Why MetaMask Warned About A Feature That Could Put Your Funds At Risk
Via their official Twitter handle, popular crypto wallet provider MetaMask warned their users about functionality that could endanger their funds. Related to the wallet’s iCloud backup for an app’s data, if the users have a weak password, they become susceptible to bad actors. Related Reading | U.S. Links North Korean Hacker Lazarus To $622 Million Axie […]
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The firm warned that If an Apple user has enabled automatic iCloud backups of their MetaMask wallet data, their seed phrase is being stored online. ConsenSys-owned crypto wallet provider MetaMask has sent out a warning to the community regarding Apple iCloud phishing attacks. The security issue for iPhone, Mac, and iPad users is related to default device settings which see a user’s seed phrase or “password-encrypted MetaMask vault” stored on the iCloud if the user has enabled automatic backups for their app data. In a Twitter thread posted on April 18, MetaMask noted that users run the....
"Ultimately, we've learned that our password encryption feature's security was partially undermined by browser behavior," said the team at MetaMask. On Wednesday, MetaMask said that it uncovered a critical security vulnerability in older versions of its crypto wallet with the help of security researchers at Halborn. The security firm was awarded a bounty of $50,000 for the discovery. For users of the MetaMask extension before version 10.11.3, three necessary conditions would have led to the potential vulnerability. They are: (1) an unencrypted hard drive, (2) having imported a secret....
MetaMask announced a new feature Tuesday: token swaps directly within the popular Ethereum browser extension and mobile application.
The latest MetaMask phishing scam asks users for their seed phrase in a Google Docs form posing as an official support portal. Crypto wallet provider MetaMask has alerted its users of a new phishing bot that attempts to steal their seed phrases.In a tweet published Monday, May 3, MetaMask warned users that the bot attempts to direct users to a purported “instant support” portal where they are prompted to enter information into a Google Docs form.PHISHING ALERT!: a new type of phishing bot is becoming active. Comes from an account that looks “normal” (but few followers) Helpfully suggests....
MetaMask has recently seen massive adoption as both the DeFi and NFT markets are surging. The increased adoption of the Ethereum network is bringing more investors into the market. Hence the need for storage wallets has gone through the roof. And MetaMask has benefitted greatly from this growth. MetaMask is a crypto wallet that allows […]