XDEFI CEO wants to disrupt MetaMask’s domination of browser wallets
Emile Dubié, CEO of XDEFI, is building a new browser wallet with Web 3 capabilities. XDEFI currently has nine blockchain integrations. Due to the enormous growth of DeFi and a lack of direct competitors, Ethereum wallet and browser extension MetaMask recently surpassed 10 million active users, a major milestone for the ConsenSys-led protocol. Now, a new browser wallet is looking to provide an alternative to MetaMask by doing something that most developers are shying away from — creating a web-based experience as opposed to a mobile client. Emile Dubié, the CEO of XDEFI Wallet, explained to....
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XDEFI will challenge MetaMask’s dominance of the browser wallet space by offering a new user experience for decentralized finance and nonfungible tokens. XDEFI Wallet, a browser-based wallet service for decentralized finance (DeFi) and nonfungible token (NFT) users, launched its public version on the Chrome Store.Similar to the widely-used browser extension wallet MetaMask, the XDEFI Wallet supports DeFi applications across multiple blockchains. According to the announcement, the browser wallet works with the Ethereum (ETH) network and other Ethereum Virtual Machine-compatible chains.....
The platform reported 35,000 users to its Chrome extension wallet in the first few weeks following launch. XDEFI Wallet, a browser-based service for DeFi and NFT assets, has officially integrated the layer-1 blockchain protocol Terra on its platform following a number of weeks of testing and development.With the addition of Terra, the platform now supports 9 blockchain networks including Bitcoin, Ethereum, and Polygon. It has also expressed intentions to incorporate Solana, Avalanche, and Arbitrum in the future. Earlier this month, XDEFI launched their public cross-wallet extension onto....
MetaMask has played a pivotal role in onboarding millions of new users to the cryptocurrency and decentralized finance markets. Crypto payment gateway Bitfinex Pay has integrated with MetaMask, the popular browser and wallet extension powered by ConsenSys, potentially opening the door to tens of millions of users. The integration, which officially went live on Friday, gives MetaMask’s more than 10 million active users access to Bitfinex Pay. By logging into their wallets, MetaMask users will have the ability to send and receive cryptocurrency payments directly through the payment gateway.....
Client side browser wallets almost exactly resemble managed online wallets in terms of how they appear to the user, but the key difference is how they work behind the scenes. Encrypted backups of the wallet are stored securely by the provider, but the provider has no way of decrypting them - the encryption and decryption is done within your browser with Javascript using your password as a key, so your unencrypted wallet, and the password you use to encrypt it, never leaves your computer. Advantages include: Very easy to use, no software installation required. You can access your bitcoins....
Brave Browser challenges wallet providers like MetaMask by introducing a native crypto wallet built into the browser. Privacy-oriented browser Brave continues to deepen its commitment to cryptocurrency adoption by replacing its extension-based cryptocurrency wallet with a browser-native one.The company announced to Cointelegraph on Tuesday that it is prepping the official launch of Brave Wallet; a self-custody cryptocurrency wallet built into the Brave desktop browser, enabling users to store and buy cryptocurrencies like Ether (ETH).Brian Bondy, chief technology officer and co-founder at....