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MetaMask is the world's popular unmanaged digital wallet and Web3 gateway.
Crypto companies pause IPO plans amid declining trading volumes and AI-driven reshaping of the tech market
: Due to weak trading volumes and macro pressures weighing on valuations, crypto companies are pausing their long-awaited IPO plans. Hardware wallet manufacturer Ledger and MetaMask developer ConsenSys are among the companies that have delayed their IPOs. Ledger had previously planned to list on the New York Stock Exchange with a valuation of $4 billion.Sean Farrell, Head of Digital Asset Strategy at Fundstrat, stated that crypto trading volumes have fallen by approximately 75% year-to-date, putting pressure on the valuations of publicly listed crypto companies. In contrast, demand for IPOs from tech companies related to AI remains strong.Additionally, Bitcoin miners pivoting to AI infrastructure have become one of the better-performing segments in the crypto market. Sean Farrell also pointed out that Hyperliquid is one of the standout crypto ecosystems in 2026, generating approximately $850 million in revenue over the past 12 months. Its recent partnership with Coinbase has made USDC the canonical stablecoin on the platform. (coindesk)
Consensys: Delays IPO Plans to Earliest This Fall Amid Market Conditions
according to sources familiar with the matter, MetaMask developer Consensys has postponed its U.S. IPO plans to earliest this fall. The company originally planned to submit a draft S-1 filing with the SEC by the end of February, but market demand weakened due to the market downturn in February, macroeconomic uncertainty, and Bitcoin ETF outflows. Besides Consensys, Kraken and Ledger have also paused their IPO plans.Consensys completed a $450 million funding round in 2022 at a valuation of $7 billion. Additionally, BitGo, which was the first crypto company to go public in 2026, raised $213 million but has since seen its stock price drop 36% from its $18 offering price, reflecting the public market's cautious approach toward valuing crypto infrastructure companies.
MetaMask team infiltrated by North Korean hacker aftermath: hacker's identity was publicly exposed as early as September 2025, yet still bypassed background checks to enter MetaMask through outsourcing in March this year
that, according to DeFi researcher @Zun2025 posted on X platform, "MetaMask hired a DPRK-linked hacker as a developer without even conducting a proper background check that could have revealed his identity.The hacker's GitHub username is imyugioh, and he has been publicly listed on the Lazarus Group website since September 2025, yet MetaMask still hired this individual in March 2026. Source: lazarus.group/team/mauro-liu. Imagine that one of the largest wallets granted core code repository access to someone already on a publicly known list of DPRK hackers. Now think about what might happen to those small protocols with absolutely no security teams."Earlier reports stated that a North Korean hacker, Tyler Knapp, infiltrated the MetaMask team. He entered MetaMask through a long-term cooperating human resources supplier via an outsourcing arrangement, bypassing the background checks of the company's direct recruitment process. He worked at the company for a month and participated in the development of the wallet's fiat on/off ramp functionality. During this period, his IP address and behavioral anomalies were detected by the company's security monitoring. The company immediately revoked all his access permissions and suspended the release of all products he had worked on. No substantial data or financial losses have been caused so far.
MetaMask Launches AI Agent Self-Custody Wallet "Agent Wallet", Supporting Multi-Chain Automated Trading
MetaMask has officially launched Agent Wallet, a self-custody wallet designed for AI agents. It enables automated trading, perpetual contracts, and liquidity provision on Ethereum, multiple EVM-compatible chains, and the Hyperliquid network. The product is equipped with multiple security mechanisms, including transaction simulation, spending limits, and address whitelisting. It integrates with Blockaid's risk scanning, requiring user secondary confirmation for high-risk transactions. The platform also introduces a transaction guarantee service, offering up to $10,000 in compensation for compliant and secure transactions. Currently, the product is only being tested by a small group of users via the command line, with plans for a full public release this summer. (The Block)
Robinhood, MetaMask, and other institutions jointly launched the On-Chain Trading Coordination Protocol (OTL).
