MetaMask users now have access to transaction security alerts

  • The MetaMask team has officially introduced the transaction security alerts feature.
  • It supports Ethereum, BNB Chain, Linea, Polygon, Arbitrum, Optimism and Avalanche networks.
  • The function is aimed at improving protection against hacking and hacker attacks.

MetaMask crypto wallet developer Consensys announced the official launch of transaction security alerts. They are aimed at improving user protection from phishing and hacker attacks.

Let us remind you that in October 2023, as part of a partnership with the startup Blockaid, the developers first introduced the option of alerts about suspicious transactions. Now it has become available to all crypto wallet users by default.

According to the developers, the function will allow you to learn about suspicious transactions even before they are signed.. It supports networks such as Ethereum, BNB Chain, Linea, Polygon, Arbitrum, Optimism and Avalanche.

It is expected that informing users about threats in real time will help reduce the number of illegal transactions and will encourage the adoption of cryptocurrencies, the company said. According to Blockworks, 576,000 unique MetaMask users turned on Blockaid alerts during beta testing, preventing more than 30,000 unwanted activities.

ConsenSys added that the integration of Blockaid to protect OpenSea NFT traders prevented the theft of assets worth $500 million. In total, the alerts feature alerted more than 1.3 million malicious transactions.

As the developers noted, over the past four months the number of active users of the crypto wallet has grown by 55%. More than 30 million people used the MetaMask app in January. The last time such a surge in activity was observed was at the beginning of 2022, the source claims.

We previously reported that the MetaMask team is testing transaction routing. It is aimed at improving the user experience when making translations.

In January 2024, ConsenSys developers introduced a new Ethereum staking service that simplifies the launch of validator nodes and ensures secure resource management.