Tag: ConsenSys

Former ConsenSys employees file for audit claiming ‘serious irregularities’

[ad_1] A group claiming to represent 35 former ConsenSys AG (CAG) employees has requested an audit under the Swiss Code of Obligations to investigate “serious irregularities” they allege that occurred in mid-2020. CAG, also known as Mesh, is the company behind top Ethereum-based wallet provider MetaMask and was founded by Joseph Lubin, who is also the co-founder of Ethereum. According to a press release, the group of employees who claim to represent around 50% of all known shareholders submitted the request to a Swiss Court on March 1. The group…

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As Microsoft Azure closes shop, ConsenSys Quorum opens up to new users

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[ad_1] Just as the cryptocurrency sector is constantly changing and evolving, the enterprise blockchain industry has been undergoing its fair share of developments lately. Most recently, enterprise blockchain solutions are shifting from private, closed networks to public, open systems. This has largely been made possible due to advances from the Ethereum network, which are ensuring better privacy, scalability, throughput and more for enterprise clients. A new industry analysis report demonstrates this shift, noting that the global blockchain technology market size is expected to reach $72 billion by 2026, rising at…

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