According to PR Newswire, the Open Transaction Layer (OTL) officially launched on May 28 as an open industry initiative aimed at establishing a unified transaction coordination standard for on-chain finance. OTL defines shared protocols among institutions, non-custodial wallets, and AI agents for identity verification, messaging, and transaction coordination—covering the entire transaction lifecycle, including discovery, compliance, and settlement. The founding alliance comprises over 25 members, including leading financial institutions, payment service providers, and blockchain foundations such as Fireblocks, Checkout.com, Cross River Bank, MetaMask, Robinhood, Securitize, Wintermute, Solana Foundation, and Polygon. OTL’s technical specifications are built upon mature standards including W3C Decentralized Identifiers (DIDs) and ISO 20022, and adopt a modular five-layer architecture covering Identity, Session, Transport, Messaging, and Application layers. The specifications have been published under an open-source license at otl.network, and the alliance is also open to additional institutional participation.
Robinhood, MetaMask, and Others Join the OTL Initiative: Attempting to Solve the "Missing Coordination Layer" Problem for On-Chain Finance
: Multiple institutions including Robinhood, MetaMask, and eToro, along with Fireblocks, Checkout.com, Cross River Bank, Securitize, Wintermute, and others, jointly announced their participation in the "Open Transaction Layer (OTL)" initiative, aimed at establishing a unified transaction coordination protocol layer for on-chain finance.OTL is positioned as an open protocol stack for coordinating identity verification, compliance validation, transaction messaging, and execution processes among wallets, institutions, and AI agents, addressing the integration fragmentation problem currently plaguing cross-institutional interactions in on-chain finance, where entities operate in silos.The current coalition members include payment companies, trading platforms, wallets, market makers, and custody and stablecoin infrastructure providers, including Robinhood, MetaMask, eToro, MoonPay, SoFi, Wintermute, among others, as well as foundations from multiple public chains such as TON, Solana, Stellar, and Polygon. (Financefeeds)
Consensys Submits Comment Letter to the SEC, Proposing a Safe Harbor for Self-Hosted, User-Controlled Interfaces
According to an official announcement, Consensys submitted a comment letter to the U.S. Securities and Exchange Commission (SEC) on May 11, stating that the SEC’s latest interpretive framework for digital assets may leave regulatory gaps, creating compliance uncertainty for self-custodial wallet providers such as MetaMask. Consensys requested that the SEC clarify—through a targeted safe harbor or other exemption—that self-custodial, user-directed interfaces need not register as broker-dealers solely because they facilitate transactions involving non-security digital assets that may be associated with investment contracts. Consensys stated that this measure aims to ensure U.S. users can continue using open, neutral peer-to-peer blockchain tools.
Anchorage Digital Partners with M0 to Build Next-Generation Compliant Stablecoin Issuance Infrastructure
Anchorage Digital has announced a partnership with stablecoin infrastructure protocol M0 to jointly develop a next-generation compliant stablecoin issuance and management system aligned with the U.S. regulatory framework. Anchorage Digital plans to expand its issuance platform capabilities by integrating M0's modular stablecoin protocol, providing institutional clients with infrastructure support to issue stablecoins under the U.S. regulatory system.M0 allows institutions to issue and manage stablecoins based on demand and has already partnered with several payment and crypto platforms, including Stripe, MoonPay, and MetaMask. The protocol supports a highly modular design, enabling various types of institutions—including fintech companies, exchanges, and payment service providers—to quickly issue their own stablecoins. (CoinDesk)
Robinhood Chain Sees Single-Day DEX Volume Exceed $560 Million, CASHCAT Market Cap Hits $100 Million in Five Hours
on-chain analyst Ai Yi posted on Platform X, stating that Memecoins are becoming the primary traffic gateway for Robinhood Chain. CASHCAT reached a market cap of $100 million within five hours, and Robinhood CEO @vladtenev participated in related discussions. Robinhood Chain saw over 10,000 new tokens launched in a single day, with DEX trading volume exceeding $560 million. Robinhood Chain is an L2 network. Users can add the network via wallets such as OKX, Binance, and MetaMask, with Chain ID 4663. The official Robinhood Wallet is available on iOS and Android mobile apps and features cross-chain functionality. Cross-chain methods on Robinhood Chain include the official cross-chain bridge, Robinhood Wallet, and third-party aggregators like Relay, Stargate, and Across. Withdrawals via the official cross-chain bridge have a 7-day waiting period. DEXs on the Robinhood Chain ecosystem include Uniswap and NOXA Fun. Meme tracking tools include DEXScreener and GMGN.
