Wallet collects your user data – you can

Metamask

with 31 million active users metamask The central bridge to the world of cryptocurrencies, specifically to Ethereum. Coins can be freely stored and sent in the virtual wallet. So far: everything anonymous. But that is changing now. And cause an outcry in the crypto community. company behind metamaskConsenSys announced today update their privacy policy, User data will be collected immediately. This is what happens when running metamask through the client of infura Used. This is set by default. Infura is also related to ConsenSys.

According to their own statements, identity, home address, e-mail addresses, telephone numbers, usernames, passwords, credit cards, bank accounts as well as IP and wallet addresses are all information that can be collected.

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“It was fun when this metamask went well, but I value my privacy,” tweeted PixelVault host Gonibrad. And called: “Change the wallet as soon as possible.” Beastlorian, a Cardano staker, wrote: “It might be time to stop using MetaMask.” Metamask’s CEO also apologized on Twitter: “I think we can fix this soon. We do not use IP addresses, even if they are stored temporarily, which is not necessary because we do not use them.” Don’t do it for anything.”

Crypto analyst Insightful posted instructions on Twitter on how to set MetaMask not to collect data. For this you should use Alchemy. You will find all the necessary steps in the thread.

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MetaMask’s update comes shortly after Uniswap, the largest decentralized crypto exchange. a new privacy policy announced. Earlier this year, ConsenSys, the company behind MetaMask and Infura, raised over $450 million in a Series D round. With a valuation of US$7 billion, it is one of the largest players in the crypto space. ConsenSys was created by Joseph Lubin, one of the co-inventors of Ethereum.

You want to compare the best wallets?

In our BTC-ECHO comparison portal we show you the best wallets with which you can securely store your crypto assets.

to compare wallets

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