Your Crypto Wallets Linked To iCloud Are At High Risk Of Phishing, Says Metamask


What this means is that a user’s iCloud account could be compromised. This is dangerous because if your iCloud credentials and access is compromised, it means that all passwords on your account, including linked cryptocurrency wallets would be available to hackers.

What must you do in this situation? As Metamask put it, simply disable iCloud backups for your cryptocurrency wallets. Metamask has also prepared a guide for you to follow in case you don’t know how it’s done, Decrypt reported.


 How was this vulnerability reported?

A Twitter user under the alias “Domenic Iacovone” shared details about how their funds stored in the Metamask wallet were “totally wiped out” by hackers.

“Got a phone call from Apple, literally from Apple (on my caller ID). Called it back because I suspected fraud and it was an Apple number. So I believed them. They asked for a code that was sent to my phone, and 2 seconds later, my entire MetaMask was wiped,” Domenic Iacovone wrote on April 15.

Your Crypto Wallets Linked To iCloud Are At High Risk Of Phishing, Says MetamaskUncredited

Domenic Iacovone lost a lot of digital assets to the phishing attack – including non-fungible tokens (NFTs) from Mutant Ape Yacht Club (MAYC) collection. Decrypt reported that their account also had $100,000 in ApeCoin and other NFTs. To recover their assets, Iacovone has set up a $100,000 reward.


In a different thread, Dape NFT’s founder “Serpent” explained how the hack was initiated. According to him, “MetaMask actually saves your seed phrase file on your iCloud. The scammers requested a password reset for the victim’s Apple ID. After receiving the 2FA code, they were able to take control over the Apple ID, and access iCloud which gave them access to the victim’s MetaMask.”


Your Crypto Wallets Linked To iCloud Are At High Risk Of Phishing, Says Metamask


Metamask currently has 30 million monthly active users who are now vulnerable if they don’t turn off backups manually. If you use Metamask or similar services to back up details about your crypto wallets on iCloud, we suggest you temporarily disable them.

What do you think about this new phishing exercise in town for iCloud crypto users? Let us know in the comments below. For more in the world of technology and science, keep reading


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