CBDC adoption: Russia enters final phase to test digital ruble
Russia is in the final phase of testing a central bank digital currency (CBDC), which will be used for both national and international...
MetaMask has labelled 333Eth a scam and blocked the app on the extension.
According to a Ethereum decentralized app (DApp) extension has blacklisted 333Eth, which stands as the most popular DApp for Ethereum at the time of writing.
MetaMask has banned the DApp, despite its “number one rank” on DAppRadar, calling it “an active scam”. The platform addressed the issue in a tweet, calling out the fact that it was not truly the most popular app:
This site was never the most used Dapp, and it was actively phishing people. We will be adding the ability to skip our block page, we don’t mean to tell people what they can visit, but this site is an active scam.
— MetaMask (@metamask_io) September 27, 2018
When users attempt to reach the DApp’s website through MetaMask, they are faced with a message which points to a potential security compromise.
333ETH claims to provide a “security of contributions and life-long payments guaranteed by the Ethereum blockchain.” Despite the claim, however, the web platform thinks differently.
Users have questioned the decision by MetaMask, saying that it could be a monopoly on web browser of Ethereum activity to promote censorship, the company responded:
“We have no intention of promoting censorship, just keeping users safe. We’ll re-ignite this discussion within the team.”
Cryptocurrency users are often advised to proceed with caution when it comes to investing and crypto-activity. In England, for example, the Financial Conduct Authority released a warning against crypto-scams. Richard Branson has also advised that users are aware of schemes that might be malicious and want to plunder investors funds.