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Topic: Mark Cuban's Metamask was hacked - page 2. (Read 457 times)

legendary
Activity: 2492
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September 18, 2023, 11:12:59 AM
#26
Imagine that Mark Cuban who is a successful entrepreneur and has an absolute idea on what he is doing is hacked. I doubt that he got fished because of those 5 ETH, 5 ETH is nothing to him and there's a reason why he said about that thing. This is why we should be careful on what we are showing in the internet because all of us can possibly be a victim. He may be targeted by some hacker (knowing that he's rich) or he do this kind of false hack to himself to avoid tax or show hackers that he doesn't have anything in his wallet any more, in short Mark Cuban might want to show hackers that they can't gain anything from him anymore.

There's so much speculation running through my head because of this topic, we need clearer evidence or explanation why this accident occur.
full member
Activity: 2324
Merit: 175
September 18, 2023, 09:55:06 AM
#25
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.
legendary
Activity: 1162
Merit: 2025
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September 17, 2023, 04:56:18 PM
#24
I just gonna say if Mark Cuban keeps it on exchange maybe he is one of the sim-swapping attacks but if he keeps in on Metamask it is definitely a hack or he just doesn't save the private key properly or the phone got hacked.

But he is a billionaire I don't think him not save their precious like this hahaha

Regardless of whether what the economical status of a person is, if that person is not willing to take care of their private keys in a proper way or educate themselves, then it would better for them not to engage in with wallets or cryptocurrencies.

Sure, in this care it is a blow which may not affect him, but due to the unfortunate history of this person with crypto, I would not be surprised if he ended up losing more in the future.

It is one of those cases when maybe, one needs to realize a person is not supposed to hold crypto and just stick to mechanisms within traditional banking.
hero member
Activity: 2184
Merit: 798
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September 17, 2023, 04:51:14 PM
#23
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.

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.

With basic security know-how, everyone can protect their crypto assets better. At the end of the day, majority of the hacks in web3 space is either negligence of the protocol developer or ignorance of the year.
donator
Activity: 4760
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September 17, 2023, 03:26:56 PM
#22
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.
legendary
Activity: 2534
Merit: 1713
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September 17, 2023, 03:01:44 PM
#21
If the issue was not serious it would have been somewhat laughable and passed off as a joke. To be honest, it sounded more like a publicity stunt than a serious incident that should make us all more cautious about the software we install on our devices. The lesson is there for all to learn regarding verifying the software before installing it (checksum/signature) but it does seem strange why he would use Metamask to hold any form of assets especially to the value of approximately $870,000.

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.
hero member
Activity: 2576
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September 17, 2023, 01:44:23 PM
#20
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.
member
Activity: 333
Merit: 13
September 17, 2023, 12:14:31 PM
#19
Every one of us will download software on a regular basis but how many of us verify the signatures? It would take a couple of minutes for the checksum but many of us overlook it and continue to install the software without caution. If there was suitable anti-malware installed it might block the install but again if it is bypassed and installed the damage will inevitably be done.

This incident was unnecessary, he did not have to lose those funds. He really should have paid more attention to what he was downloading and from where. If any good can come from it, we all should look at it as a reminder to verify software before installing regardless of where we download it from.

He admitted downloading a version of Metamask that has shit on it from this we can conclude not because you are popular you are good at securing your account its always a case-to-case basis for every holder,
It will not affect his wealth but the thought that he has been hacked will make him realize that he can lose all his Cryptocurrency if he is not mindful of his security.

This is a reminder to all of us to always watch our wallets be updated on the latest method to secure our funds and get updated on how these hackers work so we can take the necessary actions.


This incident is not that big for him. But I hope it will be a big lesson for others.
legendary
Activity: 2534
Merit: 1713
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September 17, 2023, 10:41:55 AM
#18
Every one of us will download software on a regular basis but how many of us verify the signatures? It would take a couple of minutes for the checksum but many of us overlook it and continue to install the software without caution. If there was suitable anti-malware installed it might block the install but again if it is bypassed and installed the damage will inevitably be done.

This incident was unnecessary, he did not have to lose those funds. He really should have paid more attention to what he was downloading and from where. If any good can come from it, we all should look at it as a reminder to verify software before installing regardless of where we download it from.

He admitted downloading a version of Metamask that has shit on it from this we can conclude not because you are popular you are good at securing your account its always a case-to-case basis for every holder,
It will not affect his wealth but the thought that he has been hacked will make him realize that he can lose all his Cryptocurrency if he is not mindful of his security.

This is a reminder to all of us to always watch our wallets be updated on the latest method to secure our funds and get updated on how these hackers work so we can take the necessary actions.
hero member
Activity: 2940
Merit: 593
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September 17, 2023, 08:52:54 AM
#17
I wonder how Cuban's wallet could have been hacked. I don't know if it's because the hacker is very professional or because he's lucky. But after I read the link I found out that Cuban was likely hacked via a fake metamask extension.

Quote
Many fraudsters create fake MetaMask extensions or applications, tricking users into providing their private keys or seed phrases. Once these malicious actors gain access, they can easily drain users’ cryptocurrency wallets.

Maybe it was human error that Cuban was experiencing. I don't know but I don't think this will affect his wealth much.

