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Cryptocurrency wallet MetaMask has announced the expansion of its fiat off-ramp services to support additional blockchain networks. The move aims to enhance the conversion of digital assets into traditional currency. The integration will add 10 blockchains, a development backed by a partnership with payments provider Transak, MetaMask said in a press statement shared with Finbold on February 26. Indeed, the latest upgrades mean users will no longer have to swap cryptocurrencies into Ethereum (ETH) before converting them to fiat currency. This process previously made transactions longer and users incurred more fees. Picks for you Animoca Brands joins the MultiversX network, pushes EGLD forward 1 hour ago This ‘highly accurate indicator’ set...

The upcoming MetaMask Snaps will allow users to interact with different blockchains like Bitcoin and Solana from inside their MetaMask wallet. MetaMask’s eagerly awaited Snaps will allow users to interact with a variety of different blockchain networks, receive updates from projects and will help demystify what’s happening in complex transactions, says Consensys head of strategy Simon Morris. Speaking to Cointelegraph on Sept. 6 at Korea Blockchain Week, Morris shared that MetaMask Snaps will function a lot like an Apple App Store for the crypto wallet , allowing third-party developers to launch new decentralized applications (DApps) — dubbed Snaps — that expand MetaMask’s functionality. Morris explained the first round of released Snaps will undergo security checks and be whitelisted by developers at Consensys. In the future, the goal is to make the process as permissionless as releasing apps on the web. The upgrade — which Morris said is coming sometime later this year — will see u...