cc.Link
  • Home
  • News
  • NFT
  • Videos/Tips
  • Mining
    • How to Mine Bitcoin
    • Top Mining Software
    • Mining Articles
  • Tools
    • Live Crypto
    • Free Wallet
  • Live
  • Marketplace
  • Contact us
No Result
View All Result
cc.Link
  • Home
  • News
  • NFT
  • Videos/Tips
  • Mining
    • How to Mine Bitcoin
    • Top Mining Software
    • Mining Articles
  • Tools
    • Live Crypto
    • Free Wallet
  • Live
  • Marketplace
  • Contact us
No Result
View All Result
cc.Link
No Result
View All Result
Home News

iPhone Users Score Apple Pay Integration With Popular Crypto Wallet MetaMask

ccLink by ccLink
March 30, 2022
in News
0
iPhone Users Score Apple Pay Integration With Popular Crypto Wallet MetaMask
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

MetaMask announced Apple Pay integration and gasless transactions in version 4.3.1 of its mobile app on March 29, 2022.

Since Apple Pay does not directly support cryptocurrency payments, the MetaMask app will support crypto transactions via the Wyre app’s Application Programming Interface (API) integration with Apple Pay. Additionally, crypto purchases up to $400 can now be made with debit or credit cards via the Wyre API, foregoing the necessity of transferring ETH into the app first, similar to how MetaMask integrates with Transak. Before using Wyre or Transak, customers must fill out Know-Your-Customer details.

MetaMask is a non-custodial wallet launched in 2016 to buy Ethereum tokens. It is used extensively to mint and purchase non-fungible tokens on Ethereum. A non-custodial wallet allows users to retain exclusive knowledge of public and private keys (special strings of numbers) used for transacting, instead of ceding them to a cryptocurrency exchange like Binance or Coinbase, that manage the keys on behalf of users.

Using MetaMask on Layer-1 blockchains like Ethereum attracts gas fees, the costs of transacting on the blockchain. ConsenSys, the company behind MetaMask, insists that it does not benefit from these layer-1 costs. However, they do take a 0.875% cut from each transaction. When private blockchains pay for a user’s gas on their behalf, these are considered “gasless” transactions, a feature also released in version 4.3.1 of the MetaMask app.

Unflattering comparisons made in report by blockchain company

MetaMask came under scrutiny in early 2021 on the back of a report entitled “Unmasking MetaMask,” released by Freight Trust, a freight and trading logistics blockchain network. The report claimed that ConsenSys prioritized commercial gains over end-user safety, highlighting the 0.875% fee added to swap costs and gas prices, unheard of at an exchange like 1inch. The blog also claimed that MetaMask kept plaintext records of its trade data, potentially exposing users to phishing attacks.

MetaMask surpassed 30 million monthly activate users in January 2022, up 42% in four months. “A global user base relies on MetaMask to mint and collect NFTs, join [Decentralized Autonomous Organizations], and participate in DeFi [decentralized finance] protocols. The United States, the Philippines, Brazil, Germany, and Nigeria represent some of MetaMask’s most active markets,” said ConsenSys in a public statement approximately two weeks ago.

MetaMask’s primary competitors are Coinbase Wallet, MyEtherWallet, StakedWallet.io, Trust Wallet, Exodus, HyperLedger, Electrum, and Jaxx in the retail wallet space. Metamask, Coinbase, and Jaxx wallets were recently implicated in a scam discovered by cybersecurity firm ESET, targeting Chinese users. The fake apps procured access to secret seed phrases to redirect cryptocurrency funds. Trojan horse apps targeted Android users without installed wallet apps. In contrast, iOS users could simultaneously install the real wallet app and a fake wallet app.

What do you think about this subject? Write to us and tell us!

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

View Source

Did you like this post? Consider donating to us.

[crypto-donation-box]

Related articles

Crypto Whales Believe These Altcoins Will Take the Crypto World by Storm – Find Out Why

Crypto Whales Believe These Altcoins Will Take the Crypto World by Storm – Find Out Why

February 2, 2023
Okx to Launch Okx Collective, a Metaverse Experience Powered by Manchester City Soccer Players

Okx to Launch Okx Collective, a Metaverse Experience Powered by Manchester City Soccer Players

February 2, 2023
Tags: bitcoiniphoneUsers
Share76Tweet47

Related Posts

Crypto Whales Believe These Altcoins Will Take the Crypto World by Storm – Find Out Why

Crypto Whales Believe These Altcoins Will Take the Crypto World by Storm – Find Out Why

by ccLink
February 2, 2023
0

Trent Rhode / Midjourney AICathie Wood and her firm, Ark Invest, are making the news with their latest cryptocurrency forecast....

