MetaMask Backlash As It Collects User Data

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n Wednesday, Ethereum (ETH) software firm ConsenSys updated its privacy policy to reflect that the popular crypto wallet MetaMask will be collect user data - a change which has not been well received by the privacy-conscious crypto community. However, co-founder of the wallet said that this will be "fixed soon."

The company collects various types of user data through the aforementioned sites, including identity information (name, username, gender, date of birth), profile information (including username and password), contact details, financial transaction history, and more.

There is data that is collected automatically, such as log data and browsed pages and features on ConsenSys websites, as well as information obtained from other third-party sources.

The company has appointed a Data Protection Officer to make sure it follows data protection laws.

Some users were upset when they learned that MetaMask was changing its policy to allow the use of their IP addresses. However, co-founder Dan Finlay jumped in to explain that the addresses are not actually being used for anything.

He wrote, I think we can get this fixed soon. We are not using IP addresses even if they are being temporarily stored, which they don't need to be, as we're not using them for anything.

Finlay went on to explain that, in his opinion, since it is not being used, it is "not actually worth freaking people out," so correcting it should be a simple matter. As for how soon that could be, he said that it would have to be after the holiday”.

Mike

An editor at Coincrop

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Mike is a Coincrop staff writer based in the UK, covering the best rates for cryptocurrency earning and borrowing products. When not at work, he's likely putting his latest car project back together.