Cryptocurrency pockets supplier MetaMask has denied claims that an exploit of its pockets is the reason for a “huge pockets draining operation” that has claimed over 5,000 Ether (ETH).
On April 18, MetaMask tweeted in response to a collection of tweets posted on April 17 by Taylor Monahan, the founding father of Ethereum pockets supervisor MyCrypto, who defined an unidentified wallet-draining exploit has stolen over $10.5 million in crypto and nonfungible tokens (NFTs) since December 2022.
“Latest reporting on [Monahan’s] thread has incorrectly claimed {that a} huge wallet-draining operation is a results of a MetaMask exploit,” MetaMask mentioned.
Latest reporting on @tayvano_’s thread has incorrectly claimed {that a} huge pockets draining operation is a results of a MetaMask exploit.
That is incorrect. This isn’t a MetaMask-specific exploit. https://t.co/MiJ3QgslMy
— MetaMask (@MetaMask) April 18, 2023
“That is incorrect. This isn’t a MetaMask-specific exploit,” it added.
The pockets supplier mentioned the 5,000 ETH was stolen “from varied addresses throughout 11 blockchains,” once more reaffirming the declare that funds have been hacked from MetaMask “is wrong.”
Chatting with Cointelegraph, Ohm Shah the co-founder of Pockets Guard mentioned the MetaMask crew has been “researching tirelessly” and there may be “no stable reply to how this has occurred.”
“There are tons of unbiased safety researchers additionally investigating this,” Shah mentioned.
He speculated it was attainable to imagine that there had been “some form of Non-public Key or Seed Phrase Leak.”
In its newest collection of tweets, MetaMask confirmed its safety crew was researching the supply of the exploit and was “working with others throughout the Web3 pockets area”
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In her thread on the exploit, Monahan said that “nobody is aware of how” this huge assault was carried out however her “finest guess” was {that a} important quantity of previous knowledge was obtained and used it to extract the funds.
She additionally initially claimed the attacker was draining long-time MetaMask customers and workers by utilizing MetaMask.
Monahan later said the exploit just isn’t MetaMask-specific and “customers of all wallets, even these created on a {hardware} pockets” have been impacted by the exploit.
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