Summit September 9, 2026 2:25 PM EDT Company Participants David Arnold – Chief Financial OfficerLoui Anastasopoulos – CEO of Toronto Stock Exchange & Global Head of Capital Formation Conference Call Participants Phil Hardie – Scotiabank Global Banking and Markets, Research Division Presentation David ArnoldChief Financial Officer [Audio Gap] And that’s really been fueled across all of our business segments, as opposed to just 1 or 2. And then the second one is really accelerating the growth that we’ve spoken about, where we have a strategy to be more global than local.…