Today, Consensys filed a lawsuit against the Securities and Exchange Commission.

The goal behind this is to ensure that Ethereum remains a vibrant and indispensable blockchain platform and to preserve access for the countless developers, market participants, and institutions who have a stake in the world’s second largest blockchain.

#ETHforAll

1/6 We took this step for two very basic reasons:

(1) the SEC should not be allowed to arbitrarily expand its jurisdiction to include regulating the future of the internet by wrongly labeling ETH a security; and

(2) the SEC’s reckless approach is bringing chaos to developers, market participants, institutions, and nations who are building or already managing critical systems running on Ethereum.

2/6

📢 We are aware of tweets circulating with inaccurate information about ConsenSys' terms of service.

Let's clarify one thing upfront: MetaMask does NOT collect taxes on crypto transactions and we have not made any changes to our terms to do so.

This claim is false. At ConsenSys, our goal is to make web3 universally easy to use, access, and build upon through our suite of products.

It's important to note that the terms referenced are not new. They apply to our products that are subject to sales tax.

#ForTheBuilders #ETHDenver

Unlock the block🗝️ 🦊🗝️♦️

The work to #buidl #Ethereum is going strong & the #web3 community is rallying behind the next upgrade on the Ethereum roadmap—the #Shanghai/Capella upgrade. Here is all you need to know about the milestone and the staked ETH withdrawals it will enable. 🧵
1/ The Shanghai/Capella upgrade is a significant event for Ethereum and will have several implications for #stakers ⚡️, the Ethereum staking ecosystem, and #DeFi more broadly.
2/

Our devrel superstar @francescoswiss will be a particularly busy 🦊 today!

#ForTheBuilders - Catch one or more of these 3 talks all over #ETHDenver.

More details here 🧵👇 MetaMask Snaps at #ETHMobile!

Register here: eventbrite.com/e/ethmobile-is…

🚀 Thrilled to announce that we have listed @MetaMask, @Infura_io, and @Trufflesuite in the new decentralized section of the Unity Asset Store to empower developers to build #web3 games!

🔗 assetstore.unity.com/decentralizati… The @MetaMask SDK will allow devs to connect their games to the MetaMask wallet, enabling users to interact with web3-enabled features within the game itself.

1/
Roll up, roll up! 🌐

We're proud to announce the private beta release of ConsenSys' zkEVM testnet, available on @Infura_io 🎉

Sign up below: infura.io/resources/netw… 2/
ConsenSys's zkEVM is EVM-equivalent: Build & deploy like you do on Ethereum, using all the familiar tools like @MetaMask, @trufflesuite & @infura_io ; enjoy the security of Ethereum, with the vast scalability and ultra-low fees of the zkEVM.⚙️

Today, ConsenSys announced the close of a $450 million USD financing round, bringing its valuation to $7 billion USD. consensys.net/blog/press-rel… Since founding, ConsenSys has been a pioneer in creating the foundational software for the next wave of the internet, Web3. Our mission is to unlock the collaborative power of communities by making DAOs, NFTs, and DeFi universally easy to use, access, and build on.

Web3. A new buzzword, or an entire new decentralized internet of persistent applications accessible by self-custodied wallets like @metamask?

consensys.net/reports/web3-r…

🧵 👇

1/17 Cryptocurrencies and tokens are not just transforming finance and money, but also the ways in which creators can form Internet-native organizations to create and share value.

2/17

New to #DeFi and trying to understand the macro narratives of #Ethereum?

We did things a little different this quarter by creating a more visual report of the primary data and narratives animating DeFi and NFTs in the first three months of this year.

consensys.net/reports/defi-r… In this report, we cover the DeFi economy built on Ethereum, stablecoins, DeFi assets, DEX volume, #NFTs, trends to watch in Q2, and DeFi regulation.

consensys.net/reports/defi-r…

#Ethereum 2.0 Phase 0 is set to go live this year. A survey of ~300 ETH holders by @ConsenSysCodefi aimed to determine the motivations and concerns of ETH holders who are considering (not) staking on the #Eth2 network. Conclusions, a thread: Of 287 respondents, over 65% plan to stake on #Eth2. Half of those 65% plan to run their own validators, and the other half plan to use a third party staking provider. Additionally, 14.6% are undecided and only 2.8% do not plan to stake.