Coinbase also took a similar stance on Friday. Ukraine had requested major cryptocurrency exchanges for a complete ban on their Russian users following the country’s invasion by Russia, but the request was rejected by companies such as Binance and Kraken. and other Western nations on Russia following its invasion of Ukraine. MetaMask, the Ethereum (CRYPTO: ETH) wallet of blockchain technology firm ConsenSys, has apologized after some of its users in Venezuela were accidentally blocked from accessing the digital wallet. The incident comes in the aftermath of new sanctions imposed by the U.S. Infura is a U.S.-based company that is subject to federal law, while MetaMask aims to decentralize control over personal data and increase user privacy. You do this without anyone else’s help in your ether wallet and at the comfort of tour own space. You can utilize our foundation to purchase or sell ether, yet we don’t deal with your coins for you. Ledger paired with MyEtherWallet is the most popular way to use Ledger for Ether. An ether wallet is like an online account from your wallet, you can perform transactions with your coins on multiple accounts. It supports the most coins and has integrations with MyEtherWallet, making it easy to use the device to store, send and receive ether and ERC20 tokens. Why It Matters: The incident highlights the difficulties in running decentralized services on centralized entities. The Ledger Nano X is the most popular hardware wallet for Ethereum and ERC20 token users. We sincerely apologize for the interruption to those in inadvertently impacted regions. MetaMask relies on Infura as the default endpoint, but this setting can be modified by users if desired, or in case of any service interruptions. Infura admitted it mistakenly configured the setting more broadly than required and apologized for the interruption in “inadvertently impacted regions.”
MetaMask said the incident occurred due to a change in configuration by Ethereum node Infura - the infrastructure service owned by Conensys - following “new sanctions directives” from the United States and other jurisdictions. What Happened: MetaMask took to Twitter to apologize to its users in Venezuela after the issue was widely reported on social media. MetaMask, the Ethereum (CRYPTO: ETH) wallet of blockchain technology firm ConsenSys, has apologized after some of its users in Venezuela were accidentally blocked from accessing the digital wallet on Thursday.