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...
Archive context
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.
Original source
Read on CryptoGazetteRelated market context
US Charges Man After Crypto Scam Wallets Received More Than $53M
TL;DR U.S. prosecutors have charged a Vietnamese national with money laundering tied to alleged cryptocurrency “pig butchering” sc...
Bitfinex reports massive surge in ETH short positions as bearish bets pile up
The surge in ETH short positions on Bitfinex could lead to heightened market volatility, potentially triggering a significant shor...
New Bitcoin proposal rescues locked multisig wallets – At a hidden cost
Bitcoin's BIP138 wallet-backup proposal was merged into the Bitcoin Improvement Proposals repository on Sept. 21, but the specific...
ARK partners with Securitize to put a venture fund on Ethereum, but leaves exit doors locked
ARK Invest and Securitize announced on Sept. 24 that eligible investors would be able to hold tokenized interests in the ARK Ventu...
Bitget Confirms $351.6M Hot Wallet Breach And Pauses Withdrawals
Bitget says unauthorized transfers affected approximately $351.6 million held across parts of its hot and warm wallet infrastructu...
An $84 million US asset seizure just sparked a massive question for Tether
Tether has disclosed exposure to EQIBank as the bank fights a US seizure involving payment processor Capstone Limited, raising a q...