A widespread exploit has targeted experienced members of the cryptocurrency community since December 2022, resulting in over $10.5 million in non-fungible tokens (NFTs) and coins being stolen. Taylor Monahan, a developer at MetaMask, a cryptocurrency wallet, alerted the public to the issue. According to Monahan, the exploit has affected more than 11 blockchains, with at least 5,000 Ether (ETH) stolen. The extent of the losses is not yet known, and the exploit’s workings remain a mystery. Monahan warned that the exploit is particularly targeting those with more crypto experience and keys created between 2014 and 2022.
He advised those with their assets connected to a single private key to split up their assets or get a hardware wallet. Kaspersky, a cybersecurity provider, reported a 40% increase in crypto phishing attacks detected in 2022, indicating the growing danger posed to cryptocurrency holders.
