Topic: Mark Cuban's Metamask was hacked (Read 479 times)
Of all millions of people involved with the expanding and exciting cryptocurrency industry, we are always assuming that Mark is one who is already well-versed with the safety measures that one should undertake when one is in this industry. I am expecting that Mark Cuban should open up all the details surrounding his Metamask wallet hack so that we can be forewarned and can be learning many things with the end-view of us avoiding the same trap and for Metamask to implement a more secured and safe platform. This is actually sad news because imagine Mark Cuban is not a neophyte with this whole thing and he has an advanced knowledge on many things related to cryptocurrency safety and security. It is getting unfortunate that this kind of story is going to be so "normal" in the coming years...a very sad situation for the victims really.
-This news reminds us once again that even if you are tech-savvy, you should be very careful when using crypto wallets.
My point exactly, some people talking so confident and acting all tough forgetting no one is above making a mistake, even the slightest of it can get you in trouble. Can't be be too careful as long as you are human and most importantly being on the Internet.
Whether it was an accident, or done on purpose for cheap publicity, the fact remains this can be someone else story. Some type of hacks can leave you speechless and in total dismay.
I'm sure there are dozens of stories like this, just with smaller numbers, and people who are not popular. I don't think that's too funny, but defending him is pointless too. He's a rich guy who won't be affected by this much. We should learn this lesson if we haven't done that before.
-This news reminds us once again that even if you are tech-savvy, you should be very careful when using crypto wallets.
My point exactly, some people talking so confident and acting all tough forgetting no one is above making a mistake, even the slightest of it can get you in trouble. Can't be be too careful as long as you are human and most importantly being on the Internet.
Whether it was an accident, or done on purpose for cheap publicity, the fact remains this can be someone else story. Some type of hacks can leave you speechless and in total dismay.
In any case, I am still very skeptical on this hack. Mark Cuban is not a newbie in the cryptospace.
I am also having doubts about the hack. He's a billionaire and he knows his thing. He's not been around to the cryptospace as if he's really a newbie.No he's not.
But if this case is for real, then this just means that even the most experienced and rich people do really commit a mistake, an expensive mistake to say.
The skeptical me is thinking that Mark Cuban might have wanted to launder the coins in the wallet, however, the wallet is publicly known as his wallet. The only move he can make is have his wallet drained to zero, claim it was hacked and mix those coins where they cannot be detected anymore. He can presently buy new tokens and NFTs without public knowledge. It is also the best time to speculate on some undervalued NFTs again that could be bluechips on the next bull market.
Didn't he gave any words about this since he's been in the headlines and news. He probably forgotten that eyes of everyone are all on these famous people like him and their wallets.
He can say any words to declare that he was hacked, however, my skeptical side would not trust it. We are in a bear market where there are undervalued tokens and NFTs. These big names would certainly not want everyone to know where their money is going or anything he buys will pumped and he might not buy at a good price hehehehe.
In any case, what are the other wallets with famous owners. The owners might follow Mark Cuban's tactic and might be hacked also hehehe.
How can someone who has over $870,000 worth of crypto across his metamask wallet be moved by a promise of eth, which will be around $8k +? This one is really on him, and he should not blame anyone for his mistake. Who knows, this could just be some cheap hackers who don't even know the amount he had in their wallet before they made their hacking attempts, because if they had known, I believe they could have used a higher amount in order to lure him in to the scam.
Just the fifth, which made him lose access to a fortune, well, I don't even think this will hurt him that much.
Well that's what greed can do to a man because if his greed hadn't played on him then like you said 5 Eth is too small for someone who own that amount of fortune and believe me bro when I tell this particular thing can happen to anyone because we all got that human greedy nature in us but for some it's actually lying sleepy till something triggers it because I have seen and heard of so many cheap scam in which if you hear the whole base of it you can begin to get angry but still yet people actually still fall for these cheap scams. Just the fifth, which made him lose access to a fortune, well, I don't even think this will hurt him that much.
