Coinbase has awarded all of its 1,700 employees with 100 shares ahead of its hotly anticipated direct listing which is scheduled for today. Based on the $250 reference price set by the NASDAQ stock exchange each employee is poised to become $25,000 better off.

Exodus, a leading crypto wallet provider, has raised more than $59 million in the first 5 days of its public offering. The company is already 80% of the way towards its goal of raising $75 million with participation from 4,000 investors.

ConsenSys, an Ethereum development hub, has raised $65 million from high profile traditional financial institutions such as JPMorgan, Mastercard and UBS. Leading crypto investors also participated in the round with investments from Protocol Labs, Alameda Research and CMT Digital.

Sponsored: Aventus, the layer-2 blockchain protocol that brings scalability, lower costs, and speed to Ethereum transactions, announced last week its Validator Staking Program Part 2 to allow AVT token holders to earn their share of transaction fees from Aventus Network transactions.

Top stories in the Crypto Roundup today:

• Coinbase Awards All Employees 100 Shares in Surprise Giveaway
• Exodus Wallet Raises $59M in Regulated Offering
• Ethereum Hub ConsenSys Raises $65M From JPMorgan, Mastercard, UBS, Others
• Sponsored: Aventus Network Launches Second Validator Staking Program For AVT Token Holders

Coinbase Awards All Employees 100 Shares in Surprise Giveaway

Coinbase has awarded all of its 1,700 employees with 100 shares ahead of its hotly anticipated direct listing, which is scheduled for today. Based on the $250 reference price set by the NASDAQ stock exchange, each employee is poised to become $25,000 better off. A Coinbase spokesperson described it as a "thank you" to the company's staff.

Analysts are expecting Coinbase to earn a market valuation of around $100 billion in what is a major milestone for the crypto industry. Its listing on such a high profile traditional stock exchange is drawing attention from traditional investors to the world of crypto companies and bitcoin.

Exodus Wallet Raises $59M in Regulated Offering

Exodus, a leading crypto wallet provider, has raised more than $59 million in the first 5 days of its public offering. The company is already 80% of the way towards its goal of raising $75 million with participation from 4,000 investors.

Interestingly the firm has noted that the majority of investment has been generated from retail traders, with only 8% of the funds raised contributed by accredited investors. The sale was only available to U.S. investors and accepted payments in Bitcoin, Ether and USDC.

Exodus claims that the raise was the largest regulated crypto offering to date, however, this crown will not last long with Coinbase set to list on NASDAQ today.

Ethereum Hub ConsenSys Raises $65M From JPMorgan, Mastercard, UBS, Others

ConsenSys, an Ethereum development hub, has raised $65 million from high profile traditional financial institutions such as JPMorgan, Mastercard and UBS. Leading crypto investors also participated in the round with investments from Protocol Labs, Alameda Research and CMT Digital.

ConsenSys appears to be moving away from providing consulting and services and towards a product and revenue focus. Founder and CEO Joe Lubin has said the round was carefully constructed to support their strategic goals:

“It’s almost all strategics, and we intended for them to be in different industries. Some in the traditional economy, some in the decentralized economy, and we also intended for it to be regionally distributed.”

Aventus Network Launches Second Validator Staking Program For AVT Token Holders

Aventus Layer-2 Ethereum scaling solution pays validators their share of transaction fees from more than 8.5m historical transactions

Aventus, the layer-2 blockchain protocol that brings scalability, lower costs, and speed to Ethereum transactions, announced last week its Validator Staking Program Part 2 to allow AVT token holders to earn their share of transaction fees from Aventus Network transactions.

What is the Aventus Validator Registration Program?

The Aventus Network (AvN) main net is a second-layer blockchain protocol that brings scalability, lower costs, and speed to Ethereum transactions. 

The network relies on AVT holders as Validators who process transactions in return for a fee. The Aventus Network launched with 10 nodes, each with an equal probability of selection to process transactions.

Each node earns fees associated with the processed transactions at an average of $0.01 per transaction. And each node will have a total stake of 250,000 AVT.

AVT holders staked more than 1.5m tokens during Part 1 and now have the chance to stake up to 1m more tokens during Part 2, totalling 25% of total AVT supply.

Validator transaction fee rewards are paid in proportion to the amount of AVT a Validator associates with a node. 

Thanks to Aventus’ existing partnerships with Cashback App, Artos Systems, FanDragon, and VOW currency, Aventus Validators earn transaction fees from the processing of a minimum of 8.5m historical transactions.

Become a Validator

Validators are free to withdraw their proportional share of transaction fees associated with their nodes on a monthly basis and deposit any amount of AVT to any of the 10 nodes using the Ethereum smart contract provided. The smart contracts have undergone a security audit by an independent third-party.

The Validator Staking Program Part 2 began on March 31st and will last until the end of April.

How to earn transaction fees with your AVT as a Transaction Validator

To register for the Transaction Validator Program, visit Aventus' Products.

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