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Ethereum Software Firm ConsenSys Reveals It Collects User Data

The firm said when using Infura as an RPC on MetaMask a user's IP address and wallet address information would also be collected.

By Parikshit Mishra
AccessTimeIconNov 24, 2022 at 6:01 a.m. UTC
Updated Nov 28, 2022 at 3:24 p.m. UTC
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One of the firms behind the Ethereum Merge, ConsenSys, said on Thursday that it also collects user data related to its on-chain wallet service, MetaMask.

The revelation comes days after decentralized crypto exchange (DEX) Uniswap made a similar update to its privacy policy, as reported.

ConsenSys said it collects some data related to user identification, such as contact details, profile information along with some other user data.

The firm added that when using Infura, which is the default remote procedure call (RPC) provider, on digital wallet MetaMask, Infura will collect the user's IP address and Ethereum wallet address for transactions. RPC is a protocol for requesting data and information from a program running on a third-party computer server.

If a user switches to a different RPC on MetaMask the financial data will not be collected. Blockchain tool developer Infura and the digital wallet MetaMask are both products that are offered by ConsenSys.

Meanwhile, Crypto Twitter community members expressed displeasure at the move, which some felt invaded a user's privacy – one of the core ethos of the crypto space.

Read more: Crypto Exchange Uniswap Says It Collects Users' Public On-Chain Data

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Parikshit Mishra
Parikshit Mishra

Parikshit Mishra is CoinDesk's Deputy Managing Editor responsible for breaking news coverage. He does not have any crypto holdings.

Follow @parikshitm899 on Twitter

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