“MetaMask is unique among wallets in providing not only strong default security features, but also security-enhancing plugins through our Snaps extensibility platform,” said Patrick Berarducci, MetaMask and Infura lead at Consensys, in a statement. Source
The CoinDesk 20 index drops 4.2%, with XRP and LTC leading and no assets managing to trade higher. Source
Obol Labs says the collective includes more than 50 staking protocols, client teams, software tools, education and community projects, professional node operators, home operators and stakers. Early participants in the collective include EigenLayer, Lido, Figment, Bitcoin Suisse, Nethermind, Blockdaemon, Chorus One, DappNode and ETH Stakers. Source
“Pixelverse isn’t just about creating a game; we’re building a retail-friendly brand that captures audience attention and onboards millions to our product lines,” Kori Leon, chief operating officer of PixelVerse, told CoinDesk in a Telegram message. “The MEW partnership is possible as Pixelverse aims to integrate other IPs into their Pixel Universe.” Source
The median deal size rose slightly to $3.2 million, but “median pre-money valuation surged dramatically to near all-time highs” of $37 million, the note observed, suggesting that the resurgence of the cryptocurrency market in recent quarters is leading to “significant competition and fear of missing out (FOMO) among investors.” Source
“It is something for the market to worry about in the short term,” David Brickell, head of international distribution at Toronto-based crypto platform FRNT Financial, told CoinDesk. “There might be some funding stress hangover post the [second] quarter-end. Yet, It’s reminiscent of the repo funding rate blow-up we experienced in 2019, We’re starting to see the strains of excessive government debt and Treasury bill issuance.” Source
The party’s manifesto “referenced a kind of pro-competition environment,” said Laura Navaratnam, U.K. policy lead at the Crypto Council for Innovation, an industry group. “It talked about the role of regulators, but all in a broader context. So still, nothing on crypto. But on the plus side, they haven’t said anything negative either.” Source
Token is down 70% on-week, or 82% on-month as the world wonders if Biden will end his campaign. Source
Deal activity is also on the rise, with the announced transaction value in the second quarter hitting a record high of $2.7 billion, exceeding the combined value of the previous eight quarters, the report noted. Architect said confidence and momentum in markets are back, with the crypto winter in the past, and “professionalism, risk management, ethical behavior, and ‘doing it right’ are finally becoming the foundational principles of crypto.” Source
Usually, investors expect higher uncertainty or volatility in the distant future compared to the near term, ensuring longer duration skews return a higher value than shorter ones. That’s the case in the ether market, where the 7-day skew remains below the 30-day skew, exhibiting a relatively measured bullish bias. Source