Crypto Industry’s Sanctions Woes on Full Display in MetaMask’s Venezuela Hiccup

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 60 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Here’s what really happened with MetaMask blocking users from “certain areas” on Thursday. realDannyNelson reports

Employees work on computers at the ConsenSys office in Brooklyn on Thursday, March 29, 2018.

“Infura closely monitors changes to U.S. sanctions programs announced by the Office of Foreign Assets Control and narrowly tailors its internal controls to comply with the law,” a ConsenSys spokesperson told CoinDesk via email. “Currently, those regions are Iran, North Korea, Cuba, Syria, and the Crimea, Donetsk, and Luhansk regions of Ukraine.”

“In changing some configurations as a result of the new sanctions directives from the United States and other jurisdictions, we mistakenly configured the settings more broadly than they needed to be,” Infura said Thursday in aInfra acknowledged the uproar, apologized for its “oversight” and said service had been restored to “inadvertently impacted regions,” though it did not name Venezuela.

“As a centralized entity, funded by investors like JPMorgan, infrastructure providers like Infura are subject to regulatory concerns,” Josh Neuroth, CEO of decentralized cloud services company Ankr said in a statement. “This over-reliance on centralized service providers goes against everything that Web 3 stands for and is meant to be – and represents a central point of failure that shouldn't exist in the first place.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

MetaMask realDannyNelson

MetaMask realDannyNelson AMP USD CHZ USD ATOM USD UMA 🚀👍🤑🤑👍👍🚀🚀🚀🚀🚀🚀

MetaMask realDannyNelson People are already winning big from MetaBetcasino. If you’re looking for a brand new gambling crypto, I highly recommend taking a look. Based on what I have seen from the dev team and community, this is the next big thing to come out this year. 👑💹

MetaMask realDannyNelson This is BS. MetaMask knew about this vulnerability and did nothing about it. In fact, they left it on by default. I for one, have already deleted that trash and transitioned to a TRUE DeFi wallet. Weaknesses like this should NOT exist in the first place. Hypocrites.

MetaMask realDannyNelson

MetaMask realDannyNelson

MetaMask realDannyNelson

MetaMask realDannyNelson

MetaMask realDannyNelson

MetaMask realDannyNelson

MetaMask realDannyNelson it's fucking shit

MetaMask realDannyNelson Blocking users all over the place, it's ridiculous.

MetaMask realDannyNelson SO NICE !!!☝️☝️

MetaMask realDannyNelson

MetaMask realDannyNelson 'It turns out that the Wizard of Oz behind the owners of Metamask and Infura is....JP Morgan, the largest bank in the US.'

TGIF💥💥 Its another winning day buddy.. RubyPlayNetwork is here for u... U can Spin2win every 24hrs to earn $RUBYs just as simple as u think 🔥🔥🔥 to tge moon🚀🚀🚀🚀

MetaMask realDannyNelson It looks very professional Follow me with your fingers😄

MetaMask realDannyNelson That's why always use decentralized non-custodial wallet.

MetaMask realDannyNelson Decentralized 😆

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 291. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

EU is ‘taking measures’ against Russia using crypto to bypass sanctions, say finance ministersFrance’s finance minister, Bruno Le Maire, said that the 27 member states of the EU had decided on additional measures aimed at stopping Russia from evading sanctions, including on crypto.
Källa: Cointelegraph - 🏆 562. / 51 Läs mer »