Consensys | Crypto

SharpLink Gaming, Inc. (Nasdaq: SBET), one of the world’s largest corporate holders of Ethereum, has announced plans to deploy $200 million in ETH from its corporate treasury onto Linea, the Ethereum Layer-2 network developed by Consensys. The post SharpLink to Deploy $200M in ETH on Consensys’ Linea — Is This the Future of Institutional DeFi and AI-Powered Yields? appeared first on Cryptonews.

MetaMask will be natively integrated the Tron blockchain, connecting users to the Asia-focused network after adding Solana support earlier this year. Update (Aug. 20, 00.30 UTC): This article has been updated to reflect that the Tron network has not yet been integrated with MetaMask and also includes new comments from Angel Gonzalez-Capizzi. The Tron network will be integrated into Consensys’ crypto wallet MetaMask, becoming the third major non-Ethereum-based chain to get support since MetaMask launched in 2016.  On Tuesday, Tron DAO announced the strategic partnership with MetaMask, which will natively integrate the Tron (TRX) blockchain into the Consensys-developed self-custodial crypto wallet. Read more

As Ethereum marks a decade, Consensys touts its security architecture and “trustware” thesis as key to its long-term role in global finance. As Ethereum nears its 10th anniversary, blockchain company Consensys is proposing a new way to think about the network’s role in the global economy: as critical infrastructure for what it calls a “trustware” era. According to Consensys, Ethereum is evolving beyond a smart contract platform into a foundational layer for verifiable, programmable trust in financial systems and beyond. While the concept remains speculative, Consensys points to Ethereum’s growing share of tokenized assets, stablecoins and decentralized finance as early signals of that shift, further predicting that demand for Ether (ETH) could rise sharply in the coming years. Read more

OKX partners with Consensys to integrate its DEX aggregator into MetaMask, giving users access to more than 500 DEXs and new MEV protection via SERVO. OKX has partnered with Ethereum software firm Consensys to launch its decentralized exchange (DEX) aggregator on MetaMask, offering users faster trade execution and reduced slippage. The collaboration integrates OKX’s DEX API with MetaMask, giving the wallet’s user base access to liquidity from over 500 DEXs across 25 blockchains, the exchange said in a news release shared with Cointelegraph. “MetaMask’s ambitious multichain strategy toward becoming a universal wallet for the Web3 ecosystem aligns with the connected blockchain ecosystem we’re helping to build,” said Jeff Ren, founder of OKX Ventures. Read more

ConSensys has acquired Web3Auth, which it says will help it improve the user experience for its popular MetaMask crypto wallet. ConSensys has acquired the crypto wallet infrastructure provider Web3Auth, which it says will bolster the user experience for its popular crypto wallet offering MetaMask. ConSensys said in a June 2 blog post that the acquisition, which it did not share further details on, “will greatly improve MetaMask user experience by addressing one of the biggest risks in self-custody today: seed phrase management.” It claimed that 35% of crypto wallet users are at risk of losing their funds as they do not keep a backup of their seed phrase — a string of up to 24 words that allows full access and control of a wallet. Read more

The increase in Ether’s staking cap from 32 to 2,048 ETH could make the feature more attractive to institutional participants. Ethereum’s Pectra upgrade doesn’t pose a threat to decentralization, according to Mallesh Pai, senior research director at blockchain software firm Consensys, describing the update as a cleanup of the behind-the-scenes “busy work” currently handled by validators. During a May 9 Cointelegraph X Space, Pai said a validator’s chances of proposing a block or earning rewards remain tied to how much ETH they hold, adding that larger validators don’t gain any new advantages under the upgrade: Pectra is Ethereum’s most extensive network upgrade since the Merge took place in September 2022. Pectra allows validators to stake as much as 2,048 ETH, up from the previous limit of 32 ETH. The new standard has raised community concerns about the risks of centralization on the network. Read more