MetaMask has released version 11.12.4 update, which fixes the error that ignored the native ETH/Fiat display settings and forced some users to view wallet balances in Fiat value.

Digital bank Revolut is partnering with self-custody wallet MetaMask to offer Revolut Ramp, which will allow users to purchase cryptocurrency within their MetaMask wallet using their Revolut account. Users can use their Revolut account's fiat currency balance or pay with Visa or Mastercard.

Cryptocurrency wallet MetaMask has announced the default integration of Blockaid-supported security alert services on multiple chains, ensuring that users automatically receive alerts about potential malicious transactions. This security alert was first launched on the Ethereum mainnet through a plugin wallet at the end of last month and is now available for mobile and plugin wallet users on the following networks: Linea, BNB Chain, Polygon, Arbitrum, Optimism, and Avalanche. It is reported that Blockaid was established in 2022 and provides a set of tools for simulating transactions before execution to protect integrated wallets such as MetaMask and DApps such as OpenSea, Zerion, and Rainbow from phishing and hacking attacks. Last year, the company raised $33 million in funding from Ribbit, Variant, Sequoia, and other companies.

MetaMask has reported that the number of monthly active users has increased by 55% over the past four months, rising from 19 million in September last year to over 30 million in January. MetaMask stated that these numbers are almost in line with the historical high set in January 2022, when the number of monthly active users was 31.7 million.

MetaMask, a self-custodial wallet provider in the crypto industry, has partnered with Robinhood, an online trading platform, to simplify the process of purchasing cryptocurrencies and make it more accessible to users worldwide. The collaboration allows for seamless integration, enabling users to buy digital assets through MetaMask's self-custodial wallet using Robinhood's order flow. This move not only simplifies the purchasing process but also ensures a secure and self-custodial approach to crypto transactions, aligning with the growing demand for greater control and ownership among crypto enthusiasts and internet users. The partnership between the two companies represents a significant step forward in realizing their shared vision of reducing friction and increasing crypto adoption.

MetaMask announced that MetaMask Bridge users are not affected by the Socket vulnerability that occurred today. MetaMask stated that a unique architecture was adopted when designing the cross-chain bridge contract to prevent such attacks. Earlier news reported that the cross-chain protocol Socket was attacked, and funds worth at least $3.3 million were stolen. Hackers used a malicious route to steal user funds from the SocketGateway contract.

MetaMask Institutional announced on social media that Snapshots 2.0 will be launched soon. Its portfolio dashboard will have significant updates, allowing users to customize the valuation frequency and obtain detailed read-only valuations. For in-depth analysis, users can download CSV reports and explore data related to holdings, wallets, and NFTs.

Hex Trust, an institutional digital asset custodian, announced the integration of MetaMask, allowing users to access over 17,000 DeFi dApps directly from the Hex Safe dashboard. In addition, the integration also introduces transaction authorization function, enabling users to set precise transaction approval rules. This feature allows users to restrict access to decentralized applications (dApps), optimize DeFi transaction processes, and establish specific transaction rules for designated individuals.

MetaMask stated on X platform that Ledger has resolved the current issue, but currently recommends that users wait for 24 hours before using the Ledger Connect suite to interact with dapps. After investigation, we have confirmed that MetaMask Portfolio and SDK users have never faced any risks. As a precautionary measure, we have temporarily disabled trading on the portfolio for updates.

MetaMask has stated on X platform that the recent hack attack has affected all users, not just Ledger users. We have deployed a fix for MetaMask Portfolio. Users with the latest version v2.121.0 will be able to trade again and will be automatically updated. If users are not using this version, please refresh the website data.