2 years ago
MetaMask stated its information squad is moving with others successful the Web3 wallet abstraction to uncover the root of this exploit.
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Cryptocurrency wallet supplier MetaMask has denied claims that an exploit of its wallet is the origin of a “massive wallet draining operation" that has claimed implicit 5,000 Ether (ETH).
On April 18, MetaMask tweeted successful effect to a bid of tweets posted connected April 17 by Taylor Monahan, the laminitis of Ethereum wallet manager MyCrypto, who explained an unidentified wallet-draining exploit has stolen implicit $10.5 cardinal successful crypto and nonfungible tokens (NFTs) since December 2022.
“Recent reporting connected [Monahan’s] thread has incorrectly claimed that a monolithic wallet-draining cognition is simply a effect of a MetaMask exploit,” MetaMask said.
Recent reporting connected @tayvano_’s thread has incorrectly claimed that a monolithic wallet draining cognition is simply a effect of a MetaMask exploit.
This is incorrect. This is not a MetaMask-specific exploit. https://t.co/MiJ3QgslMy
“This is incorrect. This is not a MetaMask-specific exploit,” it added.
The wallet supplier said the 5,000 ETH was stolen “from assorted addresses crossed 11 blockchains,” again reaffirming the assertion that funds were hacked from MetaMask “is incorrect.”
Speaking to Cointelegraph, Ohm Shah the co-founder of Wallet Guard said the MetaMask squad has been “researching tirelessly” and determination is “no coagulated reply to however this has happened.”
“There are tons of autarkic information researchers besides investigating this,” Shah said.
He speculated it was imaginable to presume that determination had been “some benignant of Private Key oregon Seed Phrase Leak.”
In its latest bid of tweets, MetaMask confirmed its information team was researching the root of the exploit and was “working with others crossed the Web3 wallet space”
Related: SafeMoon hacker agrees to instrumentality 80% of stolen funds, says improvement team
In her thread connected the exploit, Monahan stated that “no 1 knows how” this monolithic onslaught was conducted but her “best guess” was that a important magnitude of aged information was obtained and utilized it to extract the funds.
She besides primitively claimed the attacker was draining long-time MetaMask users and employees by utilizing MetaMask.
Monahan aboriginal stated the exploit is not MetaMask-specific and “users of each wallets, adjacent those created connected a hardware wallet” person been impacted by the exploit.
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