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Entrepreneur and investor Mark Cuban, whose net worth is over $5 billion, fell sufferer to a hack on the evening of Sept. 15. Cuban misplaced crypto property price $870,000 within the assault that compromised his MetaMask pockets, in response to a DL Information report.
On-chain sleuth Wazz first pointed out the sudden transactions within the MetaMask wallet labeled ‘Mark Cuban 2’ on EtherScan. The pockets had been inactive for over 5 months.
Cuban confirmed the hack to DL Information and mentioned he had misplaced 5 Ethereum (ETH) tokens, price round $8,170 at present costs. Nonetheless, he additionally misplaced USD Coin (USDC), Polygon (MATIC), Lido staked Ethereum (stETH), and tokens from SuperRare and Ethereum Title Service.
Many of the proceeds from the hack have been nonetheless mendacity within the hacker’s wallet on the time of writing. Cuban managed to switch round $2 million USDC from the pockets to Coinbase Custody and save most property from being stolen.
Malicious MetaMask extension
In line with Cuban, he’s “fairly positive” he downloaded a malicious model of MetaMask, which led to the hack. He instructed DL Information:
“I went on MetaMask for the primary time in months. They should have been watching.”
Malicious actors typically create faux extensions of MetaMask to hoodwink customers into divulging personal keys or seed phrases. As soon as the dangerous actors achieve entry, they will simply drain property.
Cuban mentioned his MetaMask software “crashed a pair occasions,” after which he locked his non-fungible tokens (NFTs) on OpenSea and moved all his MATIC from the account.
This isn’t the primary time Cuban has suffered crypto losses. When Iron Finance’s TITAN stablecoin collapsed in a supposed rug pull in 2021, Cuban misplaced an unspecified quantity of property.
Moreover, Cuban is the most recent goal in a string of high-profile crypto hacks and scams. Crypto alternate CoinEx reportedly lost $27 million in a hack on Sept. 12.
Final week, Ethereum co-founder Vitalike Buterin’s X account was hacked and used to advertise a fishing hyperlink. The scammers stole round $700,000 price of NFTs and crypto from the victims.
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