Major Security Warning For Anyone In Crypto

Crypto wallet MetaMask issued a warning advising users to disable their iCloud backups following an exploit of Apple’s service in an estimated $650,000 phishing scam.

Metamask stated on Sunday that users who have iCloud enabled for iPhone application data were susceptible to hackers because the backups include their password-encrypted MetaMask vault.

“If your password isn’t strong enough and someone phishes your iCloud credentials, this can mean stolen funds,” MetaMask tweeted.

In one such phishing attack, hackers drained an estimated $650,000 from NFT investor Domenic Iacovone’s OpenSea account, including several Mutant Ape Yacht Club collectibles, on April 14. 

Crypto is a high-risk, high-reward game and that is why it is essential to stay vigilant and always be aware of your own vulnerabilities and the latest attacks. Most problems can be mitigated by taking proactive steps. This is why NewRockStars is diligent about posting this type of content. Watch this video to see how to protect yourself in two seconds.