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ConsenSys updates policy to collect IP addresses from MetaMask

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ConsenSys updates policy to collect IP addresses from MetaMask

ConsenSys updates policy to collect IP addresses from MetaMask Zeynep Geylan · 5 hours ago · 1 min read

Users’s IP address and Ethereum address will be collected when they send a transaction.

1 min read

Updated: November 24, 2022 at 11:48 am

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Cover art/illustration via CryptoSlate

MetaMask developer ConsenSys updated its privacy policy on Nov. 24 to start tracking MetaMask users’ IP addresses and Ethereum addresses when they send a transaction.

The update applies to users who use Infura as their Remote Procedure Call (RPC) provider in MetaMask. Infura is an affiliate of ConsenSys and is set as the default RPC provider in all MetaMask wallets.

The update also informs that if users change their RPCs from Infura to another provider, their data won’t be collected by ConsenSys. Still, they will be subject to whatever information collection policy is performed by the RPC provider of their choice. The updated ConsenSys privacy policy states:

“When you use Infura as your default RPC provider in MetaMask, Infura will collect your IP address and your Ethereum wallet address when you send a transaction.

However, if you’re using your own Ethereum node or a third party RPC provider with MetaMask, then neither Infura nor MetaMask will collect your IP address or Ethereum wallet address”

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Other options

Crypto sleuth @CryptoSnooper_ shared the news on his Twitter account and said users could either switch to another wallet or change their RPC providers to dodge the update.

CryptoSnooper suggested Trust Wallet (TWT) or Rainbow as alternative wallet providers who don’t currently collect any user data.

Users can choose to change their RPC providers from Infura to another provider as a second option. CryptoSnooper recommended Alchemy and shared a tutorial describing how to change RPC endpoints.

Following Uniswap

ConsenSys’ decision to collect user data came three days after the decentralized exchange Uniswap revealed it started collecting its users’ on-chain data.

The exchange pointed to its desire “to make data-driven decisions that improve user experience.” as the main reason behind this decision.

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Best Buy

Ledger Reveals New Crypto Hardware Wallet Designed By IPod Creator Tony Fadell

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Ledger Reveals New Crypto Hardware Wallet Designed By IPod Creator Tony Fadell

On Tuesday, the hardware wallet manufacturer Ledger announced the launch of a new device called Ledger Stax. The machine was designed by iPod creator, Tony Fadell, and the France-based firm Ledger says the new device was built with “uncompromisingly secure architecture.”

iPod Creator Tony Fadell Partners With Ledger to Launch a New Crypto Hardware Wallet Called Stax

Ledger has revealed a new hardware wallet that’s roughly the same size as a credit card. Ledger Stax also features an e-ink touch screen that’s customizable and offers capacitive touch. The France-based crypto hardware wallet manufacturer is well known for creating hardware wallets such as the Nano. Similarly, Stax allows users to secure their cryptocurrency assets and non-fungible tokens (NFTs) in a EAL 5+ certified secure element-equipped setting.

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The new machine was designed by Tony Fadell, an American engineer and former senior vice president of the iPod division at Apple. Reports explain that in 2001, Apple supported Fadell’s idea to create an MP3 player and online music store. That year, Fadell was hired to assemble and run the iPod and special projects division in April. Beside’s the iPhone, Apple’s iPod was one of the company’s most successful products. Fadell claims as far as crypto hardware wallets are concerned, he tested a number of competitors.

“Digging into Ledger’s proven security technology and trying all the ‘best’ hardware wallets out there convinced me to build a next-gen device with Pascal, Ian, and the amazing Ledger team,” Fadell explained in a press release sent to Bitcoin.com News. “We need a user-friendly…no! A ‘user-delightful’ tool, to bring digital asset security to the rest of us, not just the geeks,” Fadell added.

According to the press release, the Stax “battery can last for weeks or even months on one battery charge.” Further, Stax offers Qi wireless charging and a magnet array for magnetic stacking. The new hardware wallet leverages a USB-C connection to connect to a computer and Bluetooth technology so it can connect with Ledger’s mobile application. “The new user interface enables clear, intuitive interaction,” Ledger noted on Tuesday. The company added:

Out of the box, Ledger Stax lets you manage your NFT collection and over 500 coins and assets.

“Tony Fadell has both the circuit board and the billboard in mind when he builds a product,” Ian Rogers, the chief experience officer at Ledger said on Tuesday. “With Ledger Stax we have made a device which is cool, beautiful, and fun.” According to the hardware wallet manufacturer, Stax will be available to the general public by March 2023 and Ledger is currently taking pre-orders. Ledger also says that beyond the sale on its website, select retailers like Best Buy will also carry the Stax device.

Tags in this story

Best Buy, Bitcoin, crypto assets, Cryptocurrency Assets, Digital Assets, Hardware wallet, Hardware Wallet Manufacturer, Hardware Wallets, iPod Creator, Ledger Stax, Ledger’s mobile application, magnet array, MP3 player, nft, NFTs, Non-fungible tokens, Qi wireless charging, select retailers, Stax, Stax battery, Stax device, Tony Fadell

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What do you think about Ledger’s new hardware wallet that aims to launch in March 2023? Let us know what you think about this subject in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

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Image Credits: Shutterstock, Pixabay, Wiki Commons, editorial photo credit: Ledger Wallet

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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privacy

Infura co-founder: MetaMask IP collection backlash is blown out of proportion

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Infura co-founder: MetaMask IP collection backlash is blown out of proportion

Infura co-founder: MetaMask IP collection backlash is blown out of proportion Samuel Wan · 7 hours ago · 2 min read

Michael Wuehler said threats to privacy via MetaMask collecting IP addresses are exaggerated. He advocates users run their own node to circumvent the issue, but then concedes this is not a practical solution for all.

