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Coinbase has unveiled an end-to-end encrypted, private and portable messaging feature for its self-custody wallet product – Coinbase Wallet, which allows users to connect, engage with communities, as well as send thousands of messages directly through their wallet. Enables you to send payments in coins. ,
The goal is to give Coinbase Wallet users complete control and ownership of their identity and chats by eliminating unnecessary risk and potential harm with the help of messaging.
Coinbase New Functionality
according to official blog postCoinbase Wallet has been integrated with SMTP, an open protocol and network for Web3 messaging. The new functionality aims to tackle common issues faced by Coinbase Wallet such as accidentally sending crypto to the wrong address, someone claiming ownership of a .eth username that does not belong to them, or impersonators on social media platforms. Online Profile.
In essence, wallet holders will be able to send messages from Ethereum accounts with CB.ID, ENS domain, Lens profile or Unstoppable domain profile. This flexibility in the service is expected to help users “make real connections, make offers on NFTs and pay others directly,” the crypto giant said in a statement.
In addition, Chat can be ported to any other XMTP-compatible app at any time. Users will also be allowed to send payments to others using the USDC stablecoin without any gas fees.
“Today, we are announcing a new way to engage with the crypto community with built-in messaging on Coinbase Wallet, powered by the XMTP protocol. Messaging on Coinbase Wallet is end-to-end encrypted, private and portable.
Streamlining the Transaction Process for Web3
The latest development is an important milestone for the Web3 wallet sector as it expands the traditional offerings of crypto wallets to fully buy, hold, trade and transfer digital assets. The inclusion of encrypted interaction functionality would have essentially eliminated a major drawback of using a separate messaging platform to interact with someone, verify their credentials, then return to the wallet to send or receive tokens. Is.
Currently, Coinbase is at loggerheads with the US Securities and Exchange Commission (SEC) for allegedly operating as an unregistered securities exchange, broker and clearing agency. Recently, the financial regulator claimed that the crypto exchange was aware of securities law violations in the country.
Binance Free $100 (Exclusive): Use this link to register and get $100 free and 10% off fees on Binance Futures for the first month. (terms).
PrimeXBT SPECIAL OFFER: Use this link to register and enter the code CRYPTOPOTATO50 to receive up to $7,000 on your deposit.
[ad_1]
Coinbase has unveiled an end-to-end encrypted, private and portable messaging feature for its self-custody wallet product – Coinbase Wallet, which allows users to connect, engage with communities, as well as send thousands of messages directly through their wallet. Enables you to send payments in coins. ,
The goal is to give Coinbase Wallet users complete control and ownership of their identity and chats by eliminating unnecessary risk and potential harm with the help of messaging.
Coinbase New Functionality
according to official blog postCoinbase Wallet has been integrated with SMTP, an open protocol and network for Web3 messaging. The new functionality aims to tackle common issues faced by Coinbase Wallet such as accidentally sending crypto to the wrong address, someone claiming ownership of a .eth username that does not belong to them, or impersonators on social media platforms. Online Profile.
In essence, wallet holders will be able to send messages from Ethereum accounts with CB.ID, ENS domain, Lens profile or Unstoppable domain profile. This flexibility in the service is expected to help users “make real connections, make offers on NFTs and pay others directly,” the crypto giant said in a statement.
In addition, Chat can be ported to any other XMTP-compatible app at any time. Users will also be allowed to send payments to others using the USDC stablecoin without any gas fees.
“Today, we are announcing a new way to engage with the crypto community with built-in messaging on Coinbase Wallet, powered by the XMTP protocol. Messaging on Coinbase Wallet is end-to-end encrypted, private and portable.
Streamlining the Transaction Process for Web3
The latest development is an important milestone for the Web3 wallet sector as it expands the traditional offerings of crypto wallets to fully buy, hold, trade and transfer digital assets. The inclusion of encrypted interaction functionality would have essentially eliminated a major drawback of using a separate messaging platform to interact with someone, verify their credentials, then return to the wallet to send or receive tokens. Is.
Currently, Coinbase is at loggerheads with the US Securities and Exchange Commission (SEC) for allegedly operating as an unregistered securities exchange, broker and clearing agency. Recently, the financial regulator claimed that the crypto exchange was aware of securities law violations in the country.
Binance Free $100 (Exclusive): Use this link to register and get $100 free and 10% off fees on Binance Futures for the first month. (terms).
PrimeXBT SPECIAL OFFER: Use this link to register and enter the code CRYPTOPOTATO50 to receive up to $7,000 on your deposit.