B.AI Officially Integrates with the Solana Ecosystem, Expanding Multi-Chain Coverage to Eight Major Public Blockchains
B.AI has officially integrated into the Solana ecosystem, comprehensively upgrading its cross-chain login and payment capabilities. Users can now log in with one click via MetaMask and Phantom wallets and top up or subscribe using SOL, USDT, USDC, or WBTC on the Solana network. B.AI now supports eight major public blockchains—TRON, BNB Chain, Ethereum, Base, Arbitrum, Optimism, Polygon, and Solana—building a more open and decentralized multi-chain AI economy. New users enjoy an exclusive limited-time welcome offer: 500,000 points upon first login, a 1:1 bonus on top-ups, and up to an additional $100 worth of points per user. Going forward, B.AI will lower entry barriers and expand asset options to help you seamlessly enter the new era of intelligent economics.
Consensys: Delays IPO Plans to Earliest This Fall Amid Market Conditions
according to sources familiar with the matter, MetaMask developer Consensys has postponed its U.S. IPO plans to earliest this fall. The company originally planned to submit a draft S-1 filing with the SEC by the end of February, but market demand weakened due to the market downturn in February, macroeconomic uncertainty, and Bitcoin ETF outflows. Besides Consensys, Kraken and Ledger have also paused their IPO plans.Consensys completed a $450 million funding round in 2022 at a valuation of $7 billion. Additionally, BitGo, which was the first crypto company to go public in 2026, raised $213 million but has since seen its stock price drop 36% from its $18 offering price, reflecting the public market's cautious approach toward valuing crypto infrastructure companies.
Hyperliquid developer code integration revenue has reached $90 million, with MetaMask and others joining
Hyperliquid has become a decentralized exchange used by many traders for perpetual contract trading. Its Ethereum-compatible module, HyperEVM, directly connects to the self-developed HyperCore blockchain, allowing applications such as wallets and exchanges to provide services like perpetual contract trading based on its shared liquidity. Currently, hundreds of developers are deploying or integrating through Hyperliquid's builder codes system, including MetaMask, Phantom wallet, and South African exchange VALR. Data from Flowscan shows that related developers have generated approximately $90 million in revenue so far. Since October 2025, MetaMask has offered users self-custodial perpetual contract access within the wallet and charges a 0.1% builder fee. VALR CEO Farzam Ehsani stated that the exchange previously built its own perpetual contract infrastructure but chose to integrate Hyperliquid's order book due to insufficient liquidity and trading volume.
Arcus Launches Over 95 Stock Tokens and Perpetual Markets on Robinhood Chain
: Arcus, a decentralized exchange supported by Robinhood, launched tokenized stocks and perpetual futures on the Robinhood Chain on Tuesday. Arcus is built by the team behind the decentralized exchange dYdX and is supported by Robinhood Crypto. Arcus previously launched its spot market on July 1st when the Robinhood Chain went live. The platform offers over 95 stock tokens, perpetual markets, and crypto assets via self-custodial trading accounts, using USDG, a stablecoin issued by Paxos, as the primary collateral and settlement asset. The tokens launched on Arcus include stock tokens for major US companies such as Nvidia, Tesla, Apple, Microsoft, Meta, Google, and Amazon, as well as perpetual markets linked to stocks, ETFs, commodities, indices, and crypto assets. Arcus stated that its stock tokens are not available in the United States, Canada, the United Kingdom, and other restricted jurisdictions. The platform utilizes a self-custody model, allowing users to retain control of their assets and connect self-custodial wallets such as MetaMask, Ledger, and WalletConnect.