Okx to Launch Okx Collective, a Metaverse Experience Powered by Manchester City Soccer Players

Okx to Launch Okx Collective, a Metaverse Experience Powered by Manchester City Soccer Players

by ccLink
February 2, 2023
0

Okx, one of the largest cryptocurrency exchanges in the market, has announced the launch of its soccer-focused metaverse experience, called...

Winz Casino Review: Bitcoin & Cryptocurrency Casino

Winz Casino Review: Bitcoin & Cryptocurrency Casino

by ccLink
February 2, 2023
0

The Winz Casino is a new online crypto casino offering that was first opened in 2020. It is under the...

Indonesia to unveil national crypto exchange by June

Indonesia to unveil national crypto exchange by June

by ccLink
February 2, 2023
0

The crypto landscape in Indonesia could see a national crypto exchange before the end of June this year. Indonesia initially...

Biggest Movers: LTC Races to 9-Month High, ATOM Extends Recent Gains

Biggest Movers: LTC Races to 9-Month High, ATOM Extends Recent Gains

by ccLink
February 1, 2023
0

Litecoin raced to a nine-month high on Feb. 1, following a breakout of a key resistance level. The surge in...

Load More
  • Trending
  • Comments
  • Latest

Bed Bath & Beyond: A Retail Revolution in Home Essentials!

February 2, 2023
Crypto exchange Gate.io to provide Pyth Network with price data

Crypto exchange Gate.io to provide Pyth Network with price data

November 25, 2021
Celsius Network Raises $400M Led by Canada’s 2nd Largest Pension Fund to Reassure Regulators

Celsius Network Raises $400M Led by Canada’s 2nd Largest Pension Fund to Reassure Regulators

November 20, 2021
You Are The Carbon They Want To Reduce

You Are The Carbon They Want To Reduce

April 11, 2022
AMC CEO Proudly Declares That the Company Now Accepts Various Cryptocurrencies as Online Payment

AMC CEO Proudly Declares That the Company Now Accepts Various Cryptocurrencies as Online Payment

0
New york city’s Incoming Mayor Wants to Be Paid in Bitcoin (At Least Temporarily)

New york city’s Incoming Mayor Wants to Be Paid in Bitcoin (At Least Temporarily)

0
International Money Laundering Watchdog Says Uh, Yeah, Better Regulate Cryptocurrency

International Money Laundering Watchdog Says Uh, Yeah, Better Regulate Cryptocurrency

0
No, Putin Isn’t Embracing Cryptocurrency Just Yet

No, Putin Isn’t Embracing Cryptocurrency Just Yet

0
CleanSpark Mines Record 697 Bitcoin In January, A 50% Increase Since December

CleanSpark Mines Record 697 Bitcoin In January, A 50% Increase Since December

February 3, 2023
Crypto Whales Believe These Altcoins Will Take the Crypto World by Storm – Find Out Why

Crypto Whales Believe These Altcoins Will Take the Crypto World by Storm – Find Out Why

February 2, 2023
Okx to Launch Okx Collective, a Metaverse Experience Powered by Manchester City Soccer Players

Okx to Launch Okx Collective, a Metaverse Experience Powered by Manchester City Soccer Players

February 2, 2023
FIO Protocol Launches NFT Domains Wrapped on Polygon

FIO Protocol Launches NFT Domains Wrapped on Polygon

February 2, 2023

Join our mailing list

Tags

ADA altcoin altcoin daily altcoins Binance bitcoin bitcoin analysis bitcoin crash bitcoin live bitcoin news bitcoin news today bitcoin prediction bitcoin price bitcoin price prediction bitcoin today Blockchain btc btc news btc price buy bitcoin Cardano Crypto crypto crash Cryptocurrency cryptocurrency news crypto market Crypto Monnaie cryptomonnaie Crypto News crypto news today DEFI Dogecoin ETH Ethereum Finance investing metaverse Money news nft Ripple Shiba inu Solana trading xrp

© 2022 CC.LINK

No Result
View All Result
  • Home
  • News
  • NFT
  • Videos/Tips
  • Mining
    • How to Mine Bitcoin
    • Top Mining Software
    • Mining Articles
  • Tools
    • Live Crypto
    • Free Wallet
  • Live
  • Marketplace
  • Contact us

© 2022 cc.Link.