Don't dismiss Mark Cuban's situation as an "oh, poor billionaire" moment. This may happen to anyone. A 5 ETH hack hit him, but the ripples are bigger. Around $870,000 for 10 cryptocurrencies? This incident should wake everyone up, especially those who engage in DeFi, altcoins, etc.
Is it the Lazarus group again? Maybe. But hackers are everywhere, waiting to exploit your weaknesses. Are your private keys secure? Have you heard of two-factor authentication or hardware wallets? Educate yourself or cybercriminals will target you.
You may laugh at Mark Cuban's tragedy, but you may be the next headline. Stop treating crypto like a video game and tighten your security. Money matters and losses hurt.
That is such an important and astute observation that many people overlook unfortunately. I do agree that it is a big deal but not enough people give attention to it at all. I agree that people should be getting a lot more care with how they are securing their crypto and all of these examples are terrible for the outlook of crypto, it may make a lot of people feel like crypto is not secure at all and avoid it all together which would make going up in price a lot harder.Is it the Lazarus group again? Maybe. But hackers are everywhere, waiting to exploit your weaknesses. Are your private keys secure? Have you heard of two-factor authentication or hardware wallets? Educate yourself or cybercriminals will target you.
You may laugh at Mark Cuban's tragedy, but you may be the next headline. Stop treating crypto like a video game and tighten your security. Money matters and losses hurt.
I believe that people should be a lot more careful with it, crypto is not dangerous, it's how you try to protect them which will matter and if you do not protect it carefully then you are going to get it stolen just like how Mark Cuban got his stolen.
Although he lost a large fortune, I do not think that this loss affected him much, especially since he found the courage to use a wallet containing this value of assets on an unknown site, which later turned out to be a successful scam attempt.
From the information mentioned in the article, there are no clear details about how the hackers succeeded in their operation, only by promising a percentage of profits that is considered very small compared to the amount they found on the wallet, and most likely they were not expecting that in the first place.
From the information mentioned in the article, there are no clear details about how the hackers succeeded in their operation, only by promising a percentage of profits that is considered very small compared to the amount they found on the wallet, and most likely they were not expecting that in the first place.
In any case, I am still very skeptical on this hack. Mark Cuban is not a newbie in the cryptospace.
I am also having doubts about the hack. He's a billionaire and he knows his thing. He's not been around to the cryptospace as if he's really a newbie.No he's not.
But if this case is for real, then this just means that even the most experienced and rich people do really commit a mistake, an expensive mistake to say.
The skeptical me is thinking that Mark Cuban might have wanted to launder the coins in the wallet, however, the wallet is publicly known as his wallet. The only move he can make is have his wallet drained to zero, claim it was hacked and mix those coins where they cannot be detected anymore. He can presently buy new tokens and NFTs without public knowledge. It is also the best time to speculate on some undervalued NFTs again that could be bluechips on the next bull market.
Didn't he gave any words about this since he's been in the headlines and news. He probably forgotten that eyes of everyone are all on these famous people like him and their wallets.
Well, obviously yes! Any person with ridiculous amount of wealth will be a primary target for any financial attacks.
Let's just say that it is every person whether with huge or small amount of wealth on their wallets can be targeted. These hackers don't choose their victims, everyone is their potential victim. 
Don't dismiss Mark Cuban's situation as an "oh, poor billionaire" moment. This may happen to anyone. A 5 ETH hack hit him, but the ripples are bigger. Around $870,000 for 10 cryptocurrencies? This incident should wake everyone up, especially those who engage in DeFi, altcoins, etc.
Is it the Lazarus group again? Maybe. But hackers are everywhere, waiting to exploit your weaknesses. Are your private keys secure? Have you heard of two-factor authentication or hardware wallets? Educate yourself or cybercriminals will target you.
You may laugh at Mark Cuban's tragedy, but you may be the next headline. Stop treating crypto like a video game and tighten your security. Money matters and losses hurt.
Is it the Lazarus group again? Maybe. But hackers are everywhere, waiting to exploit your weaknesses. Are your private keys secure? Have you heard of two-factor authentication or hardware wallets? Educate yourself or cybercriminals will target you.
