{"id":184515,"date":"2023-10-31T20:24:54","date_gmt":"2023-10-31T14:54:54","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=184515"},"modified":"2023-10-31T20:24:54","modified_gmt":"2023-10-31T14:54:54","slug":"metamask-and-blockaid-team-up-to-boost-wallet-security-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/metamask-and-blockaid-team-up-to-boost-wallet-security-crypto-news\/","title":{"rendered":"MetaMask and Blockaid Team Up to Boost Wallet Security – Crypto News"},"content":{"rendered":"

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MetaMask<\/span><\/a>, the popular crypto wallet, has joined hands with security firm Blockaid. This alliance seeks to enhance security for its desktop users, initially, with mobile users soon to follow.<\/span><\/p>\n

MetaMask Introduces Offline Transaction Validation Feature<\/strong><\/h2>\n

Blockaid, a security startup created by former members of Israel\u2019s esteemed Unit 8200 cyber intelligence unit, recently made headlines with a robust $33<\/span> million funding round<\/span><\/a>. Significantly, MetaMask was disclosed as one of its primary inaugural customers. With this partnership, they introduce an innovative feature: the Privacy Preserving Offline Module (PPOM).<\/span><\/p>\n

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B\u00e1rbara Schorchit, a senior product owner at MetaMask, offered insights into how the PPOM functions. She emphasized its offline nature, which allows it to simulate and validate transactions and signatures before getting a nod of approval. Additionally, it operates using only node RPC communication requests to a predetermined node provider. Hence, no data makes its way to an external server, ensuring enhanced privacy for users. Moreover, Blockaid\u2019s dApp scanning solution can assess a dApp\u2019s intentions, discerning if it or its interactions are malicious.<\/span><\/p>\n

Users opting for this feature during its initial phase will receive alerts for potentially harmful transactions. By November\u2019s end, mobile users of MetaMask can also experience these heightened security measures. However, the ultimate goal, as Schorchit noted, is to have the feature effortlessly integrated into the wallet by early 2024, making it standard for all MetaMask users. This gradual implementation aims to eliminate the chances of \u201cfalse positives,\u201d ensuring users can trust this addition.<\/span><\/p>\n

Blockaid and MetaMask Enhance Crypto Safety<\/strong><\/h2>\n

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According to data from Blockaid, about one in ten dApps are malicious. This alarming statistic underscores the necessity for enhanced security measures, especially as nearly half of global respondents in a recent Consensys survey cited frequent scams as a significant deterrent to entering the crypto world. Ido Ben-Natan, Blockaid\u2019s Co-founder and CEO, expressed his enthusiasm about collaborating with MetaMask, emphasizing the shared objective of ensuring safety in the crypto space.<\/span><\/p>\n

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Besides this, a recent <\/span>report by Coingape<\/span><\/a> revealed a noteworthy development. Solana wallet provider now offers a feature allowing MetaMask users to manage their Solana portfolios without hassle, bridging the Ethereum and Solana ecosystems. This integration promises to diminish entry barriers to the Solana ecosystem, thereby enhancing the overall user experience.<\/span><\/p>\n

Read Also:<\/b> FTX & Alameda Move $27 Mln In Crypto Assets, Know More Here<\/span><\/a><\/p>\n

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Maxwell is a crypto-economic analyst and Blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. I write extensively on topics such as blockchain, cryptocurrency, tokens, and more for many publications. My goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good. <\/p>\n<\/p><\/div>\n

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

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MetaMask, the popular crypto wallet, has joined hands with security firm Blockaid. This alliance seeks to enhance security for its desktop users, initially, with mobile users soon to follow. MetaMask Introduces Offline Transaction Validation Feature Blockaid, a security startup created by former members of Israel\u2019s esteemed Unit 8200 cyber intelligence unit, recently made headlines with […]<\/p>\n","protected":false},"author":2,"featured_media":174246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-184515","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=184515"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184515\/revisions"}],"predecessor-version":[{"id":184517,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184515\/revisions\/184517"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/174246"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=184515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=184515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=184515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}