Search results for Joe Lubin
Crypto
MetaMask launches crypto wallet for AI agents, supports autonomous trading
MetaMask has launched a non-custodial cryptocurrency wallet designed for AI agents, The Block reported. The Agent Wallet supports autonomous trading in the Ethereum ecosystem, including swaps, perpetual futures, prediction markets and liquidity provision. Transactions are simulated and executed under user-set daily spending limits and allowlists. Blockaid scans for fraud and threats, with 2FA or email approval required for risky trades. Safe trades are covered up to $10,000.
Crypto
MegaETH launches ultrafast blockchain mainnet, can it rival rollup Layer 2s?
Ultrafast Ethereum Layer 2 project MegaETH has launched a mainnet that targets 100,000 transactions per second, Coindesk reported. The project says it offers higher speed than the existing Ethereum network and promotes a “real-time blockchain.” MegaETH raised $450 million in an October token sale and drew investment from Ethereum co-founders Vitalik Buterin and Joe Lubin. Critics point to centralisation concerns, while some experts doubt it can replace rollup-based Layer 2s.
Crypto
MegaETH mainnet to launch on Feb. 9, hit 35,000 TPS in tests
Ethereum layer-2 solution MegaETH will launch its mainnet on Feb. 9. Cointelegraph reported on Jan. 29 that MegaETH processed 35,000 transactions per second in a seven-day global stress test and recorded 1.07 billion transactions. During the test, it opened the mainnet to some users and checked performance as developers pushed the chain to its limits from the backend. MegaETH has support from Vitalik Buterin and Joe Lubin and has received investment from crypto venture capital firms including Dragonfly Capital and Figment Capital. It raised $500 million in a pre-deposit sale last November but later returned the funds due to technical and operational problems.