FacebookTwitterLinkedInTelegramCopy LinkEmail
Crime and Investigations

MetaMask Wallet Data Breach: What You Need to Know

MetaMask Wallet Data Breach: What You Need to Know

ConsenSys has announced that its popular product, the MetaMask cryptocurrency wallet, was compromised due to a data breach.

The attack targeted a third-party customer service provider, not the MetaMask application itself. The issue was discovered in August 2021 and resolved in February 2023.

ConsenSys claims that users who did not contact customer service during the affected period have nothing to worry about. However, MetaMask users who shared personal information with the third-party customer service provider during the said period may be at risk.

The attack may have compromised limited personal data, such as name, surname, date of birth, phone number, postal address, or economic and financial information.

Around 7,000 users worldwide were potentially affected, and three users reportedly suffered economic loss due to the breach. ConsenSys has since stopped unauthorized access and taken measures to mitigate the adverse effects of the incident.

READ MORE: Economist Nouriel Roubini Predicts Major Shift in Global Currency Landscape

Users of MetaMask can still feel confident using the app as the wallet itself does not require any of the personal information noted above to function.

ConsenSys has advised users to remain vigilant, never share their seed phrase or personal information, and report suspicious requests or messages. By doing due diligence and staying alert, users can keep themselves and their assets safe in the wild frontier of cryptocurrency.

Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.

Learn more about crypto and blockchain technology.