# Former ConsenSys employees file for audit claiming ‘serious irregularities’

# Former ConsenSys employees file for audit claiming ‘serious irregularities’

“# Former ConsenSys employees file for audit claiming ‘serious irregularities’ ” 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…

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# Trezor removes controversial address verification protocol, other wallets follow suit

# Trezor removes controversial address verification protocol, other wallets follow suit

“# Trezor removes controversial address verification protocol, other wallets follow suit ” Since 2019, Swiss financial crypto intermediaries have required proof of ownership of an external wallet’s address for Bitcoin withdrawals and deposits to their customers’ non-custodial wallets. One automated mechanism used for this is the Address Ownership Proof Protocol, or AOPP.   The Trezor…

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# Swiss central bank tests wholesale CBDC with commercial partners

# Swiss central bank tests wholesale CBDC with commercial partners

“# Swiss central bank tests wholesale CBDC with commercial partners ” Switzerland took another step to clarify the roadmap for integrating central bank digital currencies (CBDC) into the current financial system.  The Swiss National Bank (SNB), the country’s central bank, completed the second phase of Project Helvetia with its partners by integrating wholesale CBDC into the…

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# Seba Bank raises 9M in Series C funding

# Seba Bank raises $119M in Series C funding

“# Seba Bank raises $119M in Series C funding ” Seba Bank, a Swiss-based digital assets banking platform regulated by the Swiss Financial Market Supervisory Authority, announced on Wednesday that it had completed a successful Series C funding round of 110 million Swiss franc, or $119 million U.S. dollars. Notable investors in the round included cryptocurrency…

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