MetaMask team infiltrated by North Korean hacker aftermath: hacker's identity was publicly exposed as early as September 2025, yet still bypassed background checks to enter MetaMask through outsourcing in March this year
that, according to DeFi researcher @Zun2025 posted on X platform, "MetaMask hired a DPRK-linked hacker as a developer without even conducting a proper background check that could have revealed his identity.The hacker's GitHub username is imyugioh, and he has been publicly listed on the Lazarus Group website since September 2025, yet MetaMask still hired this individual in March 2026. Source: lazarus.group/team/mauro-liu. Imagine that one of the largest wallets granted core code repository access to someone already on a publicly known list of DPRK hackers. Now think about what might happen to those small protocols with absolutely no security teams."Earlier reports stated that a North Korean hacker, Tyler Knapp, infiltrated the MetaMask team. He entered MetaMask through a long-term cooperating human resources supplier via an outsourcing arrangement, bypassing the background checks of the company's direct recruitment process. He worked at the company for a month and participated in the development of the wallet's fiat on/off ramp functionality. During this period, his IP address and behavioral anomalies were detected by the company's security monitoring. The company immediately revoked all his access permissions and suspended the release of all products he had worked on. No substantial data or financial losses have been caused so far.
MetaMask Announces Support for Robinhood Chain
MetaMask announces Robinhood Chain is now live on MetaMask.
TxFlow L1 Launches Prediction Market App Probly, Covering Over 7,000 Events
TxFlow L1 has announced the launch of its second Channel, Probly, the first prediction market application developed based on the TxFlow Improvement Protocol 3 (TIP3). Upon launch, Probly offers 172 live markets covering over 7,000 events, including continuous rolling markets with a minimum duration of 5 minutes, and supports on-chain settlement and TxFlow L1's shared financial infrastructure. Probly covers 15 categories including politics, sports, crypto, finance, and geopolitics, and provides prediction markets related to BTC, ETH, SOL, and XRP price movements for 5-minute, 15-minute, 1-hour, and 4-hour intervals. Users can access Probly via an email-based embedded wallet without needing to manage seed phrases, or by connecting compatible wallets such as MetaMask, Coinbase Wallet, Phantom, and Uniswap Wallet. Eligible settlement amounts will be automatically credited in USDC after the event is resolved, with no separate claim required. (Decrypt).
Lawson to Test Yen-Pegged Stablecoin Payments in August, Netstars Launches Multi-Stablecoin Merchant Service
: Japanese convenience store operator Lawson plans to test yen-pegged stablecoin payments in August at its Lawson Takanawa Gateway City store in Tokyo. HashPort has signed agreements with Lawson and KDDI to conduct the pilot, where participants will use HashPort's non-custodial wallet. The store will process payments through the HashPort payment system, eliminating the need for merchants to open or manage crypto wallets. Japanese payment company Netstars has launched Stablecoin Pay, opening applications to merchants looking to accept multiple stablecoins. The service initially supports USDC, USDT, and the yen-pegged stablecoin JPYC on the Solana and Polygon networks. Supported wallets include MetaMask, and the merchant transaction fee rate is 0.98%. (Cointelegraph).
Related news
Hyperliquid developer code integration revenue has reached $90 million, with MetaMask and others joining
Hyperliquid has become a decentralized exchange used by many traders for perpetual contract trading. Its Ethereum-compatible module, HyperEVM, directly connects to the self-developed HyperCore blockchain, allowing applications such as wallets and exchanges to provide services like perpetual contract trading based on its shared liquidity. Currently, hundreds of developers are deploying or integrating through Hyperliquid's builder codes system, including MetaMask, Phantom wallet, and South African exchange VALR. Data from Flowscan shows that related developers have generated approximately $90 million in revenue so far. Since October 2025, MetaMask has offered users self-custodial perpetual contract access within the wallet and charges a 0.1% builder fee. VALR CEO Farzam Ehsani stated that the exchange previously built its own perpetual contract infrastructure but chose to integrate Hyperliquid's order book due to insufficient liquidity and trading volume.
