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Sonakshi Saxena
Sep 16, 2023
by Sonakshi Saxena

Mark Cuban Loses $870,000 in MetaMask Wallet Hack

Metamask Wallet hack

Table of contents

  1. Cubican claims he lost more than $870,000 in crypto-hacking
  2. MetaMask breach exposes con artists' dark web of stealing digital cash - CNET
Per Etherscan's exchange records, there was a quick withdrawal of different resources, including USD Coin (USDC), Tie (USDT), and Lido Marked Ether (stETH), from the wallet inside a concise 10-minute time span. Strangely, an extra $2 million worth of USDC was hence removed and moved to an elective wallet. This arrangement of exchanges really thinks that Imprint Cuban could have been organizing resource moves inside his portfolio.

Cubican claims he lost more than $870,000 in crypto-hacking

Notwithstanding, Cuban's misfortunes stretched out past the underlying 5 Ether, which is around esteemed at $9,000 at current rates. Altogether, he caused misfortunes of around $870,000, spread across 10 different cryptographic forms of money. Cuban stated to DL News, "I'm pretty sure I downloaded a version of MetaMask with some shite in it." Cuban claimed that he went to his account on his phone to clean it up when this hack occurred. Several times, MetaMask went down. I recently halted. Then, at that point, you messaged me. So I locked my NFTs on OpenSea. Cuban stated, "Transferred all of my Polygon to the account."

MetaMask breach exposes con artists' dark web of stealing digital cash - CNET

MetaMask extensions and applications are often made by con artists who trick users into giving out their private keys or seed phrases. When these vindictive people gain unapproved access, they can easily purge clients' digital money wallets. Mark Cuban described, "Since I was just utilizing the record that was compromised, my different records were not generally impacted."

Cuban added that he effectively moved the leftover resources for Coinbase utilizing the "dongle" used by Coinbase for verification. The extremely rich person accepts that the vast majority of crypto tokens will go belly up.

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Mark Cuban metamask wallet hack
Mark Cuban Loses $870,000 in MetaMask Wallet Hack
Sonakshi Saxena
Sonakshi is into the crypto world ever since she heard about it and is pursuing her interest through Cryptoknowmics. She is a sensational poet, technical writer and content strategist.

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