Cryptocurrency pockets supplier MetaMask has denied claims that an exploit of its pockets is the reason for a “large pockets draining operation” that has claimed over 5,000 Ether (ETH).
On April 18, MetaMask tweeted in response to a sequence 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.
“Current reporting on [Monahan’s] thread has incorrectly claimed {that a} large wallet-draining operation is a results of a MetaMask exploit,” MetaMask mentioned.
Current reporting on @tayvano_’s thread has incorrectly claimed {that a} large 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 numerous addresses throughout 11 blockchains,” reaffirming the declare that funds have been hacked from MetaMask “is inaccurate.”
Chatting with Cointelegraph, Pockets Guard co-founder Ohm Shah mentioned the MetaMask workforce has been “researching tirelessly,” and there’s “no strong reply to how this has occurred.”
“There are tons of impartial safety researchers additionally investigating this,” Shah mentioned.
He speculated it was potential to imagine that there had been “some form of personal key or seed phrase leak.”
In its newest sequence of tweets, MetaMask confirmed its safety workforce was researching the supply of the exploit and was “working with others throughout the Web3 pockets house”
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In her thread on the exploit, Monahan said that “nobody is aware of how” this large assault was carried out, however her “finest guess” was {that a} important quantity of outdated knowledge was obtained and used to extract the funds.
She additionally initially claimed the attacker was draining long-time MetaMask customers and staff through the use of MetaMask.
Monahan later said the exploit shouldn’t be MetaMask-specific and “customers of all wallets, even these created on a {hardware} pockets,” have been impacted by the exploit.
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