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Market News

MetaMask Denies Accusations of Wallet Hack Worth $10M 

Written By:
Rajpalsinh

Last updated: April 19, 2023 1:35 PM
Published April 19, 2023 1:35 PM
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Last updated: April 19, 2023 1:35 PM
Published April 19, 2023 1:35 PM
MetaMask Denies Accusations of Wallet Hack Worth $10M 

In the latest Twitter thread, MetaMask denied the latest claim of exploitation by Taylor Monahan, a founder of Ethereum wallet manager MyCrypto.

Recent reporting on @tayvano_’s thread has incorrectly claimed that a massive wallet draining operation is a result of a MetaMask exploit.

This is incorrect. This is not a MetaMask-specific exploit. https://t.co/MiJ3QgslMy

— MetaMask.eth 🦊 (@MetaMask) April 18, 2023

Furthermore, MetaMask refuted the claims that 5,000 ETH were stolen from their wallets, claiming that assets were stolen from numerous addresses across 11 blockchains. 

Also, the MetaMask team has launched an investigation to address the issue and found the roots behind this attack. 

Earlier, Taylor Monahan shared a Twitter thread about a stealthy cyber attack on OG crypto users, that pulled out $10 million worth of Ethereum. However, she also mentioned that the exploitation is not specific to MetaMask only.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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By Rajpalsinh
Meet Rajpalsinh, a Content Writer at The Crypto Times, where his magical hands, with over 2 years of experience, transform the cryptic world of crypto into laughably simple tales.

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