As a MetaMask user, you do not need to be scared of the supply chain attack that took place earlier today.
MetaMask has multiple layers of defense to protect our products and users:
- Basic Security: We lock our versions, don't push directly to main, have manual and automated checks during the entire development lifecycle, and have robust release processes and monitored rollouts.
- LavaMoat: Prevents malicious code from harming you, even if malicious code was to somehow sneak in. LavaMoat covers both the development lifecycle and runtime scenarios.
- Blockaid: Flags malicious addresses nearly instantaneously, protecting you from compromised dapps.
Security is paramount for MetaMask. We work tirelessly to protect you from attacks and threats, including supply chain attacks.
🧡
🚨 There’s a large-scale supply chain attack in progress: the NPM account of a reputable developer has been compromised. The affected packages have already been downloaded over 1 billion times, meaning the entire JavaScript ecosystem may be at risk.
The malicious payload works by silently swapping crypto addresses on the fly to steal funds.
If you use a hardware wallet, pay attention to every transaction before signing and you're safe.
If you don’t use a hardware wallet, refrain from making any on-chain transactions for now.
It’s still unclear whether the attacker is also stealing seeds from software wallets directly at this stage.
Excellent report here: https://t.co/5CtiZJHYsN
CREATOR REVENUE SHARING is finally here!!!
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On memecoins…
Memecoins have generated a lot of buzz recently, and I’ve gotten some questions on how I think about them. I am personally not a memecoin trader (beyond a few test trades), but they’ve become hugely popular. Arguably, they've been with us since the beginning – Dogecoin is still one of the most popular coins. Even Bitcoin is somewhat of a memecoin (one could argue so is the U.S. dollar, once it was disconnected from gold). Just like the early days of the internet with animated gifs, new technologies often look like a toy but evolve into something much more powerful over time. So we should be open minded about where memecoins are going, even if some are silly, offensive, or even fraudulent today. Memecoins are a canary in the coal mine that everything will be tokenized and brought onchain (every post, image, video, song, asset class, user identity, vote, artwork, stablecoin, contract etc).
Coinbase differentiates itself by being the most trusted and easiest to use platform in crypto, so how are we approaching memecoins through this lens? From first-principles, we believe in free market capitalism. If our customers want it, and it's legal, we aim to let them make that choice for themselves. But it's our job to provide them with the best information we can find to make an informed choice. If a token is a scam or fraudulent, we'd want to remove it. But if it's just low quality, the customer should be able to see reviews or community notes, and make their own choice. (Defining what is an outright scam vs low quality is often a blurry line btw, so you need to be careful not to accidentally create a censorship regime.) We want to provide useful information to consumers, not play judge and jury or endorse/recommend investments.
Some memecoins have clearly gone too far lately, to the extent people are insider trading. This is illegal, and people should understand that you will go to prison for this. In every crypto cycle, there is a get rich quick crowd that comes and goes, and learns this lesson the hard way. Don't break the law! And don't try to get rich quick. You should get rich by contributing real lasting value to society (or at least be trying - it's not easy!).
So where do we go from here? We should purge the bad actors and lift up the people trying to build lasting value. We want to bring the next billion users onchain, and the only way to do this is to build products and services which people want. Help them earn a living, avoid high fees when sending money to friends and family, find truth about what's happening in the world, or get a loan to grow their business. Give them access to sound money and financial infrastructure, to accelerate progress in the world. Memecoins have a role to play here, and I think will evolve to help artists get paid, track trends, or who knows what - it's too early to say, but we should keep exploring.
Keep building with this long term mindset, and make something people want.
$SEA is coming.
Here are a few things to know:
• Historical OpenSea usage, not just recent activity, will be an important ingredient
• Claim process will be simple and accessible. US users welcome
• We’re focused on long-term sustainability and supporting a healthy, enduring community
• No details on timing yet. We’re taking the learnings from this space and getting it right
As always, only trust updates from @openseafdn and @opensea
OS2 open beta is now live:
• A fully reimagined product built entirely from the ground up, for collectors and pros
• NFTs 🤝 tokens, brought together in one place
• Brand new, beautiful ways to explore — beyond just the floor
• 14 chains (welcome @flow_blockchain, ApeChain by @apecoin, @soneium by @Sony BSL, and @berachain) with more on the way
• Native cross-chain purchasing
• 0.5% marketplace fees and 0% swap fees on the platform for launch
• Rewards for all user types
And yes, $SEA is coming.
Try the open beta at https://t.co/kpKMNWpCFT
Today, we're excited to announce a beta release of Zonos, a highly expressive TTS model with high fidelity voice cloning.
We release both transformer and SSM-hybrid models under an Apache 2.0 license.
Zonos performs well vs leading TTS providers in quality and expressiveness.
we just launched two things:
o1, the smartest model in the world. smarter, faster, and more features (eg multimodality) than o1-preview. live in chatgpt now, coming to api soon.
chatgpt pro. $200/month. unlimited usage and even-smarter mode for using o1. more benefits to come!
Have you moved your ApeCoin to ApeChain yet?
TL;DR: Holding ApeCoin ON APECHAIN means you won’t have to keep claiming/staking your tokens to compound the yield.
Automatic Yield Mode.
We’re rolling out an early version of canvas—a new way to work with ChatGPT on writing & coding projects that go beyond simple chat.
Starting today, Plus & Team users can try it by selecting “GPT-4o with canvas” in the model picker. https://t.co/GoGZiRzCsB
Introducing MetaMask Card: The world’s first Mastercard debit card that enables instant spending directly from your self-custody wallet. We’ve teamed up with @Mastercard and @BaanxGroup to bridge the gap between crypto and daily life.
With MetaMask Card, every day can be crypto pizza day.
https://t.co/Mro5Fhiiig