#consensys

Ethereum Layer 2 solution Linea developed by Consensys is heading towards decentralization. At Devcon 2024, the company announced the Linea Association to oversee the blockchain’s development and governance along with the launch of the LINEA token.

A federal judge in Texas dismissed ConsenSys' lawsuit against the U.S. Securities and Exchange Commission (SEC) and its chairman, Gary Gensler. The company sought to legally establish that Ethereum is not a security and to prevent the SEC from interfering with the operation of the MetaMask crypto wallet.

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Consensys, accusing the company of violating federal securities laws.

Newly revealed documents from a Consensys lawsuit indicate that the SEC's committee approved an investigation named "Ethereum 2.0" in April 2023. According to Fox Business, these documents provide insights into the SEC's evolving views on Ethereum's classification as a security.

Joseph Lubin is facing a lawsuit from over two dozen former employees of his blockchain firm, ConsenSys.

The hacker shared a link for a supposed free NFT giveaway from Consensys, tricking users into connecting their wallets and subsequently stealing all their NFTs. According to ZachXBT, the incident led to losses of over $691,000. Speculations suggest it might be related to a SIM card swap. Shortly after the breach, Buterin's father wrote: “Disregard this post, apparently Vitalik has been hacked. He is working on restoring access.”

Consensys, the developer of the widely-used non-custodial MetaMask wallet, has announced layoffs impacting more than 160 employees (nearly 20% of its team) across all divisions.

Wallet Guard, a browser-based app, identifies scams and malware in real time. ConsenSys is integrating this functionality into MetaMask.

Consensys has reported that the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Ethereum 2.0, deciding not to classify it as a security. This announcement follows the approval of Ethereum ETFs and comes just before the expected start of trading in July.

In a lawsuit filed in San Francisco, crypto influencer Joel Dietz claims that Consensys stole his idea for a browser-based crypto wallet similar to MetaMask. Dietz alleges that he created the intellectual property that eventually became MetaMask under a project called Vapor in late 2014. He hired a person named Davis in 2015 to help with coding Vapor, but Dietz accuses Davis of betraying him and collaborating with Consensys instead. Consensys denies Dietz’s claims, stating that he falsely marketed himself as the founder of MetaMask to deceive investors.

9 years ago, Vitalik Buterin presented his Ethereum smart contract platform to the world. He officially announced his invention on BitcoinTalk Forum with a post titled "Welcome to the New Beginning!" It’s not an anniversary date, so let’s do without flowers and applause. But one thing that we would like to mention is that everyone who made their first steps at that time became most powerful people in crypto. With its roots in the Ethereum team, crypto mafia has spread across the world: - Charles Hoskinson launched Cardano in 2017. - Anthony Di Iorio launched Decentral Inc. and the Jaxx wallet - Joseph Lubin launched ConsenSys - Gavin Wood created Polkadot and developed the Solidity smart contract language. Our congratulations on these achievements, Vitalik!