Solana has introduced a limited-time offer for users seeking to transfer assets from their Metamask wallet, reducing the associated fees to 0%. This fee reduction is made possible through a collaboration between the layer 1 blockchain, DeBridgeFinance, and the Solana-based wallet – Solflare. According to the official announcement, whenever a MetaMask wallet is connected to a Solana app, users will also gain access to a trusted Solflare companion. This Solflare widget boasts a...
Read More »Blockaid Raises $33M in Funding to Strengthen Blockchain Security
Blockaid’s primary objective is to protect users from a range of security threats, including fraud, phishing, and hacking. Blockaid, a blockchain security startup, and partner of the popular MetaMask crypto wallet has secured $33 million in a Series A funding round, led by prominent industry venture capital firms, including Coinbase investor Ribbit Capital and early-stage VC firm Variant. Other participants in the funding round included Sequoia Capital, Cyberstarts, and Greylock Partners....
Read More »MetaMask Returns to Apple’s App Store After a Brief Hiatus
The team behind the popular Ethereum-native wallet warned earlier today that its application was removed from Apple’s app store. However, the issues seem to be resolved now, and MetaMask can now be downloaded by Apple users once again. Several users took it to X to complain on October 14 that they were unable to locate and download the MetaMask app from Apple’s App Store. Hours later, the team behind the wallet confirmed the speculation but said it “is not related to anything...
Read More »Lawsuit Suggests Crypto Wallet MetaMask Idea was Stolen from Initial Developer
MetaMask – one of the biggest and most popular digital wallets built atop the Ethereum network – is having its origin story challenged in court. MetaMask: Who REALLY Built It? A lawsuit has been filed in San Francisco, California by entrepreneur Joel Dietz, who says he played a significant role in the wallet’s development. He claimed via court documents that Ethereum is working hard to erase him from its history and trying to get away with not paying him his fair...
Read More »MetaMask Launches Snaps to Expand Compatibility Beyond Ethereum
The popular Web3 wallet has officially unveiled a novel feature called ‘Snaps,’ which paves the way for its expansion beyond the confines of Ethereum. This marks a new dawn for developers and users of Metamask, who will benefit from interoperability and compatibility for different non-EVM blockchains. The inception of this feature traces back to a proposal by Dan Finlay, the co-lead developer in Metamask, to construct a platform welcoming developers to build permissionless...
Read More »MetaMask Unveils New Feature Allowing Users to Sell ETH for Fiat
MetaMask introduces the “fiat-off-ramp” feature on the platform by allowing users to convert their ETH holdings to fiat currency. On Tuesday, September 5, the popular cryptocurrency wallet MetaMask announced that it had launched a new feature that would allow users to sell ETH for fiat currency. In a post on X (formerly Twitter) on September 5, MetaMask announced that users with crypto wallets connected to the Portfolio decentralized application could now convert their Ether (ETH)...
Read More »US Customers Can Pay With Ethereum Through PayPal via MetaMask Integration
On May 11, MetaMask revealed that it had added PayPal as a payment option for Ethereum purchases. However, the new payment channel is only available to U.S. users. “MetaMask is the first web3 wallet to enable users to buy ETH using PayPal, a leader in the digital payment space,” it said. The integration also supports ETH transfers from PayPal to MetaMask, creating more self-custody adoption. However, many of those responding to the tweet were more interested in when MetaMask...
Read More »MetaMask Shuts Down Wallet Exploit Claims: Report
Web3 wallet provider, MetaMask took Twitter to deny claims that a “massive wallet-draining operation” originated from an exploit of its wallet. The update comes after Taylor Mohanan alleged that an attacker was “sending” transactions via MetaMask, draining crypto from long-time users and employees. Mohanan, who also happens to be a MetaMask developer, later confirmed that the attack was not MetaMask-specific. The “sophisticated” heist was first discovered by Monahan early...
Read More »MetaMask Taps MoonPay to Enable Nigerians Buy Crypto via Instant Bank Transfers
MetaMask is integrating with crypto fintech platform MoonPay to expand its offering in Nigeria. According to MetaMask developer ConsenSys, Nigeria happens to be one of the major markets for the crypto wallet service globally, ranking third in active mobile users. The latest move to gain a stronger foothold in the country comes in response to the inadequacies in the local financial system, as an estimated 90% of credit/debit card attempts to purchase crypto in Nigeria are...
Read More »Nigerians Massively Adopt CBDC as Physical Cash Becomes Scarce
While the Nigerian legislative body is optimistic about the country’s adoption of eNaira, there is still significant work to be done to enhance the digital infrastructure for financial practices in the country. Nigeria is witnessing an increasing adoption of its Central Bank Digital Currency (CBDC) as the country’s fiat money scarcity intensifies. Almost eighteen months after the introduction of its in-house digital token eNaira, Nigerians have begun the mass adoption of the CBDC as...
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