NuFi’s Secure Cardano Wallet Snap Officially Live on MetaMask Snap Directory

1 month ago 6

ARTICLE AD BOX

Tel Aviv, Israel, September 23rd, 2024, Chainwire

In a new development, NuFi, a non-custodial Web3 wallet provider, has introduced the Cardano Wallet Snap, allowing MetaMask users to connect to the Cardano blockchain. This integration enables users to manage ADA, interact with Cardano dApps, and leverage the full power of the Cardano ecosystem without needing to create a new wallet. To ensure the highest security standards, NuFi partnered with Sayfer, a cybersecurity firm specializing in blockchain security audits.

How Does the Cardano Wallet Snap Work?

Cardano is a non-EVM blockchain, which is not typically compatible with MetaMask. However, thanks to MetaMask’s Snaps feature, developers can now create additional functionalities for non-EVM chains such as Cardano. In response, NuFi developed the Cardano Wallet Snap, which provides a solution for directly integrating Cardano’s capabilities into the MetaMask interface. This feature allows users to manage their Cardano tokens, conduct transactions, and engage with Cardano dApps, all within the MetaMask environment, eliminating the need to switch to a different wallet interface.

Users can activate the Cardano Wallet Snap from the official MetaMask Snaps directory or connect to a Cardano-supported dApp with just one click. This quick integration is designed for ease of use and provides seamless access to Cardano’s DeFi services and NFT marketplaces.

NuFi Widget:

To improve the interaction between MetaMask and Cardano, NuFi developed the NuFi Widget, a user-friendly interface that simplifies managing Cardano assets within MetaMask. Users can buy ADA, stake tokens, manage NFTs, and perform cross-chain swaps through the widget. This eliminates the complexity of interacting with the Cardano blockchain, making the process intuitive even for new users.

The NuFi dashboard provides complete functionality for more advanced features, accessible from the widget itself or via wallet.nu.fi.

Sayfer’s Role in Securing the Cardano Wallet Snap

To safeguard users and ensure the platform’s integrity, NuFi enlisted Sayfer’s help to perform a thorough security audit. Sayfer, known for its expertise in auditing dApps and smart contracts, rigorously examined the snap’s codebase, identifying potential vulnerabilities and providing recommendations to strengthen its defenses.

NuFi shared their experience working with Sayfer: “As a non-custodial wallet developer, security is our top priority. Partnering with Sayfer has added a crucial layer of protection, directly benefiting our users. The team’s thoroughness and quick response time made a significant impact on our ability to launch securely.”

About Sayfer

Sayfer is a cybersecurity consulting firm specializing in tailored cybersecurity solutions for businesses.

Sayfer’s researchers and business threat analysts approach cybersecurity with a hacker mindset. This strategy allows Sayfer to prioritize and provide solutions to the most critical areas at risk and address vulnerabilities that traditional security products may overlook. Further, by adhering to the latest industry standards, such as the Smart Contract Security Verification Standard (SCSVSv2), Sayfer helps businesses comply with major regulations such as SOC2, ISO27001, and HIPAA.

At Sayfer, the team works tirelessly to ensure the safety and protection of Sayfer’s users’ businesses from cyber threats, providing them with the peace of mind to continue growing their businesses.

For more information on Sayfer and Nufi, readers can visit:

Sayfer on X | Nufi on X