ConsenSys
Ethereum Builder ConsenSys Raises $450M as MetaMask Tops 30M Users
Ethereum application and infrastructure builder ConsenSys has raised $450 million at a $7 billion valuation. A new batch of investors joined the Series D round including rappers 21 Savage and Young Thug. "The Hash" crew dissects this funding round amid the controversy and lawsuits surrounding the firm, and what this raise means for its flagship products MetaMask and Infura.
$450M Raise Values Ethereum Builder ConsenSys at $7B as MetaMask Tops 30M Users
The hefty Series D more than doubles the firm’s previous valuation from November 2021.
Why MetaMask and Infura Blocked Services in 'Certain Areas' Amid Crypto Sanctions
ConsenSys shareholder and former employee Arthur Falls joins “First Mover” to share his side of the story as a group of shareholders for the Ethereum development company are waging a multibillion-dollar lawsuit claiming they were jilted on a deal between two ConsenSys entities that transferred control over popular wallet MetaMask and infrastructure provider Infura. Falls speaks on why shareholders believe the board breached fiduciary management duties. Plus, Falls shares his opinions on MetaMask accidentally blocking access to users in Venezuela while trying to comply with crypto sanctions amid the Russia-Ukraine conflict.
Crypto Industry’s Sanctions Woes on Full Display in MetaMask’s Venezuela Hiccup
MetaMask and Infura raised Crypto Twitter’s ire after accidentally blocking some users from its service to comply with new U.S. sanctions.
ConsenSys AG Shareholders File for Independent Audit of MetaMask, Infura Transaction
Shareholders are claiming they were jilted in an asset transfer that involved JPMorgan.
ConsenSys Acquires Ethereum Wallet MyCrypto, Plans to Merge It With MetaMask
Ethereum ecosystem titan ConsenSys said Tuesday it acquired Ethereum wallet MyCrypto, for undisclosed terms. MyCrypto will eventually merge with ConsenSys’ hugely popular MetaMask wallet. "The Hash" hosts discuss the implications for Metamask's acquisition in the latest move bringing the hot wallet service to more platforms and deepening its integrations.
ConsenSys Acquires Ethereum Wallet MyCrypto, Plans to Merge It With MetaMask
The acquisition will eventually bring MetaMask to more platforms and deepen its integrations.
Solana Wallet Phantom Raises $109M to Rival MetaMask
Phantom, the company building Solana’s top crypto wallet, is now worth $1.2 billion following a $109 million Series B raise led by crypto venture firm Paradigm. This comes as Phantom debuted its iOS app Monday, all part of a move to compete with Metamask, the popular wallet owned by ConsenSys. "The Hash" panel discusses what this means for Solana-based decentralized finance.
Former ConsenSys AG Investment Head Accuses Firm of Mistreatment in Lawsuit
Kavita Gupta said in an expanded version of a Dec. 31 complaint that ConsenSys AG had created a “toxic” work environment and demanded $30 million in monetary damages.
ConsenSys AG Sues Former Investment Head, Alleging Resume Fraud
The complaint comes two weeks after Kavita Gupta's lawyer filed a complaint against the Ethereum firm asking for at least $30 million in monetary damages.