2 min read

Updated: December 5, 2022 at 3:29 pm

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Cover art/illustration via CryptoSlate

The co-founder of endpoint provider Infura, Michael Wuehler, said the fuss about MetaMask collecting IPs is “vastly blown out of proportion.”

Agree.. it’s also incredible for millions to install MM and instantly witness and participate in web3. Our knowledge of IP address data and somehow exploiting that is vastly blown out of proportion. Simple solution, run your own node.

— wuehler.eth 🦇🔊 (@wuehler) December 4, 2022

MetaMask backlash

On Nov. 24, MetaMask developers ConsenSys updated its privacy policy to notify users that it will track IP addresses upon sending transactions. This applies to users who leave the default Remote Procedure Call (RPC) setting as Infura.

RPC is a method for dApps, such as wallets, to communicate via a distributed system with the blockchain, enabling interaction with the network.

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The notice mentioned that users could change the setting to another RPC provider. But they will still be subject to the data collection policies of the amended provider.

In response, crypto community members warned of the threat to personal privacy.

Author of Understanding the Crypto Economy, Panos Mekras, echoed Wuehler’s point on running an Ethereum node to protect IP addresses. He also recommended changing the RPC provider to 1RPC; other providers are available.

However, Mekras said he would soon be ditching MetaMask in favor of another wallet.

Quoting Ethereum co-founder Vitalik Buterin, @0xjones said users running their own node is a “weird mountain man fantasy” in that the technical aspect of doing so is “not part of Eth culture.”

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And now Infura is collecting peoples IP and Eth Addresses with MetaMask. It is not part of Eth culture to actually own and run your own node but to have Infura own it for you. Even Vitalik says owning your own node is ‘weird mountain man fantasy’ https://t.co/yhxuFr6Nm6

— jones (@0xjones) December 3, 2022

Similarly, @bradmillscan pointed out that most Bitcoin users do not run a node, adding that he has doubts about MetaMask and Infura’s parent company ConsenSys, insofar as their scope to surveil the Web3 and DeFi spaces.

Privacy threat exaggerated, said Wuehler

In response to the backlash, Wuehler expressed frustration that “Infura has been vilified for years,” adding that the hostility is unjustified due to being based on misunderstandings.

1/ Infura has been vilified for years, and it’s frustrating. We’ve never deserved it and all of the bad intentions placed on us are misguided..somehow the lesser alternatives who’ve sprung up over the years are immune? You love that Ethereum and other networks are used..

— wuehler.eth 🦇🔊 (@wuehler) December 4, 2022

Although Wuehler suggested users run their own node, as he does, he admitted that this option is not feasible for everyone. Strangely, he also disclosed, “my own Metamask doesn’t use Infura.”

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Nonetheless, “Infura isn’t the villain” here. Instead, the company’s goal is to make blockchain a success, said Wuehler.

The founder of Boxmining, Michael Gu, warned the situation might be worse than thought. Having read the Terms of Service, Gu said it is possible MetaMask logs IPs when opening the wallet, not just when sending a transaction.

According to the TOS, it’s possible that Infura (Metamask default) doxxes your IP upon login – rather than when sending a transaction. This means it might be almost impossible to avoid accidentally Doxxing yourself.

TL;DR Don’t use metamask.

— Boxmining (@boxmining) November 28, 2022

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Apple

Coinbase Wallet says Apple requested 30% of all NFT transfer gas fees

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Coinbase Wallet says Apple requested 30% of all NFT transfer gas fees

Coinbase Wallet says Apple requested 30% of all NFT transfer gas fees Oluwapelumi Adejumo · 6 hours ago · 1 min read

Coinbase Wallet wrote that Apple’s request was “clearly not possible,” adding that “Apple’s proprietary In-App Purchase system does not support crypto.”

1 min read

Updated: December 1, 2022 at 6:12 pm

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Cover art/illustration via CryptoSlate

Coinbase Wallet on Dec. 1 revealed that Apple blocked its last application update and requested 30% of all NFT transfer gas fees.

You might have noticed you can’t send NFTs on Coinbase Wallet iOS anymore. This is because Apple blocked our last app release until we disabled the feature. 🧵

— Coinbase Wallet (@CoinbaseWallet) December 1, 2022

According to the crypto wallet service provider, this was why its users couldn’t send NFTs via their iPhones anymore.

Coinbase wallet wrote that Apple’s request was “clearly not possible,” adding that “Apple’s proprietary In-App Purchase system does not support crypto.

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The crypto wallet service provider described Apple’s 30% request as an attempt “to take a cut of the fees for every email sent over open Internet protocols.”

Coinbase Wallet said:

Apple has introduced new policies to protect their profits at the expense of consumer investment in NFTs and developer innovation across the crypto ecosystem.”

The “Apple Tax”

The crypto community had previously expressed concerns over Apple’s 30% cut on NFT sales made via in-app purchases.

In October, the tech giant said developers would be allowed to issue NFTs on their apps.

However, these NFTs cannot be used to unlock new features or content. Apple also said developers could optimize their apps to facilitate cryptocurrency transactions on only licensed exchanges.

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The crypto community reacted negatively to this news, with Epic Games CEO Tim Sweeney saying, “Apple’s motivations are only money.”

Apple’s 30% fee was introduced in 2008 by CEO Steve Jobs. The tech firm takes a reduced fee of 15% fee from developers earning less than $1 million annually.

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