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MetaMask Users Are Warned About Possible Phishing Scheme

MetaMask Users Are Warned About Possible Phishing Scheme

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Crypto wallet users should be warned because the number of phishing schemes is increasing.

Halborn, a blockchain security company founded in 2019, is issued a warning to customers of crypto wallet MetaMask about phishing.

By blog post Luis Lubeck, Technical Education Specialist at Harborn, shares the cheats using emails to trick MetaMask users into giving out their passwords.

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An expert has thoroughly examined the MetaMask scam email it received at the end of July to give customers context on potential red flags.

Lubeck points out that even from at first glance, the email looks genuine and original to the site it impersonatesproblems may arise when viewed the language of the text and the e-mail address of the sender. For example, in the email, the company name is “Metamaks” and not “MetaMask”.

Another missing feature is lack of personalization. The training expert points out that whenever an email is sent from the official page of a financial institution or MetaMask, as in this case, certainly contains personal information about the customer.

It is also recommended to keep an eye out Correctness of URLs to which customers are redirected, and website name.

Lubeck also points out that in the case of the MetaMask phishing scheme scammers try to warn users using the phrase: “Make sure no one is watching you right now, never share your passphrase with other people”.

Finally, Lubeck believes that no one can detect every phishing incident. However, please note that customers should always be aware of such possibilities.

The best defense against such phishing attacks is to remain vigilant when receiving emails and think twice before doing anything that seems slightly unusual or potentially suspicious.

This isn’t the first time Halborn has lent a helping hand to MetaMask. In May, Halborn identified wallet vulnerabilities in browser-based crypto wallets, including MetaMask. In exchange for this information, MetaMask rewarded the blockchain security company with $50,000.

In other news recently, there has been Celsius, a cryptocurrency lending platform confirmed leaking customer email addresses while customers alerted each other to potential phishing schemes.

Gile K. - cryptanalyst

by Gile K. – Crypto Analyst, BitDegree


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