New iCloud phishing scam could drain users’ MetaMask crypto wallets
- A Twitter user said that digital assets worth $650,000 were stolen from their
MetaMaskwallet through this scam.
- MetaMask has noted that those who use
iCloudbackups could be susceptible to this hack.
- MetaMask’s wallet is amongst the most common
cryptowallet services online.
“If you have enabled iCloud backup for app data, this will include your password-encrypted MetaMask vault. If your password isn’t strong enough, and someone phishes your iCloud credentials, this can mean stolen funds,” the tweet read, followed by two others that showed users how to disable iCloud backups on their MetaMask wallets.
If you have enabled iCloud backup for app data, this will include your password-encrypted MetaMask vault. If your… https://t.co/V9KBwlplS2— MetaMask (@MetaMask) 1650212509000
MetaMask’s warning isn’t a random post from a company looking to brand itself as a security-conscious firm. The Twitter thread was posted after a user, who goes by Domenic Iacovone on Twitter, posted that his entire MetaMask wallet had been “totally wiped out”.
On April 15, the user tweeted that his MetaMask wallet contained non-fungible tokens (NFTs) MAYC 28478, MAYC 8952, and MAYC 7536 from the Mutant Ape Yacht Club (MAYC) 10K project. It also had 100K in Ape coin and other NFTs, the user said.
“This is how it happened. Got a phone call from Apple, literally from Apple (on my caller Id) Called it back because I suspected fraud and it was an Apple number. So I believed them. They asked for a code that was sent to my phone and 2 seconds later my entire MetaMask was wiped,” the user wrote in his thread.
NEW PHISHING SCAM Already $650,000 stolen from a single individual and it's going to happen to a lot more peop… https://t.co/G9659k3aJt— Serpent (@Serpent) 1650169252000
Users under threat
MetaMask’s warning isn’t to be taken lightly either. The company runs one of the largest crypto wallets in the world in terms of the user base. While MetaMask has competitors, like
In fact, its chief competitor Ronin was also part of a crypto hack recently. The wallet attached to the popular NFT game Axie Infinity suffered a $625 million hack last month. That hack, however, was much more complex than the MetaMask phishing scam explained above.
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