Bitcoin may be coming to the biggest crypto wallet on Ethereum

Bitcoin may be coming to the biggest crypto wallet on Ethereum

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Photo: Jose Cabezas (Reuters)

Popular cryptocurrency wallet MetaMask might soon add Bitcoin support, CoinDesk reports. An unnamed source cited by the outlet said access could be granted within the next month, while another mentioned that the functionality is not yet finalized. The features may be initially limited and then expanded over time.

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A blockchain software company, Consensys created MetaMask to connect users to Ethereum’s blockchain ecosystem. The wallet supports Ethereum and Ethereum Virtual Machines (EVMs), such as Avalanche, Polygon, Optimism, and Arbitrum.

Currently, MetaMask does not directly facilitate Bitcoin acquisition. Users must make the transactions using Wrapped Bitcoin (WBTC). A Wrapped Bitcoin is a tokenized version of Bitcoin that operates on the Ethereum blockchain. It is pegged 1:1 to Bitcoin, so one Wrapped Bitcoin is always equal to one Bitcoin. It acts as a bridge between Bitcoin and Ethereum’s decentralized applications (dApps). If the CoinDesk report pans out, MetaMask users will soon be able to add Bitcoin directly.

This is not the first time MetaMask has expanded beyond the Ethereum ecosystem. In 2023, the company added a feature called Snaps. Snaps are JavaScript applications that enable cross-chain interoperability, allowing different blockchain networks to communicate and interact without intermediaries.

Users have downloaded MetaMask’s apps over 22.66 million times, according to CoinGecko.

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22 May 2024

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Please note that our

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CoinDesk is an

media outlet that covers the cryptocurrency industry. Its journalists abide by a

strict set of editorial policies.

In November 2023

, CoinDesk was acquired

by the Bullish group, owner of

a regulated, digital assets exchange. The Bullish group is majority-owned by

Block.one; both companies have

in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin.

CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

L.A. District Attorney Explains Why Diddy Can’t Be Prosecuted Over Cassie Ventura Hotel Video

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A 2016 surveillance video appears to show the hip-hop mogul attacking his then-girlfriend.

Sean “Diddy” Combs asiste al Upfront de Fox Network, el 14 de mayo de 2018 en el Wollman Rink en Central Park, en Nueva York.

John Lamparski/WireImage

Sean “Diddy” Combs won’t be prosecuted over a 2016 video that appears to show him assaulting then-girlfriend Cassie Ventura in a hotel, according to the Los Angeles County District Attorney’s office.

“We find the images extremely disturbing and difficult to watch,” the office of L.A. District Attorney George Gascón wrote in a statement on Instagram Friday (May 17). “If the conduct depicted occurred in 2016, unfortunately we would be unable to charge as the conduct would have occurred beyond the timeline where a crime of assault can be prosecuted.”

In the video, obtained by CNN and dated March 5, 2016, Combs appears to shove Ventura to the ground near an elevator bank, kick her several times while she lies on the ground and drag her down a hallway.

Trending on Billboard

The statement added that law enforcement has not presented the L.A. County DA’s office with “a case related to the attack depicted in the video against Mr. Combs, but we encourage anyone who has been a victim or witness to a crime to report it to law enforcement or reach out to our office for support from our Bureau of Victims Services.”

The contents of the video mirror an assault allegation Ventura made in a now-settled lawsuit she filed against Diddy in November, in which she also alleged one instance of rape and another instance of Combs forcing her to have sex with male sex workers while he masturbated.

“The gut-wrenching video has only further confirmed the disturbing and predatory behavior of Mr. Combs,” said Ventura’s attorney, Douglas Wigdor, in a statement sent to Billboard. “Words cannot express the courage and fortitude that Ms. Ventura has shown in coming forward to bring this to light.”

Ventura had an on-again, off-again relationship with Combs for 11 years until they split in 2018. In the lawsuit, she said she met Combs in 2005 when she was 19 and he was 37. After signing to his Bad Boy Records label, Ventura claimed that Combs “lured” her into a romantic relationship in which he “asserted complete control” over her life.

Since Ventura filed her lawsuit late last year, Combs has been hit with four additional sexual misconduct lawsuits. In November, the mogul stepped down as chairman of his digital media company Revolt before reportedly selling his stake in the company in March. Also in March, federal agents conducted raids of Combs’ L.A. and Miami homes “in connection” with a federal sex trafficking investigation, according to CNN.

Combs has strongly denied all allegations of sexual assault made against him. “Let me be absolutely clear: I did not do any of the awful things being alleged,” he said in a statement posted to social media on Dec. 6. “I will fight for my name, my family and for the truth.”

Read the L.A. County DA office’s full statement on Instagram below.

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