👀 MetaMask to Start a Wallet Revolution?
BitDegree Insider
September 13, 2023
GM Readers! Your daily dose of BitDegree insights is here 👀
Today’s selection:
💰Crypto Wallet Revolution
⏺️Wednesday Bubbles
😅Unusual & Fun Moments
👌Selected Meme of The Day
📰Bite-Sized News
The Fear and Greed Index offers a generalized view of the current market sentiment. The market feels pretty stable today
MetaMask & Wallet Revolution?
Are You Ready for Wallet Evolution?
MetaMask just rolled out something called “Snaps.” This might snap the rules of how the crypto wallet game has been played until today.
Until yesterday, MetaMask has primarily been used with Ethereum and Ethereum-compatible blockchains like BNB Chain, Polygon, Arbitrum and Optimism.
With the launch of “Snaps," MetaMask is breaking free from this ecosystem (a.k.a. EVM).
Now, the wallet supports Bitcoin, StarkNet, Solana, Aptos, Cosmos, Tezos, and many other networks.
Okay, but what are these “Snaps,” actually?
“Snaps” are plugins that extend the wallet's capabilities, allowing you to add almost anything to MetaMask.
If you're itching to try them out, 34 ”Snaps” plug-ins are up for grabs already. Get them here (Desktop only for now).
What's in these “Snaps”? From transaction verification to enhanced transaction views, it's not just about asset management anymore.
Are These Plugins Safe?
All 34 plugins have been closely inspected by ConsenSys, the largest blockchain developer. But they can still contain errors and vulnerabilities like any Web3 application.
So install them at your own risk. The only upside is that they work in an isolated environment, so your primary MetaMask wallet won't suffer if a plugin has issues.
Looks like, MetaMask is not just a wallet anymore—it's an evolving ecosystem. Once the Beta phase is over, third-party devs can join the party.
Is it really all boiling down to the fact that soon just the MetaMask and Ethereum ecosystems will suffice for 99% of crypto needs?
TL;DR: MetaMask introduced “Snaps.” They are plugins that extend the wallet's capabilities, allowing you to add almost anything to MetaMask.
WEDNESDAY BUBBLES
TON
As you can see, TON has shown a ton of growth. So, why the price surge? Telegram has been up to introducing novelties.
TON Foundation rolled out their TON Space Wallet (handle @wallet in-app) into their messenger.
Currently, it's tucked away in the settings, with a global launch set for November, as per a TON spokesperson.
Hold on, where is this info from?
Ah, the TOKEN2049 crypto conference in Singapore spilled the beans.
Attending these conferences might offer 'predictive' insights, huh? Maybe we've been underestimating the power of networking... or eavesdropping.
UNUSUAL & FUNNY MOMENTS
The day is ablaze with news, so we couldn't help but share some unusual moments with you. For example:
Huobi, the crypto exchange, will be rebranded to HTX.
Sounds… familiar, doesn’t it? Well, let’s hope it only sounds similar to FTX and doesn’t see a similar faith!
Their official X account (or Twitter, as some of us used to call the place) has already changed its name. So, this is kinda official.
Another piece of important news is the fact that uhmm…
The new iPhone 15 has been released.
The #1 question is… How much is it?
Let’s use today’s exchange rates to illustrate it:
BITE-SIZED NEWS
Investigative Report Links Lazarus Group to $55 Million CoinEx Hack. Lazarus Group strikes again.
Ripple CEO Brad Garlinghouse Advises Against Launching Crypto Firms in the US. Ripple CEO says he "would not encourage to start a company" in the US.
Binance.US Reduces Workforce and Parts Ways with CEO Amid Regulatory Challenges. The exchange has recently downsized its workforce by approximately 33%.
Sounds interesting? Find more crypto news on our website:
SELECTED MEME OF THE DAY
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Disclaimer: This newsletter is strictly educational. None of this information is intended to be financial advice. Always do your research and act responsibly with your profits.
