ConsenSys Now Gathers User IP Addresses For MetaMask Users – November 24

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $16,612

Bitcoin price is still hovering within the $16,000 range today, however appears to be putting some pressure on recent resistance levels.

Top-20 altcoins are in the green, as Ethereum gains 4% over the last 24 hours, BNB rises 2% and Solana leads with an 11% recovery.

Top Stories for November 24, 2022 πŸ”₯

πŸ‘‰ ConsenSys Now Gathers User IP Addresses For MetaMask Users

Blockchain company ConsenSys is receiving backlash after revealing it is gathering user IP and wallet address data, affecting the popular MetaMask wallet.

The company recently updated its privacy policy, revealing that MetaMask users that use the default Infura remote call procedure service (RPC) will have their data automatically collected when sending transactions.

The revelation has caused a stir within the crypto community, who are now scrambling to find alternative RPCs or entirely new Web3 wallets due to privacy concerns.

πŸ‘‰ Jump Crypto & Aptos Labs Commit To Binance’s Industry Recovery Fund

Jump Crypto and Aptos Labs are two of the top companies contributing to Binance’s industry recovery initiative (IRI), with additional participation from Polygon Venture, Animoca brands and others.

Due to the high contributions so far, Binance plans to double the fund’s raise to $2 billion, with further participation expected in the future.

The fund will buy distressed crypto assets affected by the market downturn and contagion from the several centralized entities that collapsed in during the bear market.

πŸ‘‰ Former FTX CEO Sam Bankman-Fried To Speak at NYT Event, Despite Criminal Allegations

Former FTX founder and CEO Sam Bankman-Fried has somehow earned himself a speaking appearance at the upcoming New York Times-funded New York City conference – despite allegations of fraud, theft and more after the collapse of his exchange.

The NYT and several other mainstream media publications have been criticised by the community and FTX’s victims for publishing articles that appear to endorse Bankman-Fried, while glossing over his misplacement of billions in customer funds.