ConsenSys said that the data collected might be disclosed to comply with Anti-Money Laundering and Know Your Customer requirements, or to affiliates, as part of business deals.
“There is nothing more important than consumer privacy, especially when it comes to your financial data — you have a right to be anonymous,” said Adam Cochran, a partner at Cinneamhain Ventures. “Metamask has provided a great free service for a long time, but their decision to log IPs and tie it to transactions is unacceptable.”
MetaMask competitor Brave took the opportunity to remind users that its wallets will remain private. “Brave Wallet, like all Brave products, is designed and implemented to prevent data harvesting.
“We never track you, and therefore design our products so that we can't track you,” Brave wrote in a statement – adding, “Brave proxies connections to shield user IP addresses and HTTP headers from the Eye of Big Tech.”