Ethereum Software Firm ConsenSys to Cut Upwards of 100 Staff

According to official news, Consensys announced that it has obtained ISO27001 security certification, laying the foundation for the security plan of the entire Consensys integration and operation. It is reported that other Web3 companies that have obtained this certificate include Fireblocks, Coinbase and MoonPay.

Odaily Planet Daily News Filecoin development team Protocol Labs has reached a cooperation with ConsenSys to support blockchain enterprises through the ConsenSys Scale program (formerly the Consensys Startup Program). The program, launching in 2022, aims to provide grants to 10 blockchain startups every quarter, allowing them to work with MetaMask, Infura and Linea while providing critical technical support, access to joint marketing resources, workshops, funding opportunities and broad ecosystem benefits. Scale is a 24-month program focused on DApps and blockchain companies in the seed and Series A funding stages. (PR Newswire)

Odaily Planet Daily News ConsenSys released the "Diligence Fuzzing" tool for smart contract testing. The new tool generates “random and invalid data points” in order to find vulnerabilities in contracts before they are released. In 2022, decentralized finance hacks caused over $2.8 billion in losses. These losses have prompted developers to adopt more sophisticated testing tools to help find vulnerabilities before attackers, ConsenSys said. The new tool used to be available in a closed beta, and developers needed to be approved for access. Effective August 1, this approval process is no longer required. Diligence Fuzzing is also now integrated with the smart contract toolkit Foundry and offers a free version for developers to test. (cointelegraph)

ConsenSys issued a statement saying that the private information (such as email addresses) of 7,000 users who are expected to contact customer support between August 2021 and February 2023 were leaked. Users of MetaMask's browser extension and mobile app were not affected, ConsenSys said, and hackers gained access to third-party service provider systems to steal customer information for support.

ConsenSys will launch a zkEVM public testnet on March 28, CoinDesk reported. ConsenSys has not determined when zkEM will exit the testnet phase, but its business lead Nicolas Liochon said it should be completed by the end of 2023.

According to CoinDesk, ConsenSys has acquired blockchain notification tool Hal to strengthen Web3 development. The specific terms of the transaction were not disclosed. Hal is a platform that sifts through blockchain data and allows users to create notifications for things like transactions, governance voting, and tax compliance. The acquisition brings 10 Hal employees and more than 40 APIs for "blockchain financial control and signaling" to Infura, the ConsenSys Web3 connectivity layer.

Switzerland's Zug Cantonal Supreme Court has ruled in favor of shareholders' request for an audit of the founding transaction of ConsenSys Software Incorporated (CSI). Codenamed "Project North Star", the transaction will transfer major products and business units (MetaMask, Infura, etc.) from ConsenSys AG in Switzerland to CSI in the US, and then based on ownership of these assets, CSI will raise funds between 2020 and 2022 $715 million. In December 2022, a judge at the Cantonal Court of Zug, Switzerland, granted ConsenSys AG shareholders a vote on the transfer of assets such as MetaMask and Infura to ConsenSys Software. Shareholders of ConsenSys AG asked a Swiss court in March to review a transaction between the two ConsenSys entities that transferred control of MetaMask and infrastructure provider Infura, among other things, with shareholders saying underlying intellectual property and subsidiaries were illegally transferred from ConsenSys AG (CAG) to The new entity, ConsenSys Software Incorporated (CSI), was used for financing. They also said the deal would benefit CAG's minority shareholders but benefit founder Joseph Lubin.

According to CoinDesk, MetaMask development company ConsenSys said it will add Ethereum staking functionality to the MetaMask Portfolio DApp through Lido and Rocket Pool. Users can trade liquid collateral tokens stETH and rETH for ETH through MetaMask, but they need to pay a certain fee.

A judge at the Swiss cantonal court in Zug has granted ConsenSys AG shareholders a vote on the transfer of assets including Metamask, Infura, and others to ConsenSys Software. A shareholder vote on this asset transfer will allow shareholders to legally represent that ConsenSys' most valuable asset has not been effectively transferred and is in fact still owned by ConsenSys AG. Foresight News previously reported that ConsenSys AG shareholders asked the Swiss court in March this year to review the transfer of control of MetaMask and infrastructure provider Infura between the two ConsenSys entities. (CAG) to the new entity ConsenSys Software Incorporated (CSI) and used for financing. They also said the deal would benefit CAG's minority shareholders but benefit founder Joseph Lubin.