Consensys Software Inc., the Ethereum software company behind MetaMask, plans to split into two independent companies, separating its consumer business from its institutional blockchain infrastructure operations. According to Wednesday’s announcement, the separation is expected to be completed by the end of 2026, with Joe Lubin serving as chairman and CEO of MetaMask and executive chairman of…

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TLDR: MetaMask surpassed 100 million downloads across 190 countries as its consumer finance business expanded. Consensys will retain Linea, Besu and Teku while sharpening its focus on institutional Ethereum infrastructure. MetaMask users keep the same apps, assets, keys and access, with no migration or wallet changes required. Citi sees tokenized financial assets reaching $5.5 trillion…

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Bitmine Immersion Technologies, the largest corporate Ether holder, announced another purchase of the second-biggest crypto, bringing the company closer to management’s goal of accumulating 5% of the total supply. Bitmine acquired 28,086 Ether (ETH) last week, according to a Tuesday announcement, which is currently worth about $69.5 million. The purchase brings Bitmine’s total holdings to…

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TLDR Ripple burned 1,363,614.85 RLUSD on the XRP Ledger on September 6. The same 1,363,614.85 RLUSD was minted on Ethereum only seconds later. The matched transactions point to a cross-chain supply rebalancing rather than new RLUSD issuance. About $1.36 million in RLUSD liquidity effectively shifted from XRPL to Ethereum. The Ethereum-minted RLUSD was later transferred…

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TLDR A 20.5 BTC stash linked to the 2026 Coldcard hardware wallet theft moved through 34 THORChain swaps into Ethereum on September 2 and 3. Bitquery traced the funds from a “reported” attacker address tied to what it calls Wave 3 of the theft. Most of the traced value, 20.15 BTC, landed at one Ethereum…

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US-listed spot Ether and XRP exchange-traded fund (ETF) inflow streaks ended on Wednesday, marking a reversal after sustained demand. Spot Ether ETFs recorded $48 million in net outflows on Wednesday, ending 12 consecutive trading days of inflows, according to SoSoValue data. The funds had attracted $1.62 billion during the streak. BlackRock’s iShares Ethereum Trust ETF…

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TLDR: Ethereum saw accelerated August activity across Layer-2 upgrades, institutional adoption and ecosystem development. BlackRock expanded tokenization on Ethereum while Gnosis and Whitechain pursued Layer-2 transitions. Privacy tools and wallet infrastructure advanced through new applications, security features and post-quantum technology. DeFi growth continued as Aave, Morpho and Uniswap reached new deposit and trading milestones. Ethereum…

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TLDR Combined leverage on Binance and Bybit fell 90.9%, dropping from $1.12 billion to $102 million between August 22 and August 30. ETH price has stayed near $2,500 despite the sharp drop in derivatives activity. U.S. spot Ethereum ETFs pulled in about $1.5 billion over 10 trading days since August 15. BlackRock’s ETHA fund accounted…

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Bitmine Immersion Technologies extended its Ether buying streak to 65 consecutive weeks, adding 53,501 ETH last week as a broader crypto market recovery lifted the value of its burgeoning digital asset portfolio despite sizable unrealized losses. The latest purchase brought Bitmine’s holdings to more than 5.9 million ETH, valued at roughly $14.8 billion based on…

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TLDR ETH is trading near $2,501 with RSI at 76 and Stochastic above 90, both flashing overbought conditions. The MACD histogram is sitting exactly at zero, showing momentum has stalled after a strong run. Retail traders are 70.3% long while top traders are only 57.4% long, a gap between crowd and smart money. A pullback…

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