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Cryptocurrency Wallet manufacturer Ledger has been the subject of several criticisms for its new “ Ledger Recovery” feature. The firm’s CEO, Pascal Gauthier, even defended the new feature, stating that is what future customers want. Users expressing concerns about Ledger’s new recovery feature have raised questions regarding its safety. The feature involves the storage of encrypted user seed phrases with third-party custodians. Critics argue that this approach contradicts Ledger’s claimed dedication to privacy and security. Now, according to the latest updates, Ledger has decided to delay the release of the new key recovery feature. Source: Forbes Ledger CEO says the firm will release the code first According to the details from Gauthier’s recent letter to users, the CEO stated that the new feature will not be rolled out until the feature code is released. The Wallet manufacturer has also decided to host a Twitter Space session at 12:30 PM EST Tuesday to discuss th...

A researcher at the Ethereum Foundation said he had “internally” discovered that staking Ether reveals a user's IP address information. A researcher at the Ethereum Foundation (EF) revealed that the IP address es of Ether (ETH) stakers are monitored as part of a broader set of metadata, causing the cryptocurrency community to flag Ethereum for privacy concerns . In an April 12 interview on the crypto podcast Bankless, EF researcher Justin Drake revealed that he learned this information “internally” — presumably at EF. The metadata Drake referred to is used to track a wide range of things, he explained: “There’s a lot of metadata, you can look at deposit addresses, you can look at withdrawal addresses, you can look at fee recipients, you can look at IP addresses.” Drake’s comments appeared to have taken Bankless host Ryan Sean Adams by surprise. Ethereum = 1984 chain Justin Drake, who works as the "Researcher" at the Ethereum Foundation, said today that when you stake y...

The new features allow a user to manage which servers are able to receive their IP address. Web3 wallet app Metamask has introduced a number of new features aimed at enhancing privacy and giving users more control, according to a March 14 blog post by the developer. The new features come after Metamask had previously been criticized for allegedly intruding on users’ privacy. MetaMask Mobile v6 is now available to everyone! Our biggest release yet fixes issues around slow load times and provides a new and improved UX that gives users more control over their funds and digital identities. Upgrade to the latest version todayhttps://t.co/tGtA4GUXR1 — MetaMask (@MetaMask) March 14, 2023 Previously, Metamask used its Infura RPC node to connect to Ethereum automatically, whenever a user first set up the wallet. Although the user could change the settings later, this still meant that the user’s public address was transmitted to Infura before they had a chance to change their node, accordin...