April

Security

<p>In recent times, attacks against crypto wallets managed by MetaMask have notably intensified. As users’ assets are exposed, the platform aims to enhance its security measures.</p>
<h2 id="h-alerts-to-strengthen-metamask-s-web-3-0-wallet-security">Alerts to Strengthen MetaMask’s Web 3.0 Wallet Security</h2>
<p><a href="https://www.cointribune.com/en/metamask-sous-attaque-protegez-votre-crypto-2/" target="_blank" rel="noopener noreferrer nofollow">The crypto platform MetaMask</a> is preparing to introduce a groundbreaking security alert feature in its browser extension. The company has formed a strategic partnership with security experts from Blockaid for this purpose.</p>
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<p>This collaboration is part of a strategic policy aimed at bolstering user security while safeguarding their crypto assets. This initiative marks a significant turn in the evolution of Web 3.0 self-custody wallets.</p>
<p><a href="https://www.benzinga.com/markets/cryptocurrency/23/10/35523684/metamasks-collaboration-with-blockaid-unleashes-a-web3-wallet-to-integrate-security-alerts?utm_campaign=partner_feed&amp;utm_source=cryptopanic.com&amp;utm_medium=partner_feed&amp;utm_content=site" target="_blank" rel="noopener noreferrer nofollow">The envisioned security alert functionality</a> is expected to officially roll out sometime in November 2023. Crypto users should then be able to activate it through the platform’s experimental settings.</p>
<p>However, the true evolution of this feature is anticipated in the first quarter of 2024. It will then become a default setting for all MetaMask users after integration into their wallets.</p>
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     <p lang="en" dir="ltr">MetaMask and Blockaid collaborate to introduce native security alerts in wallet extension<a href="https://t.co/Z5JwVWrKs7" rel="noopener noreferrer nofollow">https://t.co/Z5JwVWrKs7</a><br><br>WalletConnect has restricted the availability of the WalletConnect Protocol in Russia – <a href="https://twitter.com/WalletConnect?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@WalletConnect</a><a href="https://t.co/mMWbpTeBGi" rel="noopener noreferrer nofollow">https://t.co/mMWbpTeBGi</a></p>— Matte Black Crypto | Aziz <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6e1.png" alt="🛡" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6f8.png" alt="🛸" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@MohammedAziz90) <a href="https://twitter.com/MohammedAziz90/status/1719702384505438430?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 1, 2023</a>
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 <figcaption class="wp-element-caption"><em>MetaMask introduces innovative security alerts in collaboration with Blockaid</em>
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<h2 id="h-metamask-s-commitment-to-securing-its-services">MetaMask’s Commitment to Securing its Services</h2>
<p>This positive development is connected to a prior initiative. In April 2023, MetaMask and Blockaid joined forces to introduce security alerts for Opensea. These were available as an opt-in experimental function and received a positive response.</p>
<p>The decision to incorporate this option into MetaMask arises from the success of this previous endeavor. Ultimately, the platform solidifies its commitment to protecting users against crypto threats without jeopardizing their privacy.</p>
<p>This is where the offline Privacy Preserving Off-chain Module (PPOM) comes into play, initiated by stakeholders. An innovative approach allowing for simulating transactions without sharing sensitive data with third parties, effectively preventing crypto theft.</p>
<p>MetaMask’s commitment to user and crypto wallet security was also evident in September 2023 with the introduction of Snaps. This functionality allows users to customize their security layers by embedding transaction information, giving them greater control over their assets.</p>

Crypto: MetaMask Innovates Again!

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