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- 💻 MetaMask Wants YOUR IP Address
- 🏝️ Post FTX: Bananas In The Bahamas
- 😢 Crypto founder of Amber Group unexpectedly dead at 30
AND NOW THE NEWS
MetaMask Wants YOUR IP Address
Welp, looks like another privacy-protected tool is flipping on us. ConsenSys, the company behind MetaMask, stated on November 23rd it will start collecting user IP addresses and ETH wallet addresses if using RPC’s via their own Infura protocol. This move is reportedly to satisfy KYC and anti-laundering requirements, among other reasons. It was also noted if a user uses a third-party RPC or personal nodes, this information will not be collected. However, the red alerts have been sounded by the community already, even in the face of ConsenSys claiming this data collection will not be used for monetization:
1/3
Alright this Metamask privacy lapse is yet another dumb move from Consensys.
Shill me your best easy self-hosted nodes either hardware or SaaS service.
Whichever I pick, I’ll give away a few freebies of, to at least 3 people who retweet this to promote privacy!
— Adam Cochran (adamscochran.eth) (@adamscochran)
Nov 24, 2022
@MetaMask@infura_io Really poor timing to change anything. Especially with so many people actively looking into self custody.
It only makes it worse that you collect data just to have it. I’m disappointed.
— Uniquely NFT (@UniquelyNFT)
Nov 24, 2022
There’s one thing I’m afraid of here, and it’s the fact that we lose privacy and EVENTUALLY monetization, no matter what ConsenSys is claiming right now. I’m hoping this isn’t the moment other protocols/companies come out with the same policy…
Written by: nikethereum.eth / Medium / Mirror
Post FTX: Bananas In The Bahamas
FTX’s spectacular implosion sent ripples which was felt by all through the cryptoverse, but has also hit the people of the Bahamas, where FTX was headquartered. According to a report in the WSJ, the island nation initially welcomed FTX with it’s lax and favorable crypto laws and eventually the locals became the supporting cast for FTX employees. Catering, security, transportation, event planning, logistics and many more services were required and the locals began taking up these jobs, creating a micro-economy revolving around the disgraced exchange. Now with the collapse, the once bustling area around FTX HQ is barren, with jobs disappearing right along with it, and locals are not happy. However, some of the crypto community are feeling zero sympathy with the nation, stating their pre-disposition to be a haven for those wanting to evade taxes “serves them right” for this situation they provided.
It is unfortunate for the locals, who are only trying to make a living in a third-world nation. Taking advantage in order to feed themselves and their families isn’t wrong. And although the FTX collapse is a direct cause of unemployment for those locals, there isn’t much recourse here. All they can do is start over, hoping another high-end business comes to town to reduce cost and taxes and, in turn, boosts their economy again.
Written by: nikethereum.eth / Medium / Mirror
This Issue Sponsored by The Future of Crypto Conference
AND BACK TO THE NEWS
Crypto founder of Amber Group unexpectedly dead at 30
Amber Group, an Hon Kong-based digital asset company, announced on their website that Tiantian Kullander had passed away. He is said to have died of natural causes in his sleep on November 23, 2022.
"Tiantian (or "TT", as he was lovingly known) was instrumental to the founding of Amber and a pillar of our success. He put his heart and soul into the company, in every stage of its growth. He led by example with his intellect, generosity, humility, diligence and creativity," the company said in a statement.
In addition to founding Amber, he served as CEO of Fnatic, a digital sports firm, and he founded KeeperDAO, a on-chain liquidity provider.
Written by: WarBiscuitNFT
One Last Thing...
gm legends 🫡
— MrMimi ⭕️ (@MrMimiEth)
Nov 28, 2022
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