He admitted downloading a version of Metamask that has shit on it from this we can conclude not because you are popular you are good at securing your account its always a case-to-case basis for every holder,
It will not affect his wealth but the thought that he has been hacked will make him realize that he can lose all his Cryptocurrency if he is not mindful of his security.

This is a reminder to all of us to always watch our wallets be updated on the latest method to secure our funds and get updated on how these hackers work so we can take the necessary actions.
legendary
Activity: 2534
Merit: 1713
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September 17, 2023, 08:27:30 AM
#16
What surprised me was the huge amounts of crypto he was holding on browser add-ons. Does it make sense to do that when there are many options available. You can use hardware and desktop wallets but to use a browser is not ideal for long-term storage. Considering he has an estimated wealth of over several billion USD$, he will get over the loss but the news should serve as a lesson for others to not get complacent.

This news reminds us once again that even if you are tech-savvy, you should be very careful when using crypto wallets.
legendary
Activity: 3010
Merit: 1460
September 17, 2023, 01:13:40 AM
#15
It's kind of funny if this is true.  He is a little full of himself in terms of being smarter than everyone else.  Wonder what he thought about when he found out it got swiped lol.  Stopped following him once he started riding elon's coattails on doge and being all anti btc.

Are loss of funds on hacked wallets tax deductable? I am beginnig to be skeptical. Also, Mark Cuban is not someone stupid and he did not become rich by being tricked easily. I reckon when those funds are mixed and traded into Ethereum, who would know if it was Mark Cuban who bought a bored ape and other NFTs?

He has reduced his taxes and he has bought NFTs without being detected hehehe. Let us not be surprised if another popular CEO's wallet is hacked.
copper member
Activity: 2128
Merit: 979
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September 16, 2023, 11:05:43 PM
#14
I just gonna say if Mark Cuban keeps it on exchange maybe he is one of the sim-swapping attacks but if he keeps in on Metamask it is definitely a hack or he just doesn't save the private key properly or the phone got hacked.

But he is a billionaire I don't think him not save their precious like this hahaha
EFS
staff
Activity: 3822
Merit: 2123
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September 16, 2023, 07:56:50 PM
#13
I don't think Cuban would do such a thing after 5 ETH or any other prize money. This seems more like a PR effort he's doing to get talked about. If he really had been subjected to such a fraud after 5 ETH, he would be ashamed to even talk about it. Although judging by past news, he seems to do this frequently.
This news reminds us once again that even if you are tech-savvy, you should be very careful when using crypto wallets.
legendary
Activity: 3738
Merit: 1415
September 16, 2023, 04:24:43 PM
#12
It's kind of funny if this is true.  He is a little full of himself in terms of being smarter than everyone else.  Wonder what he thought about when he found out it got swiped lol.  Stopped following him once he started riding elon's coattails on doge and being all anti btc.
hero member
Activity: 1344
Merit: 540
September 16, 2023, 04:22:29 PM
#11
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.

Apparently, the opposite is happening. That person who has only a couple of tens of dollars in his wallet tries to take every precaution so as not to lose his only coins, and the one who has thousands is so irresponsible with his funds. Knowing that our days on the Internet are like an ocean with sharks and so frivolously downloading software without checking it first implies such an ending sooner or later.
We often laugh at those who, without having many valuables, become paranoid about storage, although, if you look closely, it is always better to overdo it than to lose it like that and then blame yourself for inattention.

I guess that's what billionaires do, I mean they hide some money on crypto and later they forget everything about it, and then when he went back, everything it gone. But compare to us average joe, who really works very hard to earn and save and accumulate crypto overtime.

And I don't think that Lazarus Group is behind, this entity targets millions of crypto in one heist, so I doubt that they will target some peanuts amount even if it is identified to Mark Cuban.
legendary
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September 16, 2023, 03:49:34 PM
#10
Sucks for him but luckily he’s worth a lot of money so he won’t be too heavily hit by this hack, which for some would be their entire net worth. Poor personal security through laziness or just bad luck can happen to anybody. I feel sad for him but he will learn from this.
hero member
Activity: 2282
Merit: 560
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September 16, 2023, 09:13:06 AM
#9
I wonder how Cuban's wallet could have been hacked. I don't know if it's because the hacker is very professional or because he's lucky. But after I read the link I found out that Cuban was likely hacked via a fake metamask extension.

There is some speculation about this such as when some people say that Cuban has signed something that he shouldn't have from his MetaMask wallet or other speculation by saying that Cuban's private key has been compromised by irresponsible people according to the news I read but in this case what I can learn is how he can confidently store that much asset in a hot wallet which is definitely vulnerable to something like this.
Indeed, there are some coins that are said to be not only large coins but on the other hand, is it necessary for him to store that much asset in a hot wallet because in my opinion this is an action that is impossible for me to accept with my brain.
hero member
Activity: 2842
Merit: 625
September 16, 2023, 08:16:58 AM
#8
We just have to wait until investigators and freedom researchers will find the reason on how he's got hacked.

But just prepare yourselves that it's not going to be a surprising reason if it was actually him that f**ked. That has ended his wallet's private keys in the hands of the hackers.

Could be another email link that's sent to him and he's too gullible to believe its contents.
jr. member
Activity: 140
Merit: 2
September 16, 2023, 06:40:54 AM
#7
Cuban is falling for so many scams that he’s going to end up being a millionaire, so, i can take care of his assets
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