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🌐Do you know, how #MetaMask is used to interact with the #Ethereum blockchain?

🔸Since its launch, users are swapping between $11 mn to $15 mn worth of ETH tokens on its wallet each day.

🔸In just 1 year, MetaMask has increased in MAUs by 189%, from 10.35 mn in Aug 2021 to 30 mn in Aug 2022.

🔸Metamask is a subsidiary of #ConsenSys, an Ethereum software company, and was founded by Aaron Davis & Daniel Finlay in 2016.

🔸Some of its offerings include a wallet, Snaps systems, Custody solutions, Defi, and Web 3 dashboards.

🔸In 2021, Metamask integrated with BitGo, Qredo, and Cactus Custody to bring Defi to the US, EMEA, and APAC regions.

🔸With the #partnerships including Hex Trust, Parfin, Gnosis Safe, and GK8, the wallet is streamlining the DAO experience and even looking to engage in Defi activities.

🔗Read More: https://www.linkedin.com/feed/update/urn:li:activity:6971782780166844416
🌐 Who is Aaron Davis?

🔹 Everyone is familiar with #MetaMask. But do you know the minds behind it?

🔹 Take a look at Aaron Davis from a waiter to a billionaire, Founder, and Dev.

🔹 He is a Japanese and Chinese scholar, and the Co-Founder of Metamask.

🔹 Initially, he was also a camp counselor, lifeguard, and interpreter.

🔹 The year 2013, was the turning point for Aaron as his path crossed with Dan Finlay.

🔹 In 2016, he launched metamask which now has 30 mn users globally.

🔹 Aaron also unveiled us to #LavaMoat for nodes and the browser.

🔹 He is a travel enthusiast who consistently lived around Japan, China, Bali, and Hawaii.

🔗Read More: https://www.linkedin.com/feed/update/urn:li:activity:6986302846673596416
#MetaMask takes the crown as the reigning champ, with a whopping 22.66 million installations and counting! 🏆 But that's not all!

Coinbase Wallet, Trust Wallet, and
Blockchain.com Wallet are right on its tail, each boasting over 10 million users!

Fun fact: Did you know that 5 out of the top 10 hot wallets are backed or owned by major centralized exchanges (CEXs), Coinbase Wallet and
Crypto.com DeFi Wallet are straight from the exchanges themselves, and Trust Wallet got a ticket to the top after being acquired by Binance in 2018!

Your crypto journey awaits with these power-packed hot wallets! Get ready to experience convenience and security like never before!

#CryptoHotWallets #MetaMask #CoinbaseWallet #TrustWallet #Blockchain
Mark Cuban, billionaire investor and Dallas Mavericks owner, lost $870,000 in a crypto #hack. The hack likely resulted from downloading a corrupted #MetaMask wallet.

This incident highlights the
#crypto sector's risks and emphasizes caution for both individuals and corporations.

🔥Click Below to Know More🔥
https://coinpedia.org/news/mark-cuban-loses-870k-in-metamask-scam-but-manages-to-save-remaining-assets/
Top #CryptoNews of This Week

1️⃣ In July, U.S.
#CPI rose 0.2%, jobless claims dropped, retail sales increased 1%.boosting rate cut expectations

2️⃣
#Ethereum network gas fees hit a five-year low on Aug10., dropping below 2 gwei

3️⃣ 🇯🇵 BOJ's Sakurai stated no more rate hikes expected for this year

4️⃣ Goldman Sachs and Morgan Stanley acquired $600M+ in Bitcoin ETFs in Q2

5️⃣ 🇳🇴 Norway’s sovereign wealth fund increased BTC holdings to 2,446 BTC

6️⃣ SEC sent letters to VCs about Uniswap Labs’ unregistered exchange status

7️⃣ 🇺🇸 Marathon Digital started marking Bitcoin blocks as “Made in USA”

8️⃣
#MetaMask partnered with Mastercard to launch a blockchain-based debit card

9️⃣Venezuelan government blocked access to
#Binance,Twitter, and other services

🔟
#VitalikButerin donated all “animal coins” received last year to charity

1️⃣1️⃣Binance resumed operations in India as a registered crypto exchange after a 7-month ban

1️⃣2️⃣Dubai court acknowledged
#cryptocurrency as a valid form of salary payment
Top #CryptoNews in the Last 24 Hours

1️⃣
#MicroStrategy raised $3 billion to acquire more $BTC.