You may laugh at Mark Cuban's tragedy, but you may be the next headline. Stop treating crypto like a video game and tighten your security. Money matters and losses hurt.
How can someone who has over $870,000 worth of crypto across his metamask wallet be moved by a promise of eth, which will be around $8k +? This one is really on him, and he should not blame anyone for his mistake. Who knows, this could just be some cheap hackers who don't even know the amount he had in their wallet before they made their hacking attempts, because if they had known, I believe they could have used a higher amount in order to lure him in to the scam.
Just the fifth, which made him lose access to a fortune, well, I don't even think this will hurt him that much.
Just the fifth, which made him lose access to a fortune, well, I don't even think this will hurt him that much.
He's a businessman there some things they take a risks for which we won't be able to understand, just like how he got moved with that ETH promise lol.
Nevertheless, this won't going to hurt his wealth.
He said it could be the Metamask extension that caused the hacking incident, he even said that he hasn't moved this wallet for months until that specific time and so he suspected that he has been watched all the time. Well, obviously yes! Any person with ridiculous amount of wealth will be a primary target for any financial attacks.
In any case, I am still very skeptical on this hack. Mark Cuban is not a newbie in the cryptospace.
I am also having doubts about the hack. He's a billionaire and he knows his thing. He's not been around to the cryptospace as if he's really a newbie.No he's not.
But if this case is for real, then this just means that even the most experienced and rich people do really commit a mistake, an expensive mistake to say.
The skeptical me is thinking that Mark Cuban might have wanted to launder the coins in the wallet, however, the wallet is publicly known as his wallet. The only move he can make is have his wallet drained to zero, claim it was hacked and mix those coins where they cannot be detected anymore. He can presently buy new tokens and NFTs without public knowledge. It is also the best time to speculate on some undervalued NFTs again that could be bluechips on the next bull market.
Imagine that Mark Cuban who is a successful entrepreneur and has an absolute idea on what he is doing is hacked.
(....)
This is why it is really important to learn basic things about internet security. You already said it, even Mark Cuban who we know that he is into technology. It means he is very not cautious.(....)
So for me, what happened on Mark Cuban is just a normal day for other people who are also getting hacked because of their own doings or not being cautious. Well, can't blame them, it must be a lesson to them.
In any case, I am still very skeptical on this hack. Mark Cuban is not a newbie in the cryptospace.
I am also having doubts about the hack. He's a billionaire and he knows his thing. He's not been around to the cryptospace as if he's really a newbie.No he's not.
But if this case is for real, then this just means that even the most experienced and rich people do really commit a mistake, an expensive mistake to say.
we can't say that for sure. sometimes, simple things you can forget, esp if you have lots of things to think about. so for me, he's also the same with us. you can commit some mistakes. and forget some few things.
the difference is, that amount won't make him bankrupt, his life still goes on. whereas, if it happens to us, i don't think we can recover fast. it is like your lifetime's savings already.
But with little mistake, this is for sure going to bring a lot of losses for him. It could be just a few percent of his wealth but for people like us, that's a lot.
He's just not careful at all and probably will discourage himself to get back on his shoes on this investment that he's got on the crypto market.
It turns out, even if a billionaire is not careful in guarding his wallet, he will experience hacking. From this case, I personally have to be more careful in maintaining wallet security, because in my opinion the biggest risk in crypto is actually due to fraud, not because the price is falling. I don't know why he was so careless, it looks like Mark Cuban accidentally downloaded a very sophisticated trojan into his MetaMask. In other words, he was tricked into downloading malware that compromised his wallet. Because almost all metamask wallet "hacks" that occur are caused by scams like this.
As intelligent as he might be, maybe Cuban did download malware/fake software himself and if time is of the essence it makes it more probable. Still, it would be almost unreal if he was doing many of those things himself. Does he not have a team of assistants to run various chores and errands for him? Considering his wealth, that is something that usually comes with the trappings of being rich.
we can't say that for sure. sometimes, simple things you can forget, esp if you have lots of things to think about. so for me, he's also the same with us. you can commit some mistakes. and forget some few things.
the difference is, that amount won't make him bankrupt, his life still goes on. whereas, if it happens to us, i don't think we can recover fast. it is like your lifetime's savings already.
the difference is, that amount won't make him bankrupt, his life still goes on. whereas, if it happens to us, i don't think we can recover fast. it is like your lifetime's savings already.
