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MetaMask warns investors against phishing attempts by scammers

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MetaMask warns investors against phishing attempts by scammers

Source: blockchain.news

MetaMask, a popular cryptocurrency wallet provider, has issued a warning to investors about ongoing phishing efforts. These phishing attempts are carried out by scammers attempting to contact consumers through Namecheap’s third-party upstream system for emails.

Web hosting company Namecheap discovered that one of its third-party services had been abused on the night of February 12 in order to send some spam emails, which were specifically targeted against MetaMask users. “email gateway issue” was how Namecheap referred to the situation at hand.

In the proactive notice, MetaMask informed its millions of users that it does not collect Know Your Customer (KYC) information and would never contact users via email to discuss account details. This was done to ensure that users are aware that the company does not perform KYC checks.

The phishing emails sent by the hacker include a link that, when clicked, takes the recipient to a fake MetaMask website that requests a sensitive recovery phrase “to keep your wallet safe.”

The wallet provider warned investors not to reveal their keywords, as doing so would give an unauthorized third party full control over the user’s cash.

NameCheap also verified that its services were not compromised in any way, nor was customer information compromised as a result of this incident. Namecheap acknowledged that its mail delivery was restored within two hours of the original notification and that all future notifications will now come from the official source.

On the other hand, the main issue with spamming is still being looked at right now. When dealing with correspondence from MetaMask and Namecheap, investors are cautioned to double-check the website URLs, email addresses, and contact points provided by the companies.

A hacker used Google’s ad services in January to steal non-fungible tokens (NFTs) and cryptocurrencies from investors. This incident took place in January.

After inadvertently installing malicious malware that was placed in a Google advertisement, the NFT influencer known as NFT God suffered “a life-changing amount of loss.”

The event occurred when the influencer used the Google search engine to download OBS, which is open source software for streaming videos. However, you chose to click the link leading to a sponsored advertisement instead of the legitimate link, resulting in a loss of financial resources.

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