News Tech: Ethereum Software Firm ConsenSys Reveals it Collects User Data The firm said when using Infura as an RPC on MetaMask, a user's IP address and wallet address information would also be collected.

One of the firms behind the Ethereum merge, ConsenSys, said on Thursday that it also collects user data related to its on-chain wallet service MetaMask. The revelation comes days after decentralized crypto exchange (DEX) Uniswap made a similar update to its privacy policy, as reported. ConsenSys said that it collects some data related to user identification, such as contact details, profile information along with some other user data. The firm added that when using Infura, which is the default remote procedure call (RPC) provider, on digital wallet MetaMask, Infura will collect the user's IP address and Ethereum wallet address for transactions. RPC is a protocol for requesting data and information from a program running on a third-party computer server. If a user switches to a different RPC on MetaMask the financial data will not be collected. Blockchain tool developer Infura and the digital wallet MetaMask are both products that are offered by ConsenSys. Meanwhile, Crypto Twitter community members expressed displeasure at the move, which some felt invaded a user's privacy -- one of the core ethos of the crypto space. By Parikshit Mishra, Nov 24, 2022, https://www.coindesk.com/tech/2022/11/24/ethereum-software-firm-consensys-reveals-it-collects-user-data/

vya4slav's Recent Blog Posts

Cybersecurity company Kaspersky reported that ransomware negotiations and payments may soon come to rely less on Bitcoin as a means of payment. The Russian-founded firm attributed this…
2 years ago
El Salvador is doubling down on its bet on cryptocurrencies even in the midst of a bear market. The first country to declare Bitcoin as legal tender is now working on a Digital Asset Issuance Law,…
2 years ago
The Sandbox, an Ethereum-based metaverse game, is kicking off its three-part LAND sale on Thursday in collaboration with popular brands like Tony Hawk, Snoop Dog, and Playboy, among others, the…
2 years ago
Crypto markets wobbled on Monday, with major assets feeling continuing nervousness over the potential for further market contagion following the collapse of the FTX exchange. In a story…
2 years ago
Uniswap Labs, the development team behind the decentralized exchange Uniswap, said in a newly-released privacy policy that it collects certain on-chain data from its users to continually make…
2 years ago