Crypto Twitter shares security concerns regarding Meta’s latest NFT integration news
On Monday, Facebook and Instagram’s parent company, Meta, announced that users will now be able to post digital collectibles and non-fungible tokens (NFTs) across both platforms by simply connecting their digital wallets to both sites.
We are introducing the ability to cross-post digital collectibles @facebook and @instagram. You can now connect your digital wallet to both apps to share yours #NFTs on both.
Which NFT are you happy to share? pic.twitter.com/SlpwAuY02c
— Meta Newsroom (@MetaNewsroom) 29 August 2022
While Meta’s announcement may have seemed like a mass adoption victory to some digital asset enthusiasts, not all members of Crypto Twitter were thrilled with the news.
Skeptical users took to social media to express concerns about the security and privacy of the data exposed when digital wallets connect to these social media platforms.
Twitter user and Web3 community member NPC-Picac tweeted: “I don’t think leaving digital collectibles to link to ‘Meta’ is smart in any way.”
With Facebook has lost the data to
5 million users, 2013
14 m, 2018
50m, 2018
600m, 2019
540 m, 2019
1.5 m, 2019
419 m, 2019
309 m, 2019
533 m, 2021I don’t think it’s smart to leave digital collectibles to “Meta” in any way https://t.co/1V6ycTvJji
— NPC Picac (@PicacKc) 29 August 2022
Another Crypto Twitter community member, CryptoBartender, raised concerns about what Meta could possibly do with the data they access from digital wallets, tweeting: “So they can find out which wallets are yours and track you and your crypto activities? “
So they can find out which wallets are yours and track you and your crypto activities? This is worse than the government iwo. https://t.co/JoGsE46U2p
— CryptoBARTENDER (@CryptoBartender) 29 August 2022
Some users believed that publicly linking valuable digital assets to one’s identity could make users targets for fraud and theft. A user operating under the handle famousfxck asked: “This is great for adoption. But isn’t it also dangerous?”
This is great for adoption. But isn’t that also dangerous? Imagine posting on your personal account that you own a rare NFT worth millions of dollars…. https://t.co/kDWXZDdQfH
— Famousfxck (@famousfxck) 29 August 2022
Others shared their thoughts on individuals broadcasting even more personal data for the benefit of companies that have a long history of abusing users’ data and privacy.
Yes, give the clowns who abuse your personal data access to your wallet and trade history https://t.co/KtMI4mpGCS
— ledegend.eth | 0xCollector.eth | browse.web3 (@ledegend_eth) 29 August 2022
In the announcement, Meta revealed that, as part of keeping its platforms safe and fun, “people can use our tools to keep their accounts secure and report digital collectibles that violate our Community Guidelines.” Meta has not yet shared any concrete plans they have for keeping users’ digital wallet-related data safe.
