Etherscan, CoinGecko warn against ongoing MetaMask phishing attacks

Popular crypto analytics platforms Etherscan and CoinGecko have parallelly issued an alert against an ongoing phishing attack on their platforms. The firms began investigating the attack after numerous users reported unusual MetaMask pop-ups prompting users to connect their crypto wallets to the website.  Based on the information disclosed by the analytics firms, the latest phishing attack attempts to gain access to users’ funds by requesting to integrate their crypto wallets via MetaMask once they access the official websites. Security Alert: If you are on the CoinGecko website and you are…

Read More

How to store Bitcoin on MetaMask?

MetaMask is a well-known wallet for Ethereum-enabled distributed applications (dApps). But can MetaMask hold Bitcoin (BTC), which remains the largest cryptocurrency? For many crypto investors, Bitcoin is an important part of their portfolio. Besides being an investment asset, Bitcoin can also be used as a payment method. Thanks to wallets such as MetaMask, paying via blockchain technology has become much easier. This Ethereum crypto wallet enables millions of investors to participate in everything the crypto market has to offer. Even though Ether (ETH) is a very popular means of payment,…

Read More

MetaMask institutional offering, Polygon to go carbon neutral, and more

The decentralized finance (DeFi) world saw another week of increased on-chain and developer activity while token prices entered the second week of the bear market, with many of the tokens bleeding in double digits over the past week. MetaMask expanded its institutional offering by partnering with four institutional custodians, while Polygon has pledged to go carbon neutral. We will also look at how users can bridge different tokens to the Polygon network and look into Reputation DAO, a project that collateralizes users’ private information for DeFi loans. MetaMask expands institutional…

Read More

MetaMask warns Apple users over iCloud phishing attacks

ConsenSys-owned crypto wallet provider MetaMask has sent out a warning to the community regarding Apple iCloud phishing attacks. The security issue for iPhone, Mac, and iPad users is related to default device settings which see a user’s seed phrase or “password-encrypted MetaMask vault” stored on the iCloud if the user has enabled automatic backups for their app data. In a Twitter thread posted on April 18, MetaMask noted that users run the risk of losing their funds if their Apple password “isn’t strong enough” and an attacker is able to phish…

Read More

MetaMask expands institutional offering by integrating new crypto custodians

Decentralized finance (DeFi) wallet and browser extension MetaMask formed a new strategic partnership with four major crypto custodians; Gnosis Safe, Hex Trust, GK8 and Parfin. MetaMask Institutional (MMI), the institutional version of the popular Ethereum wallet MetaMask, announced on Wednesday that the new integration will provide decentralized autonomous organizations (DAOs) with key management tools to participate in DeFi activities. DAOs are organizations controlled by computer code and have no top-down authority, and they’ve been gaining popularity as a fundraising mechanism and administration tool for cryptocurrency projects. According to the announcement,…

Read More

MetaMask rolls out Apple Pay integration and other iOS updates

ConsenSys-owned MetaMask tweeted a thread of updates on Tuesday for iPhone and Apple Pay users. The main feature is the ability to buy cryptocurrency using a debit or credit card through the mobile application, eliminating the need to transfer Ethereum (ETH) from a centralized exchange like Coinbase into the app.  MetaMask Mobile v4.3.1 is LIVE with some exciting updates: Buy crypto on iOS with Apple Pay (@sendwyre), more transparency when interacting with sites, & support for gasless transactions where relevant. Does it get any better? Yes it does! We now…

Read More

Hodlers beware! New malware targets MetaMask and 40 other crypto wallets

Security was never the strong suit of browser-based crypto wallets to store Bitcoin (BTC), Ether (ETH) and other cryptocurrencies. However, new malware makes the safety of online wallets even more complicated by directly targeting crypto wallets that work as browser extensions such as MetaMask, Binance Chain Wallet or Coinbase Wallet. Named Mars Stealer by its developers, the new malware is a powerful upgrade on the information-stealing Oski trojan of 2019, according to security researcher 3xp0rt. It targets more than 40 browser-based crypto wallets, along with popular two-factor authentication (2FA) extensions,…

Read More

MetaMask surpasses 10M monthly active users as DeFi continues to surge

Ethereum wallet and browser extension MetaMask achieved another major milestone in August, as its monthly active userbase topped 10 million for the first time, further highlighting the growing demand for DeFi assets. MetaMask credited a confluence of factors for its exponential growth, including the rapid adoption of Ethereum smart contract technology, the continued expansion of DeFi protocols and the successful launch of its token swap solution. The company also credited the nonfungible token boom for attracting more users to its technology. As Cointelegraph reported, MetaMask registered its one-millionth monthly active…

Read More

MetaMask warns of new phishing bot

Crypto wallet provider MetaMask has alerted its users of a new phishing bot that attempts to steal their seed phrases. In a tweet published Monday, May 3, MetaMask warned users that the bot attempts to direct users to a purported “instant support” portal where they are prompted to enter information into a Google Docs form. PHISHING ALERT!: a new type of phishing bot is becoming active. Comes from an account that looks “normal” (but few followers)Helpfully suggests filling out a support form on a major site like Google sheets (hard…

Read More

MetaMask cites ‘global south’ for their 5x increase in users

MetaMask, the Ethereum (ETH) wallet service and browser extension, has recorded 5 million monthly active users for the first time — marking a major milestone in the growth of decentralized applications.  The rise in growth came just six months after MetaMask registered its first cumulative 1 million active users. Since October 2020, the service platform has grown five times, highlighting the continued strength of the cryptocurrency bull market. The following chart, courtesy of MetaMask developer ConsenSys, highlights the exponential growth of the wallet service over the past six months: MetaMask’s…

Read More