METAMASK
MetaMask Users Email Addresses Exposed in Cybersecurity Incident
MetaMask, the popular Ethereum wallet, experienced a cybersecurity incident that exposed the email addresses of some of its users who submitted a customer support ticket between August 1, 2021 and February 10, 2023. The breach may have affected up to 7,000 users and some of the customer support tickets included a free text field where users may have submitted personally identifying information. The company has taken steps to eliminate unauthorized access in the future and is working with a cybersecurity and forensics team to investigate the incident.
Twitter and Alibaba Enter Global AI Race
Twitter and Alibaba are reportedly integrating artificial intelligence (AI) into their businesses. Meanwhile, Gemini co-founders Tyler and Cameron Winklevoss have funded their business with a $100 million personal loan. This week’s Crypto Biz also covers MetaMask's new feature for purchasing cryptocurrency and Alibaba's new chatbot assistant.
MetaMask Launches "Buy Crypto" Feature
MetaMask has launched a new feature allowing users to purchase crypto with fiat currency directly from its Portfolio Dapp. The "Buy Crypto" feature will enable MetaMask users to purchase a wide range of cryptocurrencies using various payment methods, and it takes into account several factors such as user location and local regulations. The funds will then be deposited directly into the user’s MetaMask wallet.
MetaMask Launches Ethereum Staking Marketplace
MetaMask Institutional has announced a new staking marketplace that allows institutional clients to manage ETH staking through vendors such as ConsenSys Staking, Allnodes, Blockdaemon, and Kiln. The marketplace aims to simplify access and management of solo staking and enable institutions to become Ethereum network validators.
MetaMask Enables Direct Bank Transfers for Crypto Purchases in Nigeria
MetaMask, a major crypto wallet, has partnered with MoonPay to enable direct bank transfers for crypto purchases in Nigeria, allowing users to access crypto faster and cheaper without using credit or debit cards. Nigeria is a major market for MetaMask, despite current issues with crypto on-ramps in the country.
MetaMask Warns Investors Against Phishing Attempts by Scammers
MetaMask informed customers that it never emails account data or collects KYC information.
Russia largest bank is moving forward with the plan
Sberbank, Russia's biggest bank, will begin open DeFi platform testing in April 2023.
Wyre Limits WithdrawalsTo 90% For All Users
Wyre, a crypto payment company, has changed its withdrawal policy to restrict customers to 90% of their funds, days after two former workers purportedly hinted at a closure. Yanni Giannaros, Wyre's chief risk and compliance officer, is temporary CEO. As Wyre implements new operations, daily withdrawal restrictions will vary.
MetaMask will capture IPs
MetaMask will gather IP addresses and addresses during on-chain transactions. Data gathering applies only if users utilize MetaMask's default RPC app. This information may be shared with affiliates, during commercial negotiations, or to comply with KYC and AML regulations.
MetaMask Launches Bridge Aggregator, Enabling to Move Tokens across Blockchains
Popular self-custodial wallet MetaMask has now launched a bridge aggregator allowing users to bridge across multiple blockchain networks.