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Ethereum Builder Consensys Buys Wallet Guard to Strengthen MetaMask Security

Consensys, the Ethereum-focused software developer and builder of the popular MetaMask wallet, has bought cryptocurrency security firm Wallet Guard, the companies said on Wednesday. The entire Wallet Guard team will join Consensys within the MetaMask Product Safety Team, according to a press release. The financial terms of the deal were not disclosed. The blockchain-based Web3 world of decentralized applications saw its fair share of funds stolen from users through scams alone last year. Consensys has been active in the acquisition trail, last year buying blockchain microstructure designer SMG and blockchain notifications service HAL.


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