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Billionaire Mark Cuban Suffers $870,000 in Losses to a Crypto Hack: Report

September 17, 2023
in Altcoin
Reading Time: 2 mins read
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Enterprise magnate Mark Cuban has reportedly been hacked to the tune of a whole lot of hundreds of {dollars} value of digital belongings.

Based on a brand new report by DL Information, the billionaire’s MetaMask pockets was hacked and 10 totally different crypto belongings value $870,000 have been stolen from him.

The report finds that Cuban had Ethereum (ETH), Lido staked Ether (stETH), SuperRare (RARE), and Ethereum Title Service (ENS) tokens stolen from him, in addition to numerous unspecified stablecoins. The transfers have been first noticed on the blockchain explorer Etherscan by pseudonymous crypto sleuth Wazz.

As acknowledged by Cuban to DL Information,

“Somebody obtained me for five ETH. I went on MetaMask for the primary time in months. They will need to have been watching…

I’m fairly positive I downloaded a model of MetaMask with some shit in it.”

Based on Cuban, the hack occurred when he logged into his account from his cellphone to scrub it up. He says he was unaware of what was taking place till DL Information contacted him.

As soon as he was notified, Cuban began locking up his different belongings or shifting them to different platforms, akin to the highest US-based crypto alternate Coinbase. Not one of the billionaire’s different accounts have been exploited by the unhealthy actors.

“MetaMask crashed a pair occasions. I simply stopped. You then emailed me. So I locked my NFTs (non-fungible tokens) on OpenSea. Transferred all my Polygon within the account…

Since I used to be solely working with the account that obtained hacked, none of my others gave up something.”

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Disclaimer: Opinions expressed at The Each day Hodl will not be funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal threat, and any loses you might incur are your duty. The Each day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Each day Hodl an funding advisor. Please notice that The Each day Hodl participates in internet online affiliate marketing.

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Tags: BillionaireCryptoCubanHackLossesMarkReportSuffers
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