1 year ago
Entrepreneur and capitalist Mark Cuban, whose net worth is implicit $5 billion, fell unfortunate to a hack connected the nighttime of Sept. 15. Cuban mislaid crypto assets worthy $870,000 successful the onslaught that compromised his MetaMask wallet, according to a DL News report.
On-chain sleuth Wazz archetypal pointed retired the abrupt transactions successful the MetaMask wallet labeled ‘Mark Cuban 2’ connected EtherScan. The wallet had been inactive for implicit 5 months.
Cuban confirmed the hack to DL News and said helium had mislaid 5 Ethereum (ETH) tokens, worthy astir $8,170 astatine existent prices. However, helium besides mislaid USD Coin (USDC), Polygon (MATIC), Lido staked Ethereum (stETH), and tokens from SuperRare and Ethereum Name Service.
Most of the proceeds from the hack were inactive lying successful the hacker’s wallet astatine the clip of writing. Cuban managed to transportation astir $2 cardinal USDC from the wallet to Coinbase Custody and prevention astir assets from being stolen.
Malicious MetaMask extension
According to Cuban, helium is “pretty sure” helium downloaded a malicious mentation of MetaMask, which led to the hack. He told DL News:
“I went connected MetaMask for the archetypal clip successful months. They indispensable person been watching.”
Malicious actors often make fake extensions of MetaMask to hoodwink users into divulging backstage keys oregon effect phrases. Once the atrocious actors summation access, they tin easy drain assets.
Cuban said his MetaMask exertion “crashed a mates times,” aft which helium locked his non-fungible tokens (NFTs) connected OpenSea and moved each his MATIC from the account.
This is not the archetypal clip Cuban has suffered crypto losses. When Iron Finance’s TITAN stablecoin collapsed successful a expected rug propulsion successful 2021, Cuban mislaid an unspecified magnitude of assets.
Furthermore, Cuban is the latest people successful a drawstring of high-profile crypto hacks and scams. Crypto speech CoinEx reportedly lost $27 million successful a hack connected Sept. 12.
Last week, Ethereum co-founder Vitalike Buterin’s X relationship was hacked and utilized to beforehand a sportfishing link. The scammers stole astir $700,000 worthy of NFTs and crypto from the victims.
The station Billionaire capitalist Mark Cuban loses $870K successful crypto successful MetaMask wallet hack appeared archetypal connected CryptoSlate.
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