Web3 users hit 10M in Q2, MetaMask to enhance security: Finance Redefined

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The second quarter saw a record number of Web3 unique daily active wallets, but DappRadar cautioned the growth may be due to temporary airdrops.

Consensys integrates Wallet Guard to boost MetaMask’s security, aiming to drive user fund losses to zero amid rising Web3 threats.

According to the report, “ach sector of the DApp industry has experienced notable growth, contributing to an overall bullish trajectory.”Consensys announced it has acquired Wallet Guard, a security tool for protecting digital assets and data from theft, scams and fraud. The acquisition aims to integrate Wallet Guard’s advanced security features into MetaMask to improve user protection within Web3.

The proposal introduces significant changes to block validation, separating the process into consensus and execution, to improve the blockchain’s security and performance. EIP-7732 responds to the growing demand for efficiency on the Ethereum blockchain and follows Ethereum co-founder Vitalik Buterin’s push for faster transaction confirmation times.

 

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