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Legal fight emerges between ConsenSys AG, former venture partner over fund proceeds

A legal fight has emerged between the Ethereum-focused company ConsenSys AG and a former venture executive. The spat, first detailed by Business Insider on Thursday, broke into the open with a December 31 filing from Kavita Gupta, formerly founding managing partner for ConsenSys’s venture fund. In that filing, Gupta alleged that ConsenSys owes her a portion of the money generated by that fund, stating that the fund’s value has grown to more than $300 million since inception. Per Business Insider, …

Visa and ConsenSys team up on CBDC tech

Quick Take Visa and ConsenSys have been consulting with central banks around the world on new tech for central bank digital currencies.  The pair are now looking into pilot cases to test usability. Visa has teamed up with blockchain tech provider ConsenSys in order to develop new infrastructure that will support the rollout of central bank digital currencies (CBDCs). Catharine Gu, head of CBDC at Visa, told The Block that the pair has been consulting with central banks around the world …