MetaMask denies allegations of losing $10 million from wallets

Accusations of loss of funds from MetaMask wallets

Recently, the cryptocurrency community has been spreading information about the hacking of MetaMask wallets, which resulted in the loss of $10 million by users.

MetaMask’s response to the accusations

MetaMask representatives deny the allegations of the loss of funds from the wallets and emphasize that they have nothing to do with the hack. They claim that security measures, such as two-factor authentication and confirmation of transactions via email, are in place.

Event analysis

The analysis of the incident revealed that the hacking of MetaMask wallets was not a massive one, but was carried out using social engineering. The attackers managed to take away users’ access to their wallets and execute transactions worth $10 million.

Conclusion.

Security of wallets in the crypto world Such cases of wallet hacking remind us of the importance of observing security measures when working with cryptocurrencies. In addition, they show that the security of wallets in the crypto world depends not only on the efforts of developers but also on the user.

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Miroslav
Miroslav

My name is Miroslav. I was born in the city of Chernivtsi. Since childhood I was a very active and energetic guy. I loved playing basketball, running and exploring the world around me. I always tried to be the best at what I did. Outside of work, I'm into playing guitar, it helps me relax and enjoy life. I also love to travel and visit new places. I have had many challenges and obstacles in my life, but I have always set goals for myself and tried to achieve them. I believe that the most important thing in life is to develop and constantly improve yourself.

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