ConsenSys releases ‘fuzzing’ tool to test smart contract vulnerabilities

    Diligence Fuzzing lets developers introduce random and invalid data points to find security flaws. Blockchain technology firm ConsenSys publicly released its “Diligence Fuzzing” tool for smart contract testing, according to an Aug. 1 announcement. The new tool produces “random and invalid data points” to find vulnerabilities in contracts before they are launched. Over $2.8 billion…

    ConsenSys launches Linea zkEVM to further scale Ethereum

    ConsenSys rolls scaling network Linea, which delivered faster throughput and 15 times lower transaction costs than Ethereum’s layer 1. The Ethereum ecosystem welcomes another layer-2 scaling solution as ConsenSys begins onboarding partners to its Linea network, which has produced significant scaling milestones in testing. Linea is an Ethereum layer-2 scaling network that allows developers to build or migrate decentralized…

    Scam alert: MetaMask warns users of deceptive March 31 airdrop rumors

    MetaMask posted a warning on its Twitter after coming across rumors of an upcoming MetaMask snapshot or airdrop on social media. Web3 wallet provider MetaMask has warned its users of “false rumors” of a purported MetaMask airdrop, which appears to have been making the rounds on social media. According to a March 28 tweet from…

    ConsenSys slashes headcount 11% as chief economist reveals formula for adoption

    ConsenSys CEO Joseph Lubin confirmed the company would be cutting 96 of its staff to focus its resources on its core businesses. ConsenSys, the parent company behind MetaMask, is letting go of 11% of its workforce, with CEO Joseph Lubin blaming “uncertain market conditions” brought on by recent collapses. In a blog post from ConsenSys…

    MetaMask builder ConsenSys raises $450 million at a $7 billion valuation

    Ethereum software company ConsenSys, which created MetaMask, and Infura, raised an additional $450 million, doubling its valuation in four months. ConsenSys Software Inc will use its new funding to bring in more people from traditional finance. Ethereum software company ConsenSys announced on March 15 that it has raised a $450 million Series D round led…