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MetaMask finally escapes the desktop with new mobile wallet

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Popular Ethereum (ETH) browser wallet MetaMask has launched a mobile application for both iOS and Android.

MetaMask users can now manage their cryptocurrency wallets, store non-fungible tokens (NFTs), sign messages, and play blockchain-powered games from their mobile devices.

Users of the wallet’s desktop browser extension can import their entire transaction history into MetaMask Mobile by scanning a QR code.

MetaMask, which was developed and released by ConsenSys, has exclusively been a Chrome and Firefox extension since launching in 2016. It has been downloaded more than four million times.

ConsenSys describes MetaMask Mobile as “simplifying” the process to begin using decentralized ‘Web3’ applications. Users in 34 countries can purchase Ether directly in the mobile app using debit cards, Apple Pay, and other local payment methods. Dan Finlay, MetaMask founder said:

We are thrilled to provide a browsing experience purpose-built for decentralized applications, and allow users to seamlessly sync with their desktop MetaMask accounts

ConsenSys launched the beta version of MetaMask Mobile in late 2019, quickly attracting an oversubscribed user base of 135,000.

The mobile application features a built-in web browser designed to bolster the security of Web3 users, allowing passwords and keys to be generated directly on a user’s device rather than over the internet.

ConsenSys founder and Ethereum co-creator Joseph Lubin, said:

“What smartphones have done for Web2, we believe MetaMask Mobile will do for Web3.

ConsenSys has also confirmed that it has acquired J.P. Morgan’s private enterprise version of Ethereum, Quorum.



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Ethereum

Bitcoin price rally cools down as Polkadot gains 34% in first week of ‘altseason’

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Bitcoin (BTC) fell below $26,000 on Dec. 29 as fresh fallout from Ripple’s threatened U.S. lawsuit was felt throughout crypto markets.

Cryptocurrency market overview. Source: Coin360

BTC price dips as Coinbase halts XRP trading

Data from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD hitting lows of $25,830 during Tuesday trading.

$27,000 support failed to hold overnight, sparking a retest of lower levels which now center on $26,000. At the weekend, Bitcoin hit all-time highs of $28,400 before swiftly reversing.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

The latest losses come as XRP, the fourth-largest cryptocurrency by market cap, hits $0.23 thanks to major U.S. exchange Coinbase opting to suspend trading from next month. The reason is a lawsuit from the U.S. Securities and Exchange Commission (SEC), which threatens to classify XRP as an unlicensed security and make trading it all but impossible.

“There is going to be a rangebound construction, after which 2021 will most likely break out again,” Cointelegraph Markets analyst Michaël van de Poppe summarized about Bitcoin’s short-term perspectives in a video update on Monday.