Arcus Launches Over 95 Stock Tokens and Perpetual Markets on Robinhood Chain
: Arcus, a decentralized exchange supported by Robinhood, launched tokenized stocks and perpetual futures on the Robinhood Chain on Tuesday. Arcus is built by the team behind the decentralized exchange dYdX and is supported by Robinhood Crypto. Arcus previously launched its spot market on July 1st when the Robinhood Chain went live. The platform offers over 95 stock tokens, perpetual markets, and crypto assets via self-custodial trading accounts, using USDG, a stablecoin issued by Paxos, as the primary collateral and settlement asset. The tokens launched on Arcus include stock tokens for major US companies such as Nvidia, Tesla, Apple, Microsoft, Meta, Google, and Amazon, as well as perpetual markets linked to stocks, ETFs, commodities, indices, and crypto assets. Arcus stated that its stock tokens are not available in the United States, Canada, the United Kingdom, and other restricted jurisdictions. The platform utilizes a self-custody model, allowing users to retain control of their assets and connect self-custodial wallets such as MetaMask, Ledger, and WalletConnect.
MetaMask team infiltrated by North Korean hacker aftermath: hacker's identity was publicly exposed as early as September 2025, yet still bypassed background checks to enter MetaMask through outsourcing in March this year
that, according to DeFi researcher @Zun2025 posted on X platform, "MetaMask hired a DPRK-linked hacker as a developer without even conducting a proper background check that could have revealed his identity.The hacker's GitHub username is imyugioh, and he has been publicly listed on the Lazarus Group website since September 2025, yet MetaMask still hired this individual in March 2026. Source: lazarus.group/team/mauro-liu. Imagine that one of the largest wallets granted core code repository access to someone already on a publicly known list of DPRK hackers. Now think about what might happen to those small protocols with absolutely no security teams."Earlier reports stated that a North Korean hacker, Tyler Knapp, infiltrated the MetaMask team. He entered MetaMask through a long-term cooperating human resources supplier via an outsourcing arrangement, bypassing the background checks of the company's direct recruitment process. He worked at the company for a month and participated in the development of the wallet's fiat on/off ramp functionality. During this period, his IP address and behavioral anomalies were detected by the company's security monitoring. The company immediately revoked all his access permissions and suspended the release of all products he had worked on. No substantial data or financial losses have been caused so far.
Consensys disclosed that North Korean developers briefly participated in MetaMask code development, without causing data or fund losses.
MetaMask's parent company Consensys disclosed that a North Korean developer impersonating "Tyler Knapp" joined the MetaMask team as an outsourced consultant and participated in core wallet code development for approximately one month, with part of the work involving crypto asset and fiat currency conversion functions.
MetaMask Announces Support for Robinhood Chain
MetaMask announces Robinhood Chain is now live on MetaMask.
TxFlow L1 Launches Prediction Market App Probly, Covering Over 7,000 Events
TxFlow L1 has announced the launch of its second Channel, Probly, the first prediction market application developed based on the TxFlow Improvement Protocol 3 (TIP3). Upon launch, Probly offers 172 live markets covering over 7,000 events, including continuous rolling markets with a minimum duration of 5 minutes, and supports on-chain settlement and TxFlow L1's shared financial infrastructure. Probly covers 15 categories including politics, sports, crypto, finance, and geopolitics, and provides prediction markets related to BTC, ETH, SOL, and XRP price movements for 5-minute, 15-minute, 1-hour, and 4-hour intervals. Users can access Probly via an email-based embedded wallet without needing to manage seed phrases, or by connecting compatible wallets such as MetaMask, Coinbase Wallet, Phantom, and Uniswap Wallet. Eligible settlement amounts will be automatically credited in USDC after the event is resolved, with no separate claim required. (Decrypt).