DeFi was the most attacked ecosystem in 2022: Finance Redefined Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The DeFi ecosystem started 2023 on a bullish note, similar to the broader cryptocurrency market. However, the bullish start to the year didn’t diminish the damage caused by vulnerabilities […]
Scam alert: MetaMask warns crypto users about address poisoning A new crypto wallet address scam that tries to take advantage of user carelessness has been on the rise, according to the MetaMask team. In an announcement, digital wallet provider MetaMask warned users of what is called an “address poisoning scam,” where attackers “poison” transaction histories by sending users tokens that are worth $0 to […]
MetaMask supports token swapping on Arbitrum and Optimism MetaMask has announced support for its Swaps feature on L2 networks such as Arbitrum and Optimism, enabling their users to swap tokens with fewer approvals and through gas-efficient routes. MetaMask, a popular cryptocurrency wallet, announced on Wednesday that it is expanding support for its Swaps feature to Layer 2 networks like Arbitrum and Optimism. Prior to this […]
How to Save Assets After a Metamask Wallet Crash – KeychainX Expert Explains sponsored What if a Metamask wallet has crashed or become corrupted, and a user is afraid of losing all of their digital assets? To ensure that a lost crypto wallet is recovered successfully, users should read the advice of wallet recovery experts from KeychainX, the trusted service provider that specializes in this type of recovery. […]
MetaMask cofounder calls Apple purchase tax ‘abuse,’ supports Coinbase decision Dan Finlay, the co-founder of MetaMask, has sided with Coinbase, saying he is ready to dump Apple due to their 30% in-app purchase tax and their recent ban of Coinbase’s iOS wallet software. Apple’s recent “reign of terror” Following the news that Apple had banned Coinbase’s iOS wallet software until it disabled NFT transfer features, […]
Sber bank integrates ethereum and metamask Russia’s largest bank, Sber, has announced that its blockchain platform will now be compatible with Ethereum. In addition, it has integrated MetaMask. Previously, Sber also launched Russia’s first blockchain ETF. New opportunities for its users Sber formally unveiled new possibilities for its blockchain platform earlier this week. The new features included support for Ethereum network […]
Russia's Sber bank integrates Metamask into its blockchain platform Russia’s largest bank Sber — formerly known as Sberbank — continues developing its blockchain platform by integrating it with the Ethereum blockchain. On Nov. 30, Sber officially announced new opportunities for its proprietary blockchain platform, including compatibility with smart contracts and applications on the Ethereum network. This would allow developers to move smart contracts and entire projects […]
Solana wallet Phantom to add support for Ethereum and Polygon Summary: Users will be able to transfer tokens on Ethereum and Polygon thanks to an upcoming upgrade from the team. The Solana-based project was built by Ethereum developers and had over 3 million active users at press time. Phantom, the most popular crypto wallet for Solana users, said support for Ethereum and Polygon will be […]
Ethereum Software Company Consensys Collects User Data, Privacy Policy Discloses Crypto users have been complaining about a recent Consensys privacy policy update that says when Infura is leveraged as a remote procedure call (RPC) via Metamask, wallet and IP address data is collected. The news follows a similar decision the decentralized exchange (dex) platform Uniswap recently made concerning data collection. The dex platform’s operator, Uniswap […]
ConsenSys addresses MetaMask IP collection, claims nothing has changed After community backlash received from an initial privacy policy revision on Nov. 23, ConsenSys, the parent company of MetaMask, released a statement to reiterate the intentions of its data collection. The company stated that the policy has always relayed how certain types of personal information are automatically collected, which could include IP addresses. According to […]
MetaMask’s new privacy policy infuriates crypto community The entire cryptosphere is now outraged as MetaMask issued an updated privacy policy allowing the wallet service provider to collect IP address information from users to curb illicit transactions. Crypto fanatics took to Twitter to express their anger towards MetaMask as the wallet issuer updated its privacy policy terms to include a collection of IP […]
MetaMask will start collecting user IP addresses According to a revised privacy policy agreement published by ConsenSys on Nov. 23, MetaMask will begin collecting users’ IP addresses and Ethereum wallet addresses during on-chain transactions. However, ConsenSys, the wallet’s creator, explains that the collection of users’ data will only apply if they use MetaMask’s default Remote Procedure Call (RPC) application, Infura. Individuals using […]
Ethereum developer ConsenSys said Infura stores IP addresses from MetaMask users Summary: The blockchain firm said Infura collects IP addresses from MetaMask users and temporarily stores the data. ConsenSys shared the news via an update to the company’s privacy policy. Decentralized exchange Uniswap also tweaked its privacy policy to include off-chain data collection. ConsenSys, a blockchain product company building Ethereum-centered solutions, told users that the company […]
ConsenSys collecting IP and Ethereum addresses of MetaMask users Ethereum software solutions provider ConsenSys just recently updated its privacy policy. However, these new additions bring mixed reactions as they mean much less privacy for Ethereum users. ConsenSys announced to MetaMask’s more than 20M users, on a new update to its privacy policy, yesterday, November 23, stating, “When you use Infura as your default RPC […]
New Phishing Attacks Target Metamask, Again A new attempt has been made to impersonate Metamask and hack the accounts of users. Cyber-criminals will stop at nothing to rid unsuspecting victims of their money. In a new tweet by wallet Guard, the company announced that users had notified them that they had been receiving phishing emails from a fake Metamask account. ⚠️METAMASK […]
Wallets like MetaMask need to become more user-friendly After Ethereum’s long-awaited Merge, it’s an ideal time to think about how we can also improve smart contracts. Essentially apps that run on blockchains, smart contracts are a vital component of our Web3 applications. But interacting with them remains quite dangerous, especially for non-developers. Many of the incidents where users lose their crypto assets are […]
Meta’s NFT expansion begins with Instagram NFT integration Mark Zuckerberg’s company, Meta, has begun its non-fungible token expansion across 100 countries in the Americas, Asia-Pacific, Middle-East, and Africa with Instagram NFT integration. Meta, which registered a sharp loss in its Q2 earnings report, unveiled its digital asset expansion plan on May 10 this year and today’s announcement marks the beginning of the execution […]
Fasset Collaborates with Mastercard, New York Yankees' Bitcoin Deal, Tencent Shutters NFT Platform, Crypto Industry Donates to US Senator + More News
The 2 Most Common Airdrop Phishing Attacks and How Web3 Wallet Owners Can Stay Protected In the world of cryptocurrencies, decentralized finance (defi), and Web3, airdrops have become commonplace in the industry. However, while airdrops sound like free money, there’s been a growing trend of airdrop phishing scams that steal people’s money when they attempt to get the so-called ‘free’ crypto assets. The following is a look at two different […]
5 MetaMask Features You Probably Didn’t Know About MetaMask is a cryptocurrency wallet that also serves as a gateway to blockchain applications. MetaMask provides a key vault, secure login, token wallet, and token exchange as a browser extension and a mobile app, giving you everything you need to manage your digital assets. Today, we will be showing you some unique features that make […]
Jack Dorsey’s Block Inc And Apple Team Up For iPhone Contactless Payments Feature Summary: Block will integrate Square’s payment infrastructure into Apple’s upcoming “Tap to Pay” feature. The update for iPhones should roll out later in 2022 per reports. Square’s Point-of-Sales app will facilitate the contactless payment service. The payment portal does not yet support crypto. An early access program has been announced to help vendors test the […]
