Knowledge (XXG)

Consensys

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alleged irregularities in corporate governance. On June 28, 2024 the US Securities and Exchange Commission announced that they had charged Consensys with engaging in the unregistered offer and sale of securities through MetaMask Staking, and operating as an unregistered broker through MetaMask Staking and MetaMask Swaps. In an attempt to preempt the SEC's suit, on April 25, 2024 Consensys had sued the SEC and its commissioners in the Northern District of Texas asking the court to declare that MetaMask Swaps does not make Consensys a broker-dealer; MetaMask Staking is not an offering of securities; and that Ether (ETH), the native token of the Ethereum blockchain, is not a security.
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Consensys has been involved in multiple controversies and lawsuits. These include a High Court challenge in Ireland against the ruling of the Workplace Relations Commission. Separately, the 2020 sale of MetaMask and other assets from its Swiss parent company to its US entity has been litigated over
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company. In December 2018, Consensys announced a restructuring with projected layoffs of thirteen percent of its 1,200 staff, and in February 2020 announced the layoffs of a further 14% of staff. In August 2020, Consensys acquired banking blockchain platform Quorum from
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Infura is a blockchain node infrastructure service that allows apps and developers to get data from, and broadcast transactions to, the Ethereum blockchain. Infura's network is used as a backend for Ethereum services and applications, including
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The company has started or invested in several different projects that are not considered to be core to their business, have been spun out into more independent entities, or are not wholly owned by Consensys. Some of these include
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also joining as new investors in the company. In June 2023, Consensys launched a brand refresh where they introduced a new company narrative, logo, and an updating of the name to remove the camelcase from ConsenSys to Consensys.
285:, a Consensys-backed company that claims to use cryptocurrency to save journalism sold CVL tokens to the public in an ICO in October 2018. Civil was able to raise $ 1.8 million, less than the $ 8 million soft cap. 425: 509: 908: 371: 913: 466: 747: 721: 626: 575: 898: 195:
Financial terms of the deal were not disclosed. In November 2021, Consensys raised $ 200 million at $ 3.2 billion valuation from
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It was later revealed that Consensys was the largest buyer of CVL tokens, buying 80% of the CVL tokens that went on sale.
254:, but was relicensed in 2020 under a custom proprietary license. It can also be used through a proprietary mobile app. 893: 313: 696: 798: 167: 152: 96: 823:"SEC Charges Consensys Software for Unregistered Offers and Sales of Securities Through Its MetaMask Staking Service" 397: 31: 243: 485: 207:
among others. In March 2022, Consensys raised $ 450 million in a new round led by ParaFi Capital, with
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The Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business, and the World
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a platform used to create, manage, and trade fractional-share ownership in real estate assets, and
183: 376: 903: 426:"Cryptopia In Crisis: Joe Lubin's Ethereum Experiment Is A Mess. How Long Will He Prop It Up?" 350: 251: 748:"Blockchain media startup Civil is issuing full refunds to all buyers of its cryptocurrency" 216: 171: 510:"Ethereum Infrastructure Company ConsenSys Raises $ 200 Million at $ 3.2 Billion Valuation" 187: 531:"Microsoft dives into Web3 with investment in Ethereum co-founder's start-up ConsenSys" 239: 196: 192: 826: 722:"Microsoft Partners With ConsenSys To Use Ethereum To Provide Blockchain-As-A-Service" 887: 773:"ConsenSys bought most of the CVL tokens in Civil Media's disappointing ICO — Quartz" 342: 44: 825:(Press release). Securities and Exchange Commission. June 28, 2024. Archived from 602:"ConsenSys plans to spin out most of its startups, and it's going to mean layoffs" 453:"ConsenSys plans to spin out most of its startups, and it's going to mean layoffs" 247: 55: 170:
founded Consensys in early 2015 as a software foundry to develop decentralized
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built on the Ethereum blockchain. The software was originally MIT-licensed as
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is an Ethereum wallet application which allows users to store and transfer
