Former ConsenSys employees file for audit claiming 'serious irregularities'
“Joseph Lubin is the majority shareholder of both companies. The transaction was to the detriment of the minority shareholders of CAG and to the benefit of Joseph Lubin personally,” the group alleged. 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 occurred at the company during 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....
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The Ethereum-centric and decentralized protocols software firm Consensys has announced the launch of TURN token, or “Time-Unit Representative NFTs.” Consensys details that TURN tokens will create a new market for tokenized security auditing via Consensys Diligence, the firm’s smart contract audit service. Consensys Diligence to Launch TURN Tokens in Mid-August From August 15th to the 19th, Consensys disclosed a token sale will take place that will feature the company’s TURN token, which stands for “Time-Unit Representative NFTs.” The....
Bitcoin-Trader.biz has disappeared overnight with the only communication being a letter sent out to all of their victims claiming that a hacker stole all of their funds and that they offered to comply with the hacker's ransom notice. Bitcoin-Trader closed all of their social media accounts as well as their website almost overnight, while ducking under the cover of playing the victim of a hacker and claiming to file for bankruptcy. The letter sent to all former account holders reads like an emotionless story of cop-outs to the effect of, "We got hacked, and we'll file for bankruptcy. Ciao!"....
Security auditing is set to be tokenized by ConsenSys Diligence as TURN tokens are unveiled — creating an open market for the in-demand service. ConsenSys is set to tokenize smart contract and security auditing services through the upcoming auction of eight “timeboxed” TURN tokens.The Ethereum-focused blockchain software company has developed the offering through its smart contract audit service ConsenSys Diligence. TURN, short for Time-Unit Representative NFTs, will create an open marketplace for security auditing services which are in high demand in the burgeoning blockchain and....
ConsenSys announced yesterday it had collaborated with Microsoft to implement its tools for building Ethereum-based decentralized applications (dapps) directly into the software giant's Visual Studio programming platform, a service that boasts more than 3 million registered users. During a tour of ConsenSys' Brooklyn, New York-based headquarters earlier this month CoinDesk was given a behind-the-scenes look at where the company's 30 New York City employees are helping mount a global push into both the financial and digital sectors with their distributed ledger technology. Outside, the....