CoinMarketCap has 'identified and removed' malicious wallet scam

3 hours ago

According to a station connected CoinMarketCap's X account, the malicious codification has been removed, though the squad insists the probe into the incidental is inactive ongoing.

CoinMarketCap has 'identified and removed' malicious wallet scam

CoinMarketCap, a price-tracking website for cryptocurrencies, has reportedly removed a malicious popup notification connected its website prompting users to verify their cryptocurrency wallets, according to a station connected its authoritative X account.

“We’ve identified and removed the malicious codification from our site,” CoinMarketCap said successful a station connected Friday.

CoinMarketCap has not finished investigating the issue

“Our squad is continuing to analyse and taking steps to fortify our security,” it added.

The update came little than 3 hours aft CoinMarketCap publically addressed the malicious notification amid rumors and speculation spreading connected societal media.

Many crypto users connected X said the malicious popup appeared to beryllium a phishing scam, a crypto scam that involves tricking victims into giving up their backstage keys oregon idiosyncratic information. Hackers often hijack trusted accounts oregon make fake ones to station phishing links that look to beryllium legitimate.

“We’re alert that a malicious popup prompting users to “Verify Wallet” has appeared connected our site,” CoinMarketCap said astatine the time.

Hackers, CoinMarketCapSource: Jameson Lopp

CoinMarketCap warned users not to link their wallet and reiterated that they were moving connected “resolving the issue.”

MetaMask and Phantom rapidly spotted the issue

Crypto idiosyncratic Jet claimed that MetaMask and Phantom had “red-flagged it.”

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At the clip of publication, users with a Phantom wallet browser hold are shown a informing that the website is “unsafe to use,” according to further probe by Cointelegraph.

Hackers, CoinMarketCapPhantom warned its users that the website is presently “unsafe to use.” Source: Phantom/CoinMarketCap

The incidental occurred astir 4 years aft CoinMarketCap was hacked successful October 2021, resulting successful the leak of implicit 3.1 cardinal (3,117,548) idiosyncratic email addresses.

The accusation came to airy aft the hacked email addresses were recovered to beryllium traded and sold online connected assorted hacking forums and revealed by Have I Been Pwned, a website dedicated to tracking hacks and compromised online accounts.

This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.

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