In any case, I am still very skeptical on this hack. Mark Cuban is not a newbie in the cryptospace.
I am also having doubts about the hack. He's a billionaire and he knows his thing. He's not been around to the cryptospace as if he's really a newbie.No he's not.
But if this case is for real, then this just means that even the most experienced and rich people do really commit a mistake, an expensive mistake to say.
we can't say that for sure. sometimes, simple things you can forget, esp if you have lots of things to think about. so for me, he's also the same with us. you can commit some mistakes. and forget some few things.
the difference is, that amount won't make him bankrupt, his life still goes on. whereas, if it happens to us, i don't think we can recover fast. it is like your lifetime's savings already.
In any case, I am still very skeptical on this hack. Mark Cuban is not a newbie in the cryptospace.
I am also having doubts about the hack. He's a billionaire and he knows his thing. He's not been around to the cryptospace as if he's really a newbie.No he's not.
But if this case is for real, then this just means that even the most experienced and rich people do really commit a mistake, an expensive mistake to say.
It was not clear how he was hacked, however, he mentioned that the hackers got him for 5 ETH and he has not used the wallet for 160 days. But when he began to use it, his Metamask was drained to zero. Someone might have promised him a 5 ETH profit and what occurred was a $870,000 surprise hehehe.
Mark Cuban is not best role model to look up to when it comes to security of our crypto assets. According to what I read, he was phished. He downloaded Metamask after searching on Google and clicked one of those phishing links.
This might also then be Google's fault for not doing a good job on checking who are these people that request for sponsored ads to be shared in their search results. Many of these phishing attacks that have occurred in the cryptospace were from those fake sponsored google links.
In any case, I am still very skeptical on this hack. Mark Cuban is not a newbie in the cryptospace.
It’s pretty crazy that someone as involved in crypto and with as much business and financial/technical knowledge as Mark Cuban could still manage to easily lose their money from their wallet. This is a danger that will definitely keep web3 from gaining adoption. Be careful out there folks. The scammers are everywhere and constantly evolving.
Hackers show no mercy even to investors like Mark Cuban in fact they will treat it as an achievement or a feather in their cap and this only shows even if you're a big name in the industry a false move or you are careless you will fall to a hacker's trap.
Mark already admitted his carelessness in downloading a wallet that is full of shit, so be careful and try to be better than Mark anyway the amount is nothing to Mark but for us can't afford to lose any amount.
Big fish are an attractive target for a hacker. These hackers know how to clear their footsteps and use those funds unnoticed. Blockchain is transparent, and their trace can be tracked, but still, they have tarnished influential personalities like Vitalik, Mark Cuban --I'm not sure what he was thinking when he installed that wallet... Who keeps that much money in a metamask?
Sorry about the incident, I didn't know that even billionaires get scammed like this. These scams are supposed to be for the people who don't have a lot of money and when someone promises big returns to them they get excited and greedy thinking that they can earn a lot of money with what they have and then the scammer takes away what they have. But if someone has millions or billions of dollars, why would they be interested in getting 5 ETH from someone?
It was most probably done by a phishing website or something where he might have connected his wallet, or as he said, he might have downloaded the extension from somewhere unsafe and not from the official source which is a newbie mistake and someone of his calibre shouldn't have done that.
He didn't, it seems that no one looked past the headline here. It was most probably done by a phishing website or something where he might have connected his wallet, or as he said, he might have downloaded the extension from somewhere unsafe and not from the official source which is a newbie mistake and someone of his calibre shouldn't have done that.
He was scammed 5 eth with the tokens valued way more than that. He wasn't lured in for a scam for 5 eth. He was hacked. How he was hacked is whole another thing that we are not sure about yet. But probably he was just a victim of some basic wallet drainer. Or so it would seem, because tokens were taken after hacker realized that there were way more than that 5 eth to steal.
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