• ConsenSys acquired Hal, a no-code blockchain development tooling platform.
• The acquisition will allow ConsenSys’ Web3 API provider Infura to integrate Hal’s configurable webhooks or notification service into its developer stack.
• In February 2022, ConsenSys acquired Ethereum wallet interface provider MyCrypto to improve the security of MetaMask and its user experience.

ConsenSys Acquires Hal

ConsenSys, a blockchain technology services provider, has acquired Hal, a no-code blockchain development tooling platform. This acquisition will enable developers to create alerts and notifications at the protocol level for various signals within Web3.

Infura Seamless End-to-End Experience

The move will also allow ConsenSys’ Web3 API provider Infura to integrate Hal’s configurable webhooks or notification service in its developer stack. Infura co-founder Eleazar Galano noted that enabling developers a seamless end-to-end experience is a key goal and one of the most important trends is low code / no code solutions.

Acquisition of MyCrypto

In February 2022, ConsenSys also acquired Ethereum wallet interface provider MyCrypto in order to improve the security of MetaMask and its user experience. The two teams have been friends and Ethereum colleagues with shared values since 2016, and together they hope to continue building increasingly user-centric, extensible, and decentralized products.

Objectives of Acquisition

This acquisition has two main objectives: firstly, it will enable developers to create alerts and notifications at the protocol level for various signals within Web3; secondly it will improve the security of MetaMask and its user experience by integrating MyCrypto’s Ethereum wallet interface into it.

Conclusion

To conclude, these acquisitions are part of ConsenSys’ larger strategy towards improving their services for developers by providing more efficient tools for creating alerts & notifications as well as enhancing security measures on their products like MetaMask.