Metamask Alerts Users to Scams and Fraudulent Airdrop Reports on March 31

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Last Updated on March 29, 2023 by Bitfinsider

MetaMask, a provider of Web3 wallets, has alerted its users to “false rumors” of an alleged MetaMask airdrop that have been going around on social media.

There have been “quite a few rumors” of a MetaMask snapshot or airdrop on March 31, according to a tweet from MetaMask on March 28.

Source: Twitter

These stories are harmful in addition to being false. They give con artists and phishers opportunities, cautioned MetaMask.

Several Twitter profiles that claim to be associated with MetaMask or an airdrop of MetaMask tokens have been discovered by various parties.

In a tweet, MetaMask refuted reports of an impending airdrop and cautioned users to be on the lookout for fraudulent websites in the coming days.

The most recent rumors might be connected to a “fireside chat” session with Joe Lubin, the CEO of ConsenSys and co-founder of Ethereum, on March 14 at ETHDenver 2023, where Lubin repeated that his company is “actively working to decentralize” MetaMask. He reportedly confirmed afterward that they intended to introduce a token.

Even though MetaMask has ruled out an impending airdrop, many of the responses from the community indicate that they are still holding out optimism that one will still happen—just at a later time.

As a result of the reports, MetaMask activity almost tripled, according to data from DappRadar, which revealed that on March 27 there were 21,460 transactions as opposed to an average of about 8,000.

Following recent airdrops from the Ethereum Name Service and Lubin’s mention of a token, MetaMask experienced a similar flurry of activity as a result of reports of an airdrop back in November 2021.

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