Skip to main content

MetaMask: Apple Pay integration and more iOS updates



 MetaMask informed iPhone and Apple Pay users about some innovations via Twitter on Tuesday. The main new feature makes it possible to buy cryptocurrencies with a debit or credit card via the mobile application. As a result, Ether ( ETH ) no longer has to be transferred from a central exchange such as Coinbase to the application. 


MetaMask uses two payment gateways, Wyre and Transak, to offer debit and credit card transactions. Thanks to the Wyre API, users can now use stored Visa and Mastercards with Apple Pay to buy ETH. They can deposit a maximum of $400 into their wallets daily. Gas fees to be lower According to MetaMask's Twitter posts, some transactions can even be entirely fee-free if performed on a private blockchain or if a project pays the gas fee on behalf of the user. MetaMask has stated that the company does not benefit from gas fees on ETH purchases.


For some time now, you can buy the stablecoins Tether ( USDT ), USD Coin ( USDC ) and Dai ( DAI ) on the Ethereum mainnet in MetaMask via Transak. With the latest addition, users can make transfers and use credit/debit cards to buy cryptocurrencies with over 60 global currencies. Users in the US can now also buy Fantom and Avalanche tokens, the company announced . Exactly which payment methods are available and which fees apply differs from region to region. 


James Beck, director of communications and content at ConsenSys, told Cointelegraph the purpose of these updates is to improve accessibility and make things smoother. "We wanted to give users more options to convert cryptocurrencies within the app itself without having to leave it," said Beck. He also said more integrations are coming soon that will "maximize" those options and "slim" the buying of cryptocurrencies.


MetaMask also tweeted about another "major" security update related to token sending. Unlike simply transferring ETH to a recipient address, the tokens are sent to a contract address that contains instructions on how to transfer a specified amount of tokens to a recipient address. Users can now "clearly see which contract is requesting approval" and tag and save it. 


MetaMask has previously warned on Twitter that users should "be careful when interacting with contracts" and approve a specific address to move those tokens. It said the token approval could lead to asset theft. The only way to protect yourself is to revoke the token approval. 



In addition, MetaMask has introduced the Apple Dark Mode by popular request. Beck claimed that night mode and tokens were the most requested by users. Night mode is automatically enabled in the app if the user's iPhone operating system has night mode enabled for the entire system. The company tweeted that night mode for the MetaMask extension would be "coming soon"


Recently, MetaMask acquired the Ethereum wallet interface provider MyCrypto to combine the technologies and eventually merge with the MetaMask wallet. This merger aims to improve the security of all their products.


My Top Picks
Honeygain - Passive earner that pays in BTC or PayPal
MandalaExchange -The Best no KYC crypto Exchange! 
BetFury - Play And Earn BFG for daily Bitcoin and ETH dividends!
Pipeflare - Faucet that pays in ZCash and Matic, Games pay in DAI
Womplay - Mobile dApp gaming platform that rewards in EOS and Bitcoin
Cointiply - The #1 Crypto Earning Site
Torum - Join the latest Social Network and earn TRM for Free! 
LiteCoinPay - The #1 FaucetPay earner for Litecoin 
LBRY/Odysee - YouTube Alternative that lets you earn Money by viewing videos!
FaucetPay - The #1 Microwallet Platform
FREEBTC - The #1 FaucetPay earner for Satoshi's
FaucetCrypto - An earning/faucet site that pays out instantly
FireFaucet - An earning site that pays better for some than Cointiply
DogeFaucet - Dogecoin Faucet
xFaucet - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, FEY - Claim every 5 minutes
Konstantinova - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BNB, ZEC, USDT, FEY, 25 Claims Daily

Comments

Post a Comment

Popular posts from this blog

From offchain to offchain: Statechains meets Lightning

  Without a doubt, the most significant off-chain Bitcoin solution is the Lightning network. But in its wake, the statechain has emerged as an intriguing replacement. There is currently a proposal to link the two offchain networks. From an ocean, for example, you can see sunbeams glistening in the water, waves rippling, and possibly a jellyfish drifting toward the light. But you only see a small portion of it. The distance from the sea's surface to its bottom is hundreds of meters. It has dozens of different fish species swimming in it, crabs and starfish crawling on the bottom, shells clinging to rocks, and sea plants climbing up. A completely new world starts where your gaze diverges. You can picture a blockchain like Bitcoin, just like the sea. What you see on the outside is only a small portion of what is actually there; the set of UTXOs (coins) and transaction history that full nodes store are just the beginning of a much larger world. It's the plan, at least. With Bitcoin
Post a Comment
Read more

MSP Recovery and Tokenology aim to optimize healthcare with the help of Polygon

  MSP Recovery LLC, a Miami, US-based healthcare provider with an estimated enterprise value of $32.6 billion, is partnering with Web3 company Tokenology to jointly launch a new blockchain platform called Lifechain. Lifechain wants to leverage the verifiable and transparent nature of blockchain technology to aggregate medical care claims, medical expense reports and patient data and streamline their processing. For this purpose, MSP Recovery launched its own LifeWallet in January, which already has 1 million users. In addition to the wallet and blockchain platform, an associated crypto token called LifeCoin is also used. The press release explains that the primary purpose of the system is to enable secondary healthcare providers to more effectively bill health insurance companies for their costs. “The number of medical claims tokenized going forward will surpass $50 million per day by 2024. For this we need scalability, security and sustainability, which we have only found with Polygon
Post a Comment
Read more

Phishing attack on popular crypto sites tries to empty wallets

  Several major crypto sites such as Etherscan, CoinGecko, DeFi Pulse, and others report malicious pop-ups scammers use to try to trick users into connecting their MetaMask wallets. The phishing attack came from a domain displaying the Bored Ape Yacht Club (BAYC) logo. "We are investigating the root cause of this attack to fix the threat as soon as possible," CoinGecko founder Bobby Ong tweeted. The phishing attack appears to have been triggered by a malicious ad script from Coinzilla, a crypto ad network, according to CoinGecko. Etherscan also advises its users not to confirm any transactions that may appear on the website. The attackers attempted to use the hype around the “bored monkeys” non-fungible tokens (NFT) to gain access to the cryptocurrencies of unsuspecting website visitors. Although the websites affected by the scam attempt have reacted in the last few hours and deactivated the advertising pop-up, it is still recommended not to connect your MetaMask wallet to ne
Post a Comment
Read more