Crypto gaming and gambling campaigns are the most expensive way to acquire users with existing crypto wallets, ranking highest in cost among all sectors of the crypto industry, recent data shows. “Gaming and gambling campaigns are the most expensive, with a median CPW of $8.74 and a lower quartile of $3.40,” Web3 marketing firm Addressable co-founder Asaf Nadler said in a recent report posted on X. CPW, or cost per wallet, is deemed a higher “quality” metric because it tracks the cost of website visitors with a crypto wallet already…
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Unstoppable Domains Launches Metamask Snap, Enabling Cross-Chain Name Resolution for 4 Million Users
Unstoppable Domains has announced the launch of Metamask Snap, an integration that allows for cross-chain name resolution for over 4 million users. This new feature enables users to send and receive cryptocurrency using easily recognizable domain names instead of complex wallet addresses, significantly enhancing the user experience within Metamask. The Unstoppable Domains Snap expands Metamask’s […] Source link
Read MoreComputer Scientist: Users Will Value Decentralized Systems More as Web3 Tech Matures
The general public is not actively concerned about whether applications are decentralized because they often cannot tell the difference between centralized and decentralized systems, according to Cais Manai, co-founder of Obscuro Labs. What matters more to them, Manai argues, is how decentralization can address real-world issues. Users Set to Value Decentralized Systems More As an […] Source link
Read MoreMetamask Updates Privacy Policy, Explains When It May Process Users’ IP Addresses
Metamask, the popular Ethereum wallet, has updated its privacy policy. The update provides users with greater transparency and control over their personal data, specifically concerning IP address processing. According to the new policy, Metamask may temporarily process a user’s IP address only when required for certain services, depending on the user’s Metamask settings. This is […] Source link
Read MoreBrave Wallet Integrates Bitcoin Support For Its 60 Million Users
Brave, a privacy-focused web browser with over 60 million users, has rolled out an update to its desktop version (1.63) that introduces support for Native SegWit Bitcoin wallets within its built-in Brave Wallet. Additionally, Brave Wallet now enables users to send and receive from all types of Bitcoin addresses, including Legacy, Nested SegWit, Native SegWit, and Taproot, ensuring compatibility with third-party wallets. #Bitcoin is now available in Brave Wallet on desktop! Just make sure you’re on the latest version of Brave (v1.63) and you’ll see the option in the “Accounts”…
Read MoreTornado Cash users file appeal over judgment in favor of US Treasury
A group of Tornado Cash users has filed an appeal in federal court following a ruling upholding the United States Treasury Department’s decision to add the cryptocurrency mixer to its list of sanctioned entities. In a Nov. 13 filing in the U.S. Court of Appeals for the Fifth Circuit, lawyers representing plaintiffs Joseph Van Loon, Tyler Almeida, Alexander Fisher, Preston Van Loon, Kevin Vitale and Nate Welch argued that the U.S. Treasury “stretched [its] authority beyond recognition” in sanctioning Tornado Cash transactions. The filing came in response to an August…
Read MoreFriend.tech threatens to punish users if they use copycat apps
Crypto’s newest decentralized social media (DeSo) app, Friend.tech, has been met with intense criticism over a decision to punish users who opt to use forks or copycat versions of its tokenized social media platform. “To make sure loyal users are rewarded fairly during our beta, users moving to forks and copies will automatically opt out of earning Points and forfeit existing points,” wrote the official friend.tech X account in an Aug. 28 tweet. We expect @friendtech clones and other types of copies will emerge. To make sure loyal users are…
Read MoreBlockFi opens crypto withdrawals for eligible US users following court order
Many customers at defunct crypto lending firm BlockFi have reported being able to withdraw funds for the first time in months following an order from a United States bankruptcy court. In an Aug. 17 update on X, BlockFi said it had opened withdrawals for wallets of eligible users in the U.S. in accordance with a bankruptcy court order. The lending firm said the withdrawals did not extend to many wallets controlled by international users, but legal proceedings were ongoing. “As authorized by the Court in the Wallet Order, eligible clients…
Read MoreNew Optimism wallet lets users receive crypto via Twitter login
A new wallet that has launched on Optimism allows users to generate an address without storing seed words, and the account can be saved using an ordinary Twitter login. Called “Beam,” the wallet runs in a browser window and requires no downloads, according to a July 27 announcement from its developer. It also allows users to send transactions on Optimism without owning Ether (ETH). INTRODUCING BEAM The first self-custody payments wallet built for the mainstream — no download or signup required. Beam is the easiest way on the planet to…
Read MoreCoinbase’s Base launches mainnet for builders, will onboard users in August
Coinbase’s Base mainnet is now “open for builders,” according to a July 13 blog post from the network’s development team. The team is opening the network to builders ahead of its public launch to allow more time for user onboarding. Base also announced that the public launch of the network will occur in August. Since our testnet launch, we’ve connected with incredible builders and watched their projects thrive on Base. Now it’s time to take the next step: Base mainnet is now open for builders.https://t.co/YvlQxquhvY — Base ️ (@BuildOnBase) July…
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