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SEC Sues Consensys, Claims the Blockchain Tech Company Acted As Unregistered Securities Broker via MetaMask

SEC Sues Consensys, Claims the Blockchain Tech Company Acted As Unregistered Securities Broker via MetaMask

The U.S. Securities and Exchange Commission (SEC) is suing Consensys, claiming that the blockchain tech firm’s MetaMask wallet acted as an unregistered securities broker. According to recent court documents, the SEC says Consensys violated federal laws by failing to register with the regulatory agency as a securities broker. “Since October 2020, Consensys has acted as […]

The post SEC Sues Consensys, Claims the Blockchain Tech Company Acted As Unregistered Securities Broker via MetaMask appeared first on The Daily Hodl.

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Consensys to Challenge SEC in Court: Confident SEC Lacks Authority to Regulate Software Interfaces Like Metamask

Consensys to Challenge SEC in Court: Confident SEC Lacks Authority to Regulate Software Interfaces Like MetamaskConsensys Software has issued a statement addressing U.S. Securities and Exchange Commission (SEC) charges accusing the company of unregistered securities offerings through Metamask staking and swaps. Consensys contends the SEC’s actions are regulatory overreach and vows to defend its position in court, emphasizing the broader implications for the web3 ecosystem. Consensys Challenges SEC Charges On […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Former Microsoft Engineer Predicts a Gradual Shift in Blockchain Development Focus Toward Vertical Scaling

Former Microsoft Engineer Predicts a Gradual Shift in Blockchain Development Focus Toward Vertical ScalingWhile wrapped digital assets have enabled the bridging of assets and expanded their utility, their perceived need for custodianship reintroduces centralization risks and trust dependencies. This contradicts the decentralized ethos of blockchain technology, according to Chris Li, founder and CTO of Ava Protocol. Attaining Utility While Preserving the Core Principles of Decentralization Li told Bitcoin.com […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Ethereum (ETH) price fails to rally in the face of good news — Here is why

Ether’s failure to respond to good news could be rooted in investors’ perception that macroeconomic conditions are worsening.

Ether (ETH) has been under pressure since June 7, when it lost the $3,800 support level. Despite a series of positive developments, its price remained below $3,600 on June 19, showing no weekly change.

Some analysts believe that the primary reason for the bearish momentum is a lack of institutional demand for cryptocurrencies. Others attribute it to regulatory uncertainty within the Ethereum ecosystem.

Noelle Acheson, author of the ‘Crypto is Macro Now’ newsletter, expressed surprise at Ether’s lack of positive momentum following Consensys's victory over the regulator. She also questions whether other regulatory issues related to staking could be deterring investor interest.

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SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Metamask Updates Privacy Policy, Explains When It May Process Users’ IP Addresses

Metamask Updates Privacy Policy, Explains When It May Process Users’ IP AddressesMetamask, the popular Ethereum wallet, has updated its privacy policy. The update provides users with greater transparency and control over their personal data, specifically concerning IP address processing. According to the new policy, Metamask may temporarily process a user’s IP address only when required for certain services, depending on the user’s Metamask settings. This is […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Metamask Aims to Add Bitcoin Support: A New Chapter for the Popular Ethereum Wallet

Metamask Aims to Add Bitcoin Support: A New Chapter for the Popular Ethereum WalletMetamask, the popular ethereum wallet, is reportedly planning to add support for bitcoin (BTC) in the next month or so, according to sources cited by Coindesk. While details are scarce, the integration could initially begin with basic features and expand over time. This move would significantly expand Metamask’s reach beyond the Ethereum ecosystem, which it […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

MetaMask Parent Company Consensys Urges SEC To Consider Spot Ethereum ETF Approval

MetaMask Parent Company Consensys Urges SEC To Consider Spot Ethereum ETF Approval

The parent company of MetaMask, one of the world’s most popular crypto wallets, is urging the U.S. Securities and Exchange Commission (SEC) to approve spot market Ethereum (ETH) exchange-traded funds (ETFs). In a new letter to the SEC, Consensys asks the regulatory agency to approve spot market ETH ETFs as Ethereum’s proof-of-stake consensus mechanism, which […]

The post MetaMask Parent Company Consensys Urges SEC To Consider Spot Ethereum ETF Approval appeared first on The Daily Hodl.

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Crypto Wallet MetaMask Announces Massive 55% Growth in Users Between September and January

Crypto Wallet MetaMask Announces Massive 55% Growth in Users Between September and January

Popular crypto wallet MetaMask is seeing a surge in active users. In a statement, MetaMask developer Consensys says that the wallet’s monthly active users (MAU) grew from 19 million to over 30 million between September 2023 and January 2024, representing an increase of over 55%. The current number of monthly active users nearly matches Metamask’s historical […]

The post Crypto Wallet MetaMask Announces Massive 55% Growth in Users Between September and January appeared first on The Daily Hodl.

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe