Meta Mask new feature to stop wallet Drainer NFT scams

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In order to stop wallet drainer NFT scams MetaMask has updated its browser extension and wallet, making it harder for the scams to occur. The new feature asks you to grant permissions to your wallet instead of automatically doing so with a ‘set approval for all’ warning.

In coming week MetaMask users will have an extra layer of security when using their crypto wallets. The 10.18.0 update includes a huge software change that will now ask for access permission rather than automatically granting it. The update by MetaMask is much needed and is in response to a vast wave of NFT wallet drainer NFT scams. Many people have been victims of these malicious scams through Twitter or Discord.

The NFT space has seen a wave of new social media scams via this method over the past six months. Some of the most significant NFT projects and most popular influencers have also been scammed. the NFT space has seen a wave of new social media scams via this method over the past six months. Some of the most significant NFT projects and most popular influencers have also been scammed.

MetaMask is a leading Ethereum wallet with over 21 million active users. MetaMask is trying to stay one step ahead of the NFT wallet drainer scams to protect its users. The new release this week aims to disrupt the NFT scam industry. With the setApprovalForAll permission on MetaMask, users can avoid these types of wallet drainer scams. Users will no longer automatically connect and also if you don’t approve access, the other person can not access your NFTs or crypto funds.

In the latest Github post by MetaMask on their software development repository, they offered screenshots and information on how the new security feature will work. In June, a MetaMask software engineer called Alex Donesky wrote on GitHub about the ongoing issues in the NFT space. 

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