Key Highlights: Major cryptocurrency wallets Phantom and MetaMask have generated tens of millions of dollars by integrating Hyperliquid’s trading infrastructure. According to findings from a Castle Labs report, Phantom has generated more than $25 million in revenue via Hyperliquid’s Builder Codes system. MetaMask has secured upwards of $10.5 million using the same integration, highlighting the ...
Key Highlights: Castle Labs reports that roughly 95% of fees generated across HyperCore trading, Builder Codes, and HIP-3 markets fund $HYPE repurchases, while integrations have driven over $25 million in revenue to Phantom and over $10.5 million to MetaMask. Despite solid fee distribution mechanics, $HYPE fell to $84.41 on October 10—down roughly 13% from its ...
Key Highlights: Demand to enter Ethereum staking has cooled, with roughly 1.5 million ETH ($4 billion) in the entry queue and an estimated 25-day wait, down from peak levels in early September. A significant portion of recent validator exit activity was driven by MetaMask taking validators offline following a September 30 security incident, though investigations ...
Self-Custody Wallets Mature: Traders Weigh Architecture Trade-Offs for Bitcoin, Ethereum, and Altcoins The self-custody wallet market has evolved beyond a single selling point. Traders holding Bitcoin ($BTC), Ethereum ($ETH), Solana ($SOL), XRP, stablecoins such as USDT and USDC, and other digital assets now face a nuanced decision: which wallet architecture best aligns with their security, ...
Consensys and MetaMask Separation: What the Split Means for Ethereum and ETH Holders Consensys announced on September 9 that it will operate MetaMask as a separate entity from its Ethereum infrastructure business. The restructuring gives the consumer wallet and the protocol builder distinct management teams and investment priorities. For ether holders, the separation raises a ...
Consensys has announced a strategic separation into two independent companies, marking the end of a single-company structure that has persisted for over a decade. The reorganization will create MetaMask, focused on consumer self-custodial finance, and a new Consensys entity dedicated to Ethereum protocols and institutional infrastructure. The split is expected to close by the end ...
Ethereum development firm Consensys announced plans to split into two independently operated companies, separating its MetaMask wallet business from the Ethereum protocols and institutional blockchain infrastructure it has built over the past decade. New Corporate Structure The existing company, Consensys Software Inc., will rebrand as MetaMask under Ethereum co-founder Joe Lubin as chairman and CEO. ...
Consensys Software Inc. announced Wednesday that it is separating into two distinct companies, marking the first structural divide between Ethereum’s most widely used wallet and one of its largest protocol development shops since co-founder Joe Lubin founded the firm in 2014. MetaMask and Consensys: Who Runs What The existing corporate entity will rebrand as MetaMask, ...