The Protocol: The Second Buggy Test for Upcoming Ethereum Upgrade ‘Pectra’ Could Lead to a Delayed Mainnet Hard Fork
Also: Plus: EF gets new leadership; layer-2 BOB and Fireblocks integrate; new MetaMask roadmap.
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MetaMask
Also: Plus: EF gets new leadership; layer-2 BOB and Fireblocks integrate; new MetaMask roadmap.
The SEC accused the company’s wallet tool of being an unregistered securities broker.
The U.S. Securities and Exchange Commission sued Ethereum software provider Consensys over its MetaMask service Friday, alleging the wallet tool was an unregistered broker that “engaged in the offer and sale of securities” and that its staking service violated federal securities laws.
The new feature aims to expand the accessibility of staking, which previously required an investment north of $100,000. But the project is still missing features offered by other staking platforms.
It’s the first step on a more ambitious roadmap to transform how Ethereum’s biggest wallet works under the hood.
ConsenSys founder Joseph Lubin is also a co-founder of Ethereum. (CoinDesk)
The digital bank continues to expand its crypto offerings with its new product “Revolut Ramp,” which aims to make it easier for customers to purchase cryptocurrencies.
On-ramps like the one used in this partnership are a key piece of infrastructure serving as a bridge between traditional banking rails and blockchain-based crypto economy.
MetaMask is quietly testing new tech that uses third parties to route user transactions. It will eventually be made available outside of MetaMask and will be closely scrutinized for how it manages to avoid centralization concerns.