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You can now trade on Uniswap without leaving Twitter

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Mask Network has launched a trading widget allowing Twitter users to access market data and trade Ethereum-based crypto assets without leaving the platform.

Powered by Uniswap and CoinMarketCap, the new Mask widget brings up a window featuring market data and an interface for trading on Uniswap when users hover the mouse pointer over crypto asset tickers in posts.

In a Tweet thread announcing the new widget on September 24, Mask Network (formerly known as Maskbook) said it hopes to expand the service to other popular social media sites such as Facebook as well as other protocols in the decentralized finance (DeFi) ecosystem.

Mask has come a long way since its initial launch in July 2019. Back then its widget was designed to enable Twitter and Facebook users to encrypt posts on the platforms. 

Mask has since developed a number of ‘applets,’ including a feature that detects all tweets containing a Gitcoin URL to enable readers to make direct deposits to a grant campaign in one click without leaving Twitter.

A new version of Mask is slated for release in 45 days, bringing a yield aggregator, portfolio analysis, and ‘Initial Twitter Offering’ features to the widget. They are yet to explain what that is.

There are also plans for the widget to offer peer-to-peer payments, token issuance, and decentralized storage functionality to Web 2 users. The team is also eying the e-commerce sector, predicting that future versions of the widget will facilitate a booming market for social content in the form of non-fungible tokens (NFTs).





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Ethereum

Ethereum London upgrade launches on testnet as 100K staked in a day on Eth2

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Ethereum’s forthcoming London upgrade, containing the highly-anticipated Ethereum Improvement Proposal (EIP) 1559, has been deployed on the Ropsten testnet.

Following the June 24 launch on Ropsten, London is now expected to progress through Ethereum’s Goerli, Rinkeby, and Kovan testnets at roughly weekly intervals — from which point the Ethereum community expects a date for mainnet deployment to firm up.

The new upgrade will see transaction fees burned. According EIP-1559 tracking website, Watch the Burn, roughly 88,500 testnet ETH nominally worth $177.6 million has been burned on Ropsten over the day since London’s deployment.

The high rate of Ether being burned on Ropsten has reignited discussion regarding whether EIP-1559 will render Ethereum deflationary — where more ETH is destroyed than new supply enters into circulation — and what this could mean for Ethereum’s price moving forward.

However, EIP-1559 is not the only upgrade that the community is looking forward to from London, with David Mihal of CryptoFees describing EIP-3074 as “fixing one of Ethereum’s most overlooked security issues” to do with approvals.

Related: A London tour guide: What the EIP-1559 hard fork promises for Ethereum

Coincidentally or not, crypto data aggregator, CryptoQuant, identified that 100,000 Ether had been deposited into Eth2’s staking contract around the same time as the launch, worth roughly $200 million.

CryptoQuant also noted that more than 5% of ETH’s supply is currently locked in staking worth approximately $11.75 billion.