Ethereum development firm Consensys Software Inc. is separating into two independent companies by late 2026. The existing entity will rebrand as MetaMask under Joe Lubin as chairman and CEO, while a new Consensys led by Mike Kriak will house Linea, Besu, and institutional infrastructure businesses.
Ethereum development firm Consensys is separating its consumer-facing MetaMask wallet business from its institutional and infrastructure operations by late 2026, with Joe Lubin serving as chairman and CEO of the MetaMask entity.
Ledger quietly patched a vulnerability in its Ethereum hardware wallet app on August 12 that could have allowed malicious dApps to swap legitimate transactions for harmful ones. The fix came after an AI security firm went public with the issue.
Consensys, the Ethereum infrastructure company behind MetaMask, has postponed its planned U.S. IPO until at least fall 2026 due to weak and volatile market conditions. This adds to a growing list of crypto firms delaying public offerings.
The U.S. SEC issued new guidance indicating that certain user-facing interfaces used in crypto securities trading may not need to register as broker-dealers if they allow users to transact using their own wallets without intermediation.
