Mark Cuban’s Crypto Wallet Hacked, $870,000 Lost

Hackers person seemingly compromised a wallet belonging to billionaire capitalist Mark Cuban, stealing a fig of cryptocurrencies. The proprietor of the Dallas Mavericks NBA team, who confirmed the breach, has been capable to transportation the remaining integer funds to U.S. crypto speech Coinbase.

Mark Cuban’s Metamask Wallet Drained by Hackers

Cryptocurrency worthy hundreds of thousands of U.S. dollars has been evidently stolen by hackers from a blistery wallet owned by American entrepreneur Mark Cuban. The billionaire confirmed to crypto media helium was the unfortunate of an attack.

The suspicious question of funds from the wallet, which had been inactive for 160 days, was archetypal noticed by blockchain sleuth Wazz (X grip @WazzCrypto) connected Friday.

Lmao, did Mark Cuban’s wallet conscionable get drained?

Wallet inactive for 160 days and each assets conscionable moved pic.twitter.com/vWnMZFyHB5

— Wazz (@WazzCrypto) September 15, 2023

In a substance of minutes, amounts successful assorted cryptocurrencies, including stablecoins and tokens, worthy a full of $870,000 were drained, according to the transaction history of the Metamask wallet identified arsenic ‘Mark Cuban 2’ connected Etherscan.

Cuban confirmed the hack of his wallet to the crypto quality outlet DL News. “I went connected Metamask for the archetypal clip successful months. They indispensable person been watching,” helium said, adding: “I’m beauteous definite I downloaded a mentation of Metamask with immoderate crap successful it.” The wallet crashed respective times.

In a aboriginal transaction, astir $2 cardinal worthy of USDC was besides sent to a antithetic wallet. Cuban revealed that helium had transferred the remaining assets to Coinbase Custody. He besides said that helium locked his non-fungible tokens (NFTs) connected Opensea and transferred each his polygon, too. Crypto quality steadfast Arkham pointed out:

Mark Cuban’s code “mcuban” was drained for $870K past night.

What immoderate whitethorn person missed is that the harm could person been MUCH worse. Cuban had ~$2.5M USDC connected Polygon, successful the aforesaid wallet!

Luckily, helium managed to transportation it to Coinbase without the hacker realizing. pic.twitter.com/DVoygYC88f

— Arkham (@ArkhamIntel) September 16, 2023

Mark Cuban’s investing successful the crypto abstraction hasn’t gone without issues. In 2021, helium mislaid connected an concern successful a task named Iron Finance erstwhile the worth of its stablecoin called titan evaporated, wiping retired his holdings arsenic well.

Prominent members of the crypto assemblage person besides suffered from hacks. Days ago, Vitalik Buterin’s relationship connected X, formerly Twitter, was breached to beforehand a crypto scam resulting successful the nonaccomplishment of implicit $690,000 for those who fell for the fraud. The laminitis of Ethereum aboriginal confirmed helium was the unfortunate of a SIM swap attack.

What are your thoughts connected incidents similar the hacking of Cuban’s crypto wallet and Buterin’s X account? Tell america successful the comments conception below.