DeFi attracts 2.91M Ethereum addresses, according to ConsenSys
The DeFi economy continues to be built on Ethereum. A new report from ConsenSys highlights the extent to which the Ethereum network drives decentralized finance. The Ethereum (ETH) network continues to be a major driving force behind decentralized finance, signaling the continuation of a trend that began around mid-2020, according to a new quarterly DeFi report by ConsenSys. By the end of June 2021, 2.91 million unique Ethereum addresses had interacted with at least one DeFi protocol, representing 65% growth from the previous quarter. “As community driven education, simple user interfaces,....
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The number of users or unique addresses leveraging decentralized finance (defi) protocols via Ethereum has risen past 3 million according to recent statistics. A vast majority of these unique addresses use the defi protocol Uniswap, as 2.4 million users have been recorded since December 2018. Ethereum Defi Applications See Unique Addresses Surpass 3 Million According to statistics from Dune Analytics, the number of users or unique ethereum addresses utilizing defi has jumped past the 3 million threshold this week. At the time of writing, data shows there are 3,092,000 unique addresses....
On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but the announcement notes that the acquisition will “further improve the security of all the products.”
Consensys Obtains Mycrypto Ethereum Wallet, Plans to Merge With Metamask in the Future
Consensys has acquired the Ethereum-based wallet Mycrypto for an undisclosed sum according to an announcement released on Tuesday. The deal aims to....
The Ethereum software firm Consensys has announced the incubator has raised $450 million in a Series D funding round led by Parafi Capital. The latest financing brings the company’s valuation to over $7 billion, following the $200 million Series C raise Consensys secured last November.
Consensys Raises $450 Million, Proceeds From the Round Will Be Converted to Ether
The Ethereum software and incubator firm Consensys has revealed it closed a $450 million Series D led by the venture capital firm Parafi Capital. The financing round also saw participation from Third Point,....
The latest Q3 DeFi report from ConsenSys expresses concern about DeFi’s threat to ETH 2.0 staking The rise of DeFi and high yielding liquidity provision opportunities could act as a barrier to participation in staking when ETH 2.0 Phase 0 finally launches according to a new report.The ConsenSys Q3 DeFi Report has taken a deep dive into emerging trends and warns that staking on Ethereum’s forthcoming Beacon Chain may be limited by better earning opportunities on decentralized finance protocols.ConsenSys believes it’s likely that Phase 0 of the ETH 2.0 upgrade will launch before the end of....
Consensys, an Ethereum software company, announced yesterday the launch of a new scaling solution for Ethereum, called “Consensys Rollups.” The company enlisted Mastercard programmers to design the solution, which aims to allow the network to reach a throughput of 10,000 TPS (transactions per second), according to a PR statement. The solution can be implemented on top of private, permissioned protocols like Quorum, or on public chains like Ethereum.
Consensys to Address Scaling With Mastercard’s Assistance
Consensys, an Ethereum software company, launched....