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MetaMask, the world’s leading Web3 wallet support, has announced that it is now compatible with EIP-4361, also known as Sign In with Ethereum. The wallet’s implementation includes a “domain binding” feature that can detect signatures and approvals from malicious URLs. The addition of this feature could significantly reduce the risk of phishing attacks.
🦊MetaMask is now compatible with EIP-4361, aka Sign In with Ethereum!
This is part of our ongoing effort to make confirmations more legible to our community. Our implementation also offers a “domain binding” feature, which will detect signatures/approvals from malicious URLs. pic.twitter.com/2jkFRhLDsx
— MetaMask 🦊💙 (@MetaMask) March 23, 2023In a recent tweet, MetaMask announced that it has partnered with SpruceID, the toolkit for decentralized identity, to implement this feature. The company supports SpruceID’s efforts to help users control their identity and data across digital interactions.
The community’s response to the tweet has been mixed. Some people have praised the move, with one user calling it “amazing news.” Others have expressed frustration with their token airdrops and have asked when MetaMask’s own airdrop will occur.
One user wrote, “Wen $Mask airdrop?” while another said, “Sorry but I have to ask this, ‘wen airdrop see?’” However, it seems that MetaMask is not currently planning an airdrop.
Despite the mixed reactions, many users are excited about the possibilities that its new feature could bring. One user asked when the wallet will support NFT domains from Unstoppable Web, saying that they are “burning hot” in the digital identity space.
However, the addition of the “domain binding” feature to MetaMask’s wallet could have a significant impact on the security of its users’ data and assets. The partnership with SpruceID is another step in the company’s ongoing efforts to make confirmations more legible to its community.
MetaMask Launches Staking Marketplace: Four Vendors To Manage Ethereum StakingMoreover, MetaMask Institutional has announced the launch of a staking marketplace for its institutional clients, providing an avenue for the creation of new Ethereum validators. The marketplace will allow institutions to manage Ether staking through four vendors, including ConsenSys Staking, Allnodes, Blockdaemon, and Kiln, simplifying the complexity of institutional staking.
MetaMask Institutional has been live since October 2021, offering a platform with a wider set of controls and functionality more suited to organizations and businesses. The launch of the staking marketplace will coincide with the rollout of an advanced dashboard, including institutional controls, portfolio management, digital asset monitoring, and transaction reporting.
The move comes amid a shift from liquid staking to 32-ETH staking, with Ethereum’s Merge and Shanghai/Capella upgrades on the horizon. MetaMask Institutional’s staking marketplace aims to simplify access and management of solo staking, enabling institutions to become Ethereum network validators.
The service’s focus is to solve for Eth2 staking, given the importance of data validation of Ethereum in the present and future. MetaMask Institutional rolled out access to ETH LP pool staking through Lido and Rocket Pool protocols in January 2023, giving institutions initial access to DeFi pool staking.
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