627:"ConsenSys acquires Infura, the centralizing tech powering Ethereum dapps" 372:"Ethereum, a Virtual Currency, Enables Transactions That Rival Bitcoin's" 259: 235: 200: 179: 68: 17: 514: 657: 228:
Consensys is involved in many different projects and services for
576:"MetaMask's Blockchain Mobile App Opens Doors For Next-Level Web" 535: 204: 876: 274:
a platform for managing digital assets securely on ethereum.
849:"Crypto firm Consensys sues US SEC over Ethereum regulation" 467:"Major blockchain developer ConsenSys announces job losses" 552:"Evolving our License for the Next Wave of MetaMask Users" 486:"ConsenSys acquires JPMorgan's blockchain platform Quorum" 133: 671: 654:"ConsenSys challenges WRC finding in redundancy case" 182:
blockchain. On October 31, 2018, Consensys acquired
128: 118: 102: 92: 74: 61: 51: 262:and many others not associated with Consensys. 242:and tokens, as well as access and interact with 799:"Legal fight over ownership of Web3 heats up" 8: 37: 43: 36: 909:Software companies based in New York City 398:"ConsenSys Acquires Planetary Resources" 305: 151:software technology company founded by 914:American companies established in 2014 797:Scheckinger, Ben (December 19, 2022). 400:. Planetary Resources. 31 October 2018 27:Blockchain software technology company 648: 646: 7: 447: 445: 419: 417: 415: 697:"A Blockchain Building in Bushwick" 25: 625:Perez, Yessi Bello (2019-10-04). 720:Shieber, Jonathan (2015-10-28). 370:Popper, Nathaniel (2016-03-27). 847:Saini, Manya (April 26, 2024). 695:Miller, Stuart (25 May 2018). 550:Dan Finlay (August 20, 2020). 529:Browne, Ryan (15 March 2022). 1: 600:Stephen, Bijan (2018-12-20). 345:; Tapscott, Alex (May 2016). 899:Companies based in Brooklyn 484:Irrera, Anna (2020-08-25). 349:. pp. 87–93, 112–114. 930: 244:decentralized applications 80:; 9 years ago 29: 42: 631:Hard Fork | The Next Web 193:JPMorgan Chase & Co. 30:Not to be confused with 232:uses and applications. 178:that operate on the 894:Blockchain entities 455:. 20 December 2018. 184:Planetary Resources 120:Number of employees 39: 701:The New York Times 473:. 4 February 2020. 377:The New York Times 779:. 17 October 2018 754:. 16 October 2018 252:browser extension 250:on desktops as a 201:Coinbase Ventures 172:software services 142: 141: 78:October 2014 16:(Redirected from 921: 880: 879: 877:Official website 863: 862: 860: 859: 844: 838: 837: 835: 834: 829:on June 29, 2024 819: 813: 812: 810: 809: 794: 788: 787: 785: 784: 769: 763: 762: 760: 759: 744: 738: 737: 735: 734: 717: 711: 710: 708: 707: 692: 686: 685: 683: 682: 668: 662: 661: 650: 641: 640: 638: 637: 622: 616: 615: 613: 612: 597: 591: 590: 588: 587: 572: 566: 565: 563: 562: 547: 541: 540: 526: 520: 519: 506: 500: 499: 497: 496: 481: 475: 474: 463: 457: 456: 449: 440: 439: 437: 436: 421: 410: 409: 407: 405: 394: 388: 387: 385: 384: 367: 361: 360: 339: 333: 332: 330: 329: 320:. 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Retrieved 322:the original 317: 308: 295: 287: 282: 281: 272:Gnosis Safe, 271: 267: 264: 256: 234: 227: 176:applications 168:Joseph Lubin 166: 153:Joseph Lubin 144: 143: 103:Headquarters 97:Joseph Lubin 52:Company type 676:safe.global 283:Civil Media 248:open source 124:500+ (2020) 56:Corporation 888:Categories 858:2024-08-04 833:2024-08-04 808:2023-01-17 783:2018-11-18 758:2019-06-26 752:TechCrunch 733:2016-05-11 727:TechCrunch 706:2018-09-14 681:2023-01-02 636:2020-12-13 611:2020-12-13 586:2020-12-13 561:2024-08-04 495:2020-09-22 435:2018-12-06 404:31 October 383:2016-05-11 328:2018-01-16 314:"About us" 301:References 230:blockchain 157:Fort Worth 149:blockchain 108:Fort Worth 66:Blockchain 606:The Verge 556:Consensys 318:ConsenSys 209:Microsoft 145:Consensys 134:consensys 32:consensus 18:ConsenSys 904:Ethereum 803:Politico 268:Meridio, 260:MetaMask 236:MetaMask 224:Projects 213:SoftBank 180:Ethereum 93:Founders 69:software 62:Industry 853:Reuters 490:Reuters 471:Reuters 217:Temasek 163:History 129:Website 85:2014-10 83: ( 75:Founded 777:qz.com 672:"Safe" 515:Forbes 430:Forbes 353:  215:, and 186:, an 536:CNBC 406:2018 351:ISBN 278:ICOs 205:HSBC 203:and 174:and 658:RTÉ 136:.io 890:: 851:. 801:. 775:. 750:. 724:. 699:. 674:. 656:. 645:^ 629:. 604:. 578:. 554:. 533:. 512:. 488:. 469:. 444:^ 428:. 414:^ 374:. 316:. 211:, 199:, 159:. 111:, 861:. 836:. 811:. 786:. 761:. 736:. 709:. 684:. 639:. 614:. 589:. 564:. 539:. 518:. 498:. 438:. 408:. 386:. 359:. 331:. 87:) 34:. 20:)

Index

ConsenSys
consensus

Corporation
Blockchain
software
Joseph Lubin
Fort Worth
consensys.io
blockchain
Joseph Lubin
Fort Worth
Joseph Lubin
software services
applications
Ethereum
Planetary Resources
asteroid mining
JPMorgan Chase & Co.
Animoca Brands
Coinbase Ventures
HSBC
Microsoft
SoftBank
Temasek
blockchain
MetaMask
cryptocurrencies
decentralized applications
open source

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