MetaMask and digital identity firm Space ID aim to simplify crypto
Quick Take MetaMask and Space ID have announced an integration aimed at making crypto transactions and accessing wallets simpler. Users will be able to register a Space ID domain name and “map those to all their crypto public addresses.”
MetaMask and Space ID have announced an integration aimed at simplifying sending digital assets and accessing crypto wallets.
The new integration will allow users to "replace all their public wallet addresses with a single, secure, and customizable handle when making transactions on MetaMask," according to a statement. "This means that, rather than a 42-character muddle of letters and numbers, where one slip means a total loss of funds, Space ID users need only enter a simple username to send crypto."
Space ID is a web3 domain and identity platform which allows users to manage their digital assets with a single interface. Binance Labs led Space ID's seed round in 2022.
MetaMask Product Lead Christian Montoya said the Space ID integration should make "it easier and safer for MetaMask users to send and receive crypto on any EVM-compatible chain." Earlier this year, MetaMask developer Consensys acquired the crypto security app Wallet Guard with the hopes of improving the non-custodial wallet’s security.
Space ID said in its statement that users will now be able to "organize and store their handles for multiple chains in one wallet."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New spot margin trading pair — HOLO/USDT!
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn
- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.
OPEN has dropped by 189.51% within 24 hours during a significant market pullback
- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.
New spot margin trading pair — LINEA/USDT!
Trending news
MoreCrypto prices
More
