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“# MetaMask pushes institutional offering with BitGo integration ” Decentralized finance (DeFi) wallet and browser extension MetaMask has partnered with three crypto-focused custodians as part of a broader effort to attract more institutional capital to the digital asset market. On Tuesday, the company announced new partnerships with BitGo, Qredo and Cactus Custody centered around MetaMask…
“# MetaMask surpasses 10M monthly active users as DeFi continues to surge ” Ethereum wallet and browser extension MetaMask achieved another major milestone in August, as its monthly active userbase topped 10 million for the first time, further highlighting the growing demand for DeFi assets. MetaMask credited a confluence of factors for its exponential growth,…
“# DeFi attracts 2.91M Ethereum addresses, according to ConsenSys ” By the end of June 2021, 2.91 million unique Ethereum addresses had interacted with at least one DeFi protocol, representing 65% growth from the previous quarter. “As community driven education, simple user interfaces, appealing yields, and general awareness around DeFi best practices increased throughout the…
“# NFTs are next for enterprise Ethereum, says ConsenSys founder Joe Lubin ” Nonfungible tokens, or NFTs, are known by the mainstream as digital assets that represent real-world objects such as art, music and fashion, among others. Yet, while most of the world may be enamored by the high selling prices of NFTs launched by…
“# BlockCrushr drops lawsuit accusing ConsenSys of stealing its IP ” Canadian blockchain startup BlockCrushr has agreed to drop an intellectual property (IP) lawsuit against early backer, Ethereum-focused software engineering firm, ConsenSys. The two firms filed a joint agreement to dismiss the case on July 27, with the deal’s terms prohibiting BlockCrushr from attempting to…
“# Bank of Korea selects Kakao’s blockchain arm for digital won tests ” The central bank of South Korea has chosen a blockchain subsidiary of local internet giant Kakao as a technology provider for its digital currency pilots. Kakao’s Ground X had won the Bank of Korea’s central bank digital currency (CBDC) tender, becoming the…
“# The Chinese University of Hong Kong and ConsenSys create COVID-19 digital passport ” The Chinese University of Hong Kong, or CUHK, has partnered with Ethereum developer ConsenSys to launch a new blockchain-based Medoxie COVID-19 Digital Health Passport – a product that could help healthcare workers combat the pandemic. The passport utilizes blockchain technology to…
“# ConsenSys throws its weight behind Uniswap DeFi lobbying proposal ” Ethereum solutions provider ConsenSys has pledged support for a Uniswap governance proposal to set aside tokens for a new decentralized finance (DeFi) fund for political lobbying. The proposal was made on May 27 by the Harvard Law School Blockchain and FinTech Initiative for the…
“# As Microsoft Azure closes shop, ConsenSys Quorum opens up to new users ” Just as the cryptocurrency sector is constantly changing and evolving, the enterprise blockchain industry has been undergoing its fair share of developments lately. Most recently, enterprise blockchain solutions are shifting from private, closed networks to public, open systems. This has largely…
“# Microsoft quietly closing down Azure blockchain in September ” Microsoft is turning off its corporate Azure Blockchain Service on September 10 and will not accept any new deployments effective immediately, with no official explanation provided. Large corporate customers who use Azure Blockchain include J.P. Morgan, GE Aviation, Singapore Airlines, Starbucks, and Xbox according to…