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😱🔥MetaMask touch to Bitcoin (BTC) Bull!
According to reports from CoinDesk, #Metamask may add #Bitcoin support within the next month, although it is not yet final.
The wallet provider hopes to offer Bitcoin support within the next month, but these plans may change. CoinDesk adds that Bitcoin features can start small and grow over time. Although MetaMask has already expanded beyond the Ethereum ecosystem with the inclusion of Snaps, this move will add one of the most popular blockchains to the most popular digital wallet platforms.
The exciting Bitcoin move from MetaMask!
MetaMask primarily supports Ethereum, Ethereum Layer 2s, and Ethereum Virtual Machine (EVM) compatible networks such as Avalanche, Polygon, Optimism, and Arbitrum. However, MetaMask has gone beyond the Ethereum ecosystem by including Snaps, a kind of JavaScript application, in September 2023.
MetaMask reached 22 million downloads in August 2023, making it the most popular wallet by download count. The wallet's developers have recently added other features to support the user experience, such as the consolidation of Blockaid-based security alerts for numerous blockchains, Ethereum verifier staking, and a feature that allows users to check.
MetaMask's main developer, Consensys, has raised $450 million from Series D financing led by ParaFi capital, giving Consensys a valuation of $7 billion in March 2022. The firm filed a lawsuit with the SEC in late April over the regulator's contradictory stance on whether ether is a security. Whether the SEC has jurisdiction over the regulation of the asset. The SEC had issued a Wells notice earlier that month indicating its intention to initiate legal action against the buyer.