2️⃣
#GaryGensler announced his plans to step down on January 20, 2025.

3️⃣
#FTX creditors could receive initial payouts by March 2025.

4️⃣
#Bitwise filed for a Spot #SolanaETF, joining VanEck and Canary Capital in seeking #SEC approval.

5️⃣
#MARA raised $1 billion to increase its #Bitcoin holdings.

6️⃣ The incoming CEO of Charles Schwab ($7.13 trillion) confessed, 'I feel silly for not buying
#Crypto'.

7️⃣
#DonaldTrump's crypto advisory council, set to take office, plans a strategic #BTC reserve.

8️⃣
#BitcoinETFs surpassed $100 billion in assets.

9️⃣
#MetaMask revealed users could swap tokens without needing $ETH for gas fees.

🔟
#Trump Media trademarked '#TRUTHFI' to launch digital wallets, payments, and crypto services.
#MetaMask to Add Support for #Bitcoin and #Solana, Plans to Eliminate Gas Fees

MetaMask, the popular #crypto self-custodial wallet, will expand its support beyond #Ethereum Virtual Machine chains this year.

Source:
https://metamask.io/news/metamask-roadmap-2025
Top #CryptoNews This week

1️⃣ Hackers laundered
#Bybit funds via #THORChain, Pluto announced departure amid money laundering

2️⃣
#Vitalik considered migrating Ethereum to Poseidon hash for better zk-prover compatibility

3️⃣
#Babylon Foundation opened airdrop registration for stakers and GitHub contributors

4️⃣
#Arbitrum DAO proposal to invest 7,500 ETH sparked community debate over non-native projects

5️⃣
#Base introduced Flashblocks, Appchains, and Smart Wallet Sub Accounts to enhance user experience

6️⃣ Starknet launched its first appchain, Nums, utilizing SN Stack technology for blockchain development

7️⃣ Berachain Foundation launched Phase One of governance, allowing liquidity incentive proposal submissions

8️⃣ Infini suffered a
#hack, losing $49.5 million due to private key leakage and excessive permissions

9️⃣
#MetaMask unveiled a new roadmap focusing on smart contract accounts and batch transactions

🔟 Binance launched MyShell (SHELL) on HODLer airdrop page, offering trading pairs and airdrop
#Ethereum's Burn Rate Surge

➡️ In the past month,
$ETH burned $7.27M worth of ETH, led by top contributors like #ETH Transfers ($503K), #Tether ($434K), and #MetaMask ($113K).

➡️ The top 10 alone were responsible for over $2.4M (33.12%) of the total burn.

#CoinPedia #CryptoNews #Blockchain #CryptoMarket
Top #CryptoNews in the Last 24 Hours

1️⃣
#GalaxyDigital planned to list on #Nasdaq on May 16, pending shareholder approval on May 9.

2️⃣
#CanaryCapital officially submitted an S-1 filing for a staked $SEI ETF.

3️⃣
#Metaplanet launched a U.S. subsidiary in Florida with $250M, focusing on #Bitcoin treasury operations.

4️⃣ The North Carolina House passed HB 92, allowing the State Treasurer to invest up to 5% of funds in
#cryptocurrency.

5️⃣ Visa and Bridge launched
#stablecoin-backed cards throughout Latin America.

6️⃣ The
#SEC concluded its investigation into #PayPal's stablecoin, $PYUSD.

7️⃣
#SemlerScientific acquired an additional 165 $BTC for $15.7 million.

8️⃣ Roswell, New Mexico launched a
#BTC reserve with a $2,906 BTC donation, to be used once it hits $1 million.

9️⃣
#BlackRock filed to launch a digital share class for its $150B money market fund, with ownership recorded on-chain via #Blockchain.

🔟
$XRP became compatible with #MetaMask through the #XRPLEVM sidechain.