Compartir este artículo
Cross-Chain Wallet XDEFI Raises $6M to Take on MetaMask, Phantom
With functionality across nine chains, XDEFI anticipates a full launch early next month.
Por Andrew Thurman
Actualizado 11 may 2023, 3:34 p. .m.. Publicado 29 sept 2021, 7:21 p. .m.. 1 min readTraducido por IA
After a $6 million funding round from leading blockchain venture capital firms and decentralized finance (DeFi) power users, XDEFI Wallet is looking to challenge incumbent MetaMask’s reign.
XDEFI is a wallet that will allow users to interact with nine different blockchains. Key features include proprietary gas pricing algorithms and automatically adding new tokens to wallets based on use.
Mechanism Capital led the funding round, with participation from heavyweights such as Alameda Research, Sino Global and Animoca Brands. The round also featured participation from DeFi power users and developers such as Darren Lau of Not3Lau Capital and pseudonymous Alchemix developer “Scoopy Trooples.”
Griping about user-experience barriers is one of the most popular pastimes in crypto. Clunky wallets are largely seen as a barrier to mass adoption, and new chains often have their own wallets, such as Solana’s Phantom.
This forces users to switch between various front-ends and services when trying to pursue cross-chain yield farming strategies – an often agonizing process in a field where speed and efficiency are key to returns. Despite the clear need, however, few challengers have emerged to the ConsenSys-owned MetaMask, comfortably the most dominant wallet.
In a press release provided to CoinDesk, XDEFI claimed that an early beta of its product saw 20,000 users. The full launch is currently scheduled for “early October.”
Más para ti
Andrew Gault, the venture capitalist who funded the quantum hardware labs now threatening bitcoin, says the industry is looking in the wrong place. Google's own security team moved in the same direction in March.
Lo que debes saber:
- Security experts warn that the most urgent quantum threat to bitcoin and the broader financial system is not wallet keys but the encrypted authentication data already moving between institutions and being quietly harvested today.
- Adversaries are pursuing a “harvest now, decrypt later” strategy, stockpiling encrypted interbank messages, payment records and...
