In a groundbreaking move for Web3 wallets, MetaMask has joined forces with Blockaid, a security firm, to introduce integrated security alerts within its browser extension. This collaboration is set to revolutionize the security landscape for self-custody Web3 wallets, marking a significant step in safeguarding users' crypto assets.
Launching Native Security Alerts
The eagerly awaited feature is scheduled to officially launch in November 2023. Initially available to desktop users as an opt-in experimental feature, it will provide enhanced security functionalities within the MetaMask wallet. By the first quarter of 2024, this security feature is anticipated to become a default part of the MetaMask wallet, extending its protective capabilities to all users.
Protection Against Malicious Transactions
One of the key objectives of this collaboration is to protect MetaMask users from malicious transactions, scams, phishing attempts, and potential hacks, all while respecting user privacy. The integration of security alerts aims to detect and thwart threats before they can compromise users' crypto assets.
Privacy-Preserving Security Measures
MetaMask and Blockaid have employed a privacy-preserving offline (PPOM) module, which simulates transactions without the need to share sensitive data with third parties. This innovative approach ensures that security alerts are provided without compromising user privacy, enhancing the overall safety of Web3 wallet transactions.
Impressive User Base and Proven Track Record
MetaMask, boasting over 20 million monthly active users, stands as the most popular crypto wallet in the industry. Meanwhile, Blockaid, a security startup, has successfully protected high-profile accounts, including Ethereum co-founder Vitalik Buterin's assets, saving over $100,000. This collaboration highlights the commitment of both companies to enhancing security within the Web3 ecosystem.
By combining the strengths of MetaMask's user base and Blockaid's security expertise, this partnership holds the promise of a safer and more secure Web3 wallet experience for all users. The introduction of native security alerts marks a significant leap forward in protecting crypto assets and mitigating the risks associated with the ever-evolving world of cryptocurrency.
#Metamask

MetaMask, the leading Ethereum wallet, has announced support for the Cardano blockchain through a new integration with the Cardano Wallet Snap, developed by Web3 self-custody wallet provider NuFi. This integration allows MetaMask users to interact with the Cardano network, offering a seamless way to manage Cardano native assets and use decentralized applications (dApps) on the blockchain.
Cardano Wallet Snap Integration with MetaMask
The integration leverages MetaMask’s Snap feature, which enables third-party developers to enhance MetaMask’s functionality by adding custom-built extensions. Through the NuFi Cardano Wallet Snap, MetaMask users can now create Cardano accounts, generate Cardano keys using their existing MetaMask seed phrase, and manage their Cardano native tokens, including ADA.
With this new feature, MetaMask users can also purchase ADA using credit cards or exchange other cryptocurrencies for ADA, making it easier for Ethereum wallet users to explore the Cardano network. Funded by Catalyst, this initiative simplifies the Cardano onboarding process for the vast MetaMask user base.
Easy Setup for Cardano Wallet Snap
The integration is designed for ease of use, requiring no technical expertise. Users simply need to install the Cardano Wallet Snap, visit the NuFi platform, and connect MetaMask to the extended wallet. Once connected, users receive a Cardano wallet and address, enabling them to interact with Cardano dApps.
Transactions conducted through the Cardano Wallet Snap must first be approved within the Snap and then confirmed via the MetaMask interface before being submitted to the Cardano blockchain. The feature is available on MetaMask version 12.0.0 and above, providing users with a familiar interface to engage with Cardano’s ecosystem.
Growing Support for Cardano Post-Chang Hard Fork
This development follows Cardano’s recent completion of the Chang hard fork, a major upgrade marking the network’s transition to the Voltaire era. Since the upgrade, Cardano has garnered significant support from various crypto projects, including Polkadot, which has embraced Cardano's on-chain governance model.
Additionally, rumors suggest that DexScreener, a well-known decentralized exchange (DEX) analytics platform, may soon support Cardano. Reports indicate that DexScreener is in talks with Cardano-based DEX platforms such as Minswap, Saturn Swap, and Dex Hunter for potential integration.
With MetaMask’s Cardano Wallet Snap now available, this latest move is expected to further drive adoption of the Cardano blockchain by making it more accessible to users already familiar with the MetaMask wallet.
$ADA #Cardano #Metamask

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

As the cryptocurrency market expands, understanding how to securely store your digital assets becomes crucial. Crypto wallets are your gateway to managing, spending, and protecting your cryptocurrencies. Let’s explore the types of wallets and their features!
🔍 What Are Crypto Wallets?
A crypto wallet is a digital tool that allows users to store, send, and receive cryptocurrencies. Unlike traditional wallets, crypto wallets don’t store your assets directly; they store your private keys, which are essential for accessing your cryptocurrencies on the blockchain. 🌐
🛠️ Types of Crypto Wallets
1. Hot Wallets:
Hot wallets are connected to the internet and are convenient for daily transactions. Examples include software wallets like Exodus and mobile wallets like Trust Wallet. While they are user-friendly, they are also more susceptible to hacks. ⚡
2. Cold Wallets:
Cold wallets are offline storage solutions, such as hardware wallets like Ledger and Trezor. These wallets provide enhanced security by keeping your private keys offline, making them less vulnerable to cyberattacks. 🔒

3. Paper Wallets:
A paper wallet is a physical document that contains your private keys and public addresses. While it’s a secure way to store your assets, it requires careful handling to avoid loss or damage. 📝
🌍 Why Crypto Wallets Matter
- Security: Properly managing your crypto wallet can protect your assets from theft and hacking attempts. 🔐
- Control: Using your own wallet gives you full control over your funds, unlike keeping them on an exchange, where you may be subject to withdrawal limits and potential hacks. 🏦
- Privacy: Wallets enable you to maintain privacy in your transactions, as they don’t require personal information like traditional bank accounts. 🌟
🚀 The Future of Crypto Wallets
As the crypto landscape evolves, wallet technology will also advance. Features like multi-signature wallets, biometric authentication, and integration with decentralized finance (DeFi) platforms will enhance user experience and security.
Stay informed about the latest developments in crypto wallets to ensure your digital assets remain secure! 💪
@Nightminer
❤️ LIKE 🫂 FOLLOW 🗳 RESHARE
⌨️ SHARE your thoughts! Your support helps us keep delivering the latest and greatest in crypto updates. Thank you! 🙌
#CryptoWallet #Ledger #Metamask #Security #digitalassets
$BNB $HMSTR $SOL