Consensys, the company responsible for MetaMask, has recently updated its privacy policy in order to enhance user consent, transparency, and control over their personal information.
As per a press release shared with Cointelegraph, the modifications are geared towards implementing stronger privacy and security measures for Consensys’ service users, including those utilizing MetaMask.
Key alterations have been made to Consensys’ privacy policy, with a focus on providing transparency in processing internet protocol (IP) addresses, broadening its coverage, and enhancing user data management.
The updated privacy notice now encompasses MetaMask Institutional, MetaMask Developer, Linea, Teku, Besu, and Phosphor, and introduces new opt-out features for users who prioritize privacy.
A source within Consensys discussed with Cointelegraph the protocol for handling IP addresses in case of a data breach, emphasizing the company’s commitment to privacy and security.
In line with Consensys’ services, MetaMask has rolled out new user control and privacy functions, enabling users to customize their wallets based on their privacy preferences.
These new features include the option to enable or disable security alerts, automatic detection of tokens and non-fungible tokens (NFTs), and an improved configuration for remote procedure calls (RPC).
Regarding third-party compliance with privacy standards, a Consensys representative informed Cointelegraph about the company’s stance on ensuring these standards are met.
Furthermore, in addition to the new MetaMask features, Consensys’ privacy notice now includes a clear summary of how “MetaMask user information” is used and not used by the company.
Consensys also clarified that Codefi and Quorum have been excluded from the privacy notice’s scope.
In other news, the latest issue of Crypto-Sec covers topics such as the $11M Bittensor phishing incident, UwU Lend and Curve fake news, and the $22M Lykke hack.