Here’s what happened in crypto today
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Today in crypto, Consensys announced plans to split its MetaMask consumer business from its institutional blockchain operations, Hunter Biden’s LAPTOP memecoin lost most of its value shortly after launch, and Singaporean national Malone Lam pleaded guilty to participating in a crypto theft and money laundering conspiracy involving more than $245 million.
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 the new Consensys.
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