‘Multichain future is very clear’ — Metamask to support all tokens via Snaps
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Metamask Snaps aims to facilitate a ‘multichain future,’ allowing the Ethereum-based wallet service to support non-native blockchains and tokens for the Web3 economy. Details of the latest in-development addition to Metamask’s growing ecosystem were unpacked at the StarkWare Sessions event in Tel Aviv, Israel, in Feb. 2023. Speaking to Cointelegraph Magazine editor Andrew Fenton, Alex Jupiter, the senior product manager at Metamask Snaps, revealed details about potential blockchain synergies. The last 18 months have seen the development of Snaps speed up after the success of Metamask Swaps, which brought token swap functionality to the service’s native browser extension. As Jupiter
Key Highlights MetaMask now supports native Bitcoin, allowing users to buy, send, and swap Bitcoin (BTC) directly in-wallet. Users earn rewards through a $30M program when swapping into BTC, ahead of MetaMask’s planned token launch. Bitcoin integration marks MetaMask’s expansion beyond Ethereum, following prior support for Solana, mUSD, and other…
In a major development for the Web3 industry, SPACE ID has announced a partnership with MetaMask, one of the largest decentralized wallet providers, using a feature known as Web3 Domain Snap. This eliminates problems associated with the use of the traditional wallet address, as the new domain-based system brings in…