How to store Bitcoin on MetaMask?
Only Wrapped Bitcoin (wBTC) can be stored on MetaMask as it supports Ethereum-enabled distributed applications specifically. Go to Source Powered by WPeMatico
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Metamask Users Complain About Connection Issues as Wallet’s Default Endpoint Suffers From ‘Major Outage’
On Friday, users leveraging the Web3 wallet Metamask complained about service outages after Infura, Metamask’s default endpoint suffered from a “major outage.” The wallet company addressed the situation and explained the problems were due to Infura combating an outage. Metamask Users Deal With Connection Issues After Infura Suffers From Service Disruption One of the most … Read more
Do You Use MetaMask on Apple Devices? Turn Off Your Backup
Users of hardware with the bitten apple logo should remember that a weak iCloud password can result in the loss of MetaMask wallet funds. This, of course, applies to those who have used the iCloud backup option for app data. Beware of Weak Passwords MetaMask is one of the most widely used cryptocurrency wallets on … Read more
Jack Dorsey Claims if ‘You’re Building on Ethereum You Have at Least One, if Not Many, Single Points of Failure’
The internet entrepreneur and former CEO of Twitter, Jack Dorsey, claims if developers are building on Ethereum they have “at least one, if not many, single points of failure.” The statement was in response to Vitalik Buterin’s commentary concerning Elon Musk running Twitter. Former Twitter CEO Criticizes Projects Building on Ethereum Jack Dorsey doesn’t seem … Read more
MetaMask warns Apple users over iCloud phishing attacks
The firm warned that If an Apple user has enabled automatic iCloud backups of their MetaMask wallet data, their seed phrase is being stored online. Go to Source Powered by WPeMatico
$5.8 Billion Burned: Second Largest Crypto Network Records 2 Million Ethereum Destroyed in 7 Months
This week, the Ethereum network’s burn rate reached a milestone by surpassing 2 million ethereum burned worth $5.81 billion since August 5, 2021. Metrics show the crypto network has a 24-hour burn rate of 1.74 ether per minute, which equates to roughly $5K worth of ether destroyed every 60 seconds. 2 Million Ethereum Burned, More … Read more
Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 Billion
The Ethereum software firm Consensys has announced the incubator has raised $450 million in a Series D funding round led by Parafi Capital. The latest financing brings the company’s valuation to over $7 billion, following the $200 million Series C raise Consensys secured last November. Consensys Raises $450 Million, Proceeds From the Round Will Be … Read more
Infura Mistakenly Leaves Venezuelan Users Without Metamask Support
Infura, the service provider of Metamask, one of the most used smart contracts-based wallets, blocked the access of Venezuelans to the Ethereum blockchain. Reports about this happening circulated on social media, attributing it to the existence of sanctions that the infrastructure provider might have applied to Venezuela. However, Infura later stated this was the result … Read more
Ethereum After 1559: Network Nears 2 Million ETH Burned Worth Over $6.9 Billion
Approximately 205 days ago, the Ethereum network upgraded via the London hard fork which implemented the packaged Ethereum Improvement Proposal (EIP) 1559. Since then, the EIP-1559 upgrade made it so a fraction of gas is destroyed during the transaction process and to date, 1,915,220 ether has been burned worth over $6.9 billion using today’s exchange … Read more
How To Set Up a MetaMask Wallet (Phone and Desktop)
MetaMask is one of the most popular, secure, and versatile wallets on the market. It provides full ownership of funds for its users, unlike centralized exchanges. MetaMask is the most popular wallet for interacting with various dApps, NFTs, Metaverse games, and more. This article covers everything you need to know on how to set up … Read more
