MetaMask privacy updates: What users should know

    2024.06.18 | exchangesranking | 35onlookers

    Consensys, the company behind MetaMask, has updated its privacy policy to improve user consent, transparency, and control of their personal data.

    According to a press release shared with Cointelegraph, the changes aim to apply greater privacy and security measures for users of Consensys’ services, including MetaMask. 

    “As a blockchain software company whose mission is to unlock the collaborative power of communities by making Web3 universally easy to use, access, and build on, we understand how much privacy matters.“

    Related: MetaMask enables pooled staking for Ethereum holders

    Key changes

    Consensys made several significant updates to its privacy policy, granting internet protocol (IP) address processing transparency, expanding its scope, and improving user data management.

    “For IP addresses in particular, we may temporarily process your IP address only where required for some of our Services (depending on your MetaMask settings) to provide the best possible experience for MetaMask users. This includes, for example, the prevention of DDoS attacks."

    The privacy notice now covers MetaMask Institutional, MetaMask Developer, Linea, Teku, Besu, and Phosphor and includes new opt-out functionality for users who value privacy.

    "If users wish to further limit the collection of their device and usage information, users could consider the use of virtual private networks, or ‘VPNs’."

    Related: Crypto the ‘hardest thing’ in software history — Consensys CEO

    New MetaMask privacy features

    MetaMask, as part of Consensys’s services, has introduced new user control and privacy features, allowing users to configure their wallets according to their privacy preferences.

    “We have continued to expand the range of features where we provide granular choice through advanced settings that users can access and configure from the moment they onboard, and at any point thereafter.”

    The new features include disabling or enabling security alerts, auto-detection of tokens and non-fungible tokens (NFTs), and improved remote procedure call (RPC) configuration. 

    Related: Exclusive: Joe Lubin unpacks SEC battle, Ethereum roadmap and Vitalik Buterin

    Mask on…mask off 

    In addition to the new MetaMask features, the company's privacy notice also included a transparent summary of what the firm does and does not do with “MetaMask user information.”

    “[MetaMask] do not collect your private keys [...] do not sell your personal information [...] do not collect or retain Personal Information unless necessary to provide you the Services and [...] do not collect financial payment or banking information.” 

    Consensys also clarified that the firm had removed Codefi and Quorum from the scope of the privacy notice.

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