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Metamask Rolls Out Gas Station Feature Aimed at Enhancing Defi Transactions

Metamask Rolls Out Gas Station Feature Aimed at Enhancing Defi TransactionsMetamask, a prominent Web3 wallet, has launched its Gas Station feature, which aims to alleviate users’ challenges with transaction fees on the Ethereum mainnet. Web3 Wallet Metamask Tackles Gas Fee Challenges The new feature, integrated into Metamask’s Smart Transactions with Swaps, provides gas-included transaction quotes. This enhancement addresses a common hurdle for users who run […]

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

Metamask Launches Pilot Program for Metamask Card in the United States

Metamask Launches Pilot Program for Metamask Card in the United StatesThe Metamask card allows crypto holders to make everyday purchases with crypto directly from the Metamask wallet. Metamask Card Launches in the U.S. Metamask, one of the popular crypto wallets has announced the kickoff of its limited pilot program for the Metamask card in the U.S. The Metamask card allows crypto users to spend cryptocurrency […]

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

Gary Gensler is leaving the SEC, but replacement will face scrutiny

Crypto users celebrated as SEC Chair Gensler announced his resignation, but Trump’s nominee will face confirmation hearings in the US Senate.

On Nov. 22, United States Securities and Exchange Commission (SEC) Chair Gery Gensler announced that he will step down from his position on Jan. 20.

He is widely regarded as one of the most “anti-crypto” SEC chairs in history, and crypto users are celebrating his departure on X.

However, the new pick for SEC Chair will face scrutiny in the US Senate, which must confirm any nominee.

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Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

MoonPay boosts self-custodial crypto spending with new solution

MoonPay Balance will support deposits and withdrawals in euros and British pounds, with future plans to expand to the US.

Cryptocurrency infrastructure firm MoonPay is moving to improve self-custodial spending by introducing a new payment solution allowing users to hold and spend fiat balances.

On Nov. 13, MoonPay officially introduced MoonPay Balance, a new payment tool enabling users to store and spend fiat balances on MoonPay and use it as an entry point to interact with decentralized finance (DeFi).

The new solution empowers users to spend balances through MoonPay’s direct integration with non-custodial or self-custodial wallets like MetaMask, Phantom and Bitcoin.com, according to an announcement shared with Cointelegraph.

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Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

dYdX lays off 35% of staff shortly after major Consensys cuts

The decentralized crypto exchange laid off more than a third of its workforce on the same day Ethereum development firm Consensys cut 162 employees. 

dYdX Trading, the firm behind the decentralized crypto exchange, has laid off 35% of its staff, with its newly returned CEO Antonio Juliano hinting at the need for a new company direction.  

“Today, I made the incredibly difficult decision to lay off 35% of the dYdX core team,” said Juliano, who rejoined as CEO of the company on Oct. 10 after stepping away from the role in May.

It comes on the same day that Consensys — the firm behind MetaMask — reduced its workforce by 20% in a bid to become a “more agile organization,” according to CEO Joe Lubin. 

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Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

Blockchain Firm Consensys Lays Out Plea for Clear Crypto Regulations in Open Letter to Next US President

Blockchain Firm Consensys Lays Out Plea for Clear Crypto Regulations in Open Letter to Next US President

Blockchain software firm Consensys is begging for clear crypto regulations in an open letter to the next US President. In the letter, Consensys says regardless of who wins the upcoming presidential election, the path the government is currently taking toward regulating the crypto industry – which includes taking enforcement actions against law-abiding companies – is […]

The post Blockchain Firm Consensys Lays Out Plea for Clear Crypto Regulations in Open Letter to Next US President appeared first on The Daily Hodl.

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

Unstoppable Domains Launches Metamask Snap, Enabling Cross-Chain Name Resolution for 4 Million Users

Unstoppable Domains Launches Metamask Snap, Enabling Cross-Chain Name Resolution for 4 Million UsersUnstoppable Domains has announced the launch of Metamask Snap, an integration that allows for cross-chain name resolution for over 4 million users. This new feature enables users to send and receive cryptocurrency using easily recognizable domain names instead of complex wallet addresses, significantly enhancing the user experience within Metamask. The Unstoppable Domains Snap expands Metamask’s […]

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

MetaMask Launches pilot self-custody debit card with Mastercard

More than one billion individuals remain unbanked or without adequate access to banking services, according to 2022 data from the World Bank.

Popular DeFi wallet MetaMask has partnered with Mastercard and digital payments company Baanx to launch a self-custody debit card pilot program for select users in the United Kingdom and the European Union, with plans to roll out the product in other regions over time.

The card allows users to self-custody their funds until the moment the transaction is processed and the customer's digital assets are converted into fiat for payment at retail outlets, online shopping outlets, and other merchants.

In a statement to Cointelegraph, Lorenzo Santos, senior product manager at Consensys explained that users need to hold their crypto on the Linea network and use Linea to set spending limits on the card.

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Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

Metamask Partners With Mastercard to Launch Crypto-Backed Debit Card in Europe

Metamask Partners With Mastercard to Launch Crypto-Backed Debit Card in EuropeMetamask has teamed up with Mastercard and Baanx to launch a debit card that lets users spend their crypto assets directly from their self-custody wallets. Consensys, the firm behind the project, views this new card as a pivotal step in weaving digital currencies into everyday life. Mastercard and Metamask Team Up to Launch Crypto Debit […]

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin