MetaMask, a cryptocurrency pockets for the Ethereum blockchain, has teamed up with Blockaid, a Web3 safety agency, to introduce a “privacy-preserving module” geared toward enhancing safety for its customers.
This collaboration is about to supply MetaMask’s over 30 million customers with superior safety alerts to guard towards threats similar to phishing, scams, and hacks throughout a number of blockchain networks, together with Ethereum, Bitcoin, BNB Chain, Solana, Arbitrum, Polygon, and Avalanche.
The partnership, introduced on Feb. 20, will allow MetaMask customers to obtain computerized safety alerts about probably malicious transactions. The brand new safety function is now built-in by default in each the MetaMask extension and cell app.
The privacy-preserving module developed by MetaMask and Blockaid simulates transactions with out the necessity to share each transaction and signature request with exterior events, thus sustaining person privateness. Blockaid’s instruments have already been built-in throughout numerous wallets and decentralized purposes, together with OpenSea, Zerion, and Rainbow.
Along with the safety enhancements, MetaMask reported a big improve in its person base, with a 55% rise in month-to-month lively customers.
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