The Backlash of MetaMask Stealing Users’ Data

Share This Post

MetaMask users took to Twitter to voice outrage concerning the crypto and NFT wallet stealing the data of its Infura users without consent

On November 23, 2022, ConsenSys published the most recent version of MetaMask’s privacy policy. The document states that if users’ use Metamask’s default third-party Remote Procedure Call (RPC) provider, Infura, information on the users’ IP and Ethereum wallet addresses are collected.

Quick Take: 

  • MetaMask’s privacy policy states it collects Infura users’ private information during transactions.
  • The crypto and NFT community took to Twitter to voice concerns (and rightly so).

MetaMask’s New Privacy Policy – Important Elements

MetamMask’s privacy policy states that ConsenSys—the blockchain venture studio supporting numerous projects within the Ethereum ecosystem—is collecting the private data of MetaMask’s Infura users.

This new policy states:

As you can see, MetaMask will collect all Infura users’ identity. This includes contact, profile, financial, marketing, and technical information.

Considering there are 21 million monthly active users, many Infura members will be affected. Whether they like it or not.

Twitter Backlash and Final Thoughts

This new policy is said to help MetaMask to adhere to laws, such as know-your-customer (KYC) and anti-money laundering (AML) regulations—to minimize the risk of anonymous NFT and crypto traders.

Nevertheless, the wallet takes this data without consent. So, many users are taking to the social channel to voice their concerns (and we don’t blame them):

Unsurprisingly, other crypto wallet companies are jumping on the bandwagon to gain more traction:

Whereas other users are taking to the social channel to direct people about how to better protect themselves, without leaving the crypto and NFT wallet entirely:

After receiving a large amount of backlash, the MetaMask team responded with a rather counterproductive tweet that did not help matters:

Yet again, Twitter hasn’t failed us regarding NFT and crypto-related news and drama.

If the team behind the crypto wallet proceeds to act abruptly and insensitively, it looks like MetaMask’s success may be on the line.

Subscribe to the NFT Lately newsletter to receive news covering the latest NFT-related drops, releases, reviews, and more.

spot_img

Related Posts

Void 2122 to Unlock a New Era of Combat Card Gaming with NFTs

The pioneering force in the Web3 landscape, Void 2122,...

Magic Eden Adopts Solana’s Compressed NFTs

Magin Eden, the distinguished NFT marketplace, recently announced its...

Friend.tech Returns With Surging NFT Trading Volumes

Friend.tech, the decentralized social media app, has shown an...

CoinMarketCap and HELLO Labs to Premiere TV Series, Killer Whales

An official trailer for the Web3 television series 'Killer...

Machi Proposes 11M $APE Sends NFTs to Museums Worldwide

An intriguing week-long vote surrounding OG NFTs kick-started today! Machi Big Brother,...

Related Posts

Create Your Own NFT – Straightforward Minting Process

Want to create your own NFT? Follow this straightforward...

HUGO BOSS and Imaginary Ones Come Together to Launch an NFT Collection 

Hugo Boss, a globally recognized German-born fashion brand, is...

How to Easily Install Metamask

A straightforward guide for installing and using Metamask All members...

Ordinals Enable Creation of ‘BRC-20’ Meme Tokens on Bitcoin

Enthusiasm for Bitcoin NFTs intensifies as one individual discovers a way...

Machi Proposes 11M $APE Sends NFTs to Museums Worldwide

An intriguing week-long vote surrounding OG NFTs kick-started today! Machi Big Brother,...

Unwrapping DoodleMAP: The Ultimate Guide to Doodles’ Future

Doodle enthusiasts can now get a quick glimpse into...