MetaMask Addresses Hacking Of Ethereum Wallet
It’s been just revealed that MetaMask addressed the hacking of its ETH wallet. CHeck out the latest reports about this below. MetaMask addresses ETH wallet hack Accoridng to the latest reports coming from the online publ...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
It’s been just revealed that MetaMask addressed the hacking of its ETH wallet. CHeck out the latest reports about this below.
MetaMask addresses ETH wallet hackAccoridng to the latest reports coming from the online publication the Daily Hodl, the crypto wallet MetaMask is addressing recent reports of Ethereum (ETH) wallets being hacked for millions of dollars, saying that the attacks are not related to weaknesses in the company’s software.
Earlier this week, Taylor Monahan, CEO of Ethereum-focused wallet MyCrypto, said in a lengthy thread that she had uncovered a “massive wallet draining operation,” which saw 5,000 ETH siphoned across 11 different chains since December 2022.
He also stated the fact that the hacks are targeting large wallets belonging to “OG” Ethereum holders who likely practice high levels of security.
“For the past 48 hours, I’ve been unwinding a massive wallet draining operation. I don’t know how big it is, but since Dec 2022, it’s drained 5000+ ETH and ??? in tokens/NFTs (non-fungible tokens)/coins across 11+ chains…”
He continued and said this:
“This is NOT a low-brow phishing site or a random scammer. It has NOT rekt a single noob. It ONLY rekts OGs…”
He concluded by saying the following:
“[As far as I know], no one has determined the source of their compromise. Multiple devices have been forensic’d. Nothing.”
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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