MetaMask expands to include Bitcoin with Snaps rollout
ConsenSys has launched MetaMask Snaps, a rollout that enables interoperability with multiple layer-1 blockchains, including Bitcoin and Solana.
The introduction of Snaps has been met with keen interest for multiple reasons. One feature is its notification API, integrated into the MetaMask browser extension. Unlike the traditional pop-ups users encounter when their wallet connects to a site, these notifications are tailored to the specific Snaps the user has installed.
Christian Montoya, the Senior Product Owner of MetaMask Snaps, mentioned that the setup does not require sharing personal details like an email address or phone number, thus offering another layer of privacy. However, the API is not yet available for mobile push notifications.
Source: Crypto.news
Coinbase to integrate Bitcoin Lightning Network: CEO Brian Armstrong
Crypto exchange Coinbase has confirmed its decision to integrate layer-2 payment protocol Lightning Network as users seek faster and cheaper Bitcoin transactions.
The Lighting Network (LN) was created to help solve Bitcoin’s scalability problem and to compete against newer cryptocurrency projects that promised comparatively faster and cheaper transactions.
Up until recently, major crypto exchanges, including Coinbase and Binance, had no intent to adopt the layer-2 solution as many community members argued that LN integration offered fewer incentives for exchanges’ income.
Source: Cointelegraph
Franklin Templeton join the race of Bitcoin ETF
Today marked a significant milestone for Franklin Templeton, a renowned asset management firm overseeing $1.5 trillion in assets.
The firm has officially filed for the creation of a Bitcoin Exchange Traded Fund (ETF) with the United States Securities and Exchange Commission (SEC). Franklin Templeton now joins the ranks of industry giants such as BlackRock and Fidelity in their pursuit of obtaining the first-ever approval for a Bitcoin ETF in the United States.
In a crypto landscape fraught with regulatory challenges, the “Franklin Bitcoin ETF” could potentially usher in a new era where major players enter the cryptocurrency arena. Notably, the custody provider chosen for this venture is Coinbase Custody Trust Company, a crypto exchange widely recognized for its stringent security protocols and unwavering commitment to regulatory compliance.
Source: Coinpedia