MetaMask is a software cryptocurrency wallet (Hot Wallet) used to interact with the Ethereum blockchain. It allows users to access their Ethereum wallet through a browser extension or mobile app, which can then be used to interact with decentralized applications e.g Cryptokitties; a game based on the Ethereum, Freelance; hiring platform on smart contract, Steemit; a blogging and social media platform on the blockchain, Uniswap; a decentralized cryptocurrency exchange platform and so on. MetaMask is developed by ConsenSys Software Inc., a blockchain software company focusing on Ethereum-based tools and infrastructure.
MetaMask allows users to store and manage account keys (Private and Public Key), broadcast transactions, send and receive Ethereum-based cryptocurrencies and tokens, and safely connect to decentralized applications through a compatible web browser or the mobile app’s built-in browser.
MetaMask hasn’t suffered any major hacks. Metamask is an open-source platform and has a strong community of developers updating its open-source code. Nevertheless, the wallet is online, so it’s more at risk than hardware wallets (Cold Wallet) and other forms of cold storage. The most common risk facing the MetaMask wallet and other types of wallet are phishing attacks.
If you notice your Metamask account is hacked, maybe you can no longer access it or you notice your funds depreciating, it’s likely your account have been compromised. The most common method scammers use to compromise your wallet account is through phishing attacks.
Phishing attacks are the practice of sending defrauding communications that appear to come from a reputable source. It is usually done through email. The goal is to steal sensitive data like Private key and login information or to install malware on the victim’s machine. Phishing is a common type of cyber-attack that everyone should learn about to protect themselves.
How to recover lost/compromised Metamask Wallet
Metamask is not known for its best customer service so if your account gets compromised it is assumed that the fault is from your end and you should find a solution to it on your own. You can go to the Metamask Community to see if anyone have a similar problem and how it was rectified if solved.
Another method is to hire a hacker with knowledge about the blockchain. A hacker with expertise in the cryptocurrency marketplace can help you trace your crypto, if t has been moved, and recover it. Although, once a Wallet account is hacked or compromised in any form, the best option is to create another. So the hacker will likely advise you to create another account to receive your recovered funds.
We recommend you go to Cybersploit to hire a hacker with expertise in Crypto Funds Recovery. Cybersploit is a platform with experts in different parts of hack jobs. With over 600 satisfied customers with issues related to Wallet Account, Cybersploit is a trusted platform with a good track record for this type of hack job. Go to cybersploits.com today to hire a hacker for your Wallet Account Recovery
Here are a few safety tips to help secure your Metamask Wallet Account:
- Never share your 12 words Secret Recovery Phrase (seed phrase) or private keys with anyone under any circumstance.
- Beware of Impersonators! Make sure to see their trust level 4.
- Never respond to direct message with someone offering to help.
- Never enter your secret seed phrase or private keys into any website online.
- Never trust someone asking you to “authenticate your wallet”.
- Never import to your wallet a private key or a seed phrase someone gave you
- MetaMask Support will never message you directly to help you.
- DO NOT join discord servers, WhatsApps groups, WeChat groups, Telegram channels or Twitter DMs. These are all scams. MetaMask does not support these.
- Report scammers. You can help the community safe.
- Beware of fake websites → Official Website: https://metamask.io
Since Phishing attacks are the most common method used to hack, it is important to know how to protect yourself against one:
One of the best ways to protect yourself from phishing attacks is by educating yourself about it regularly. Since phishing attacks can be of various forms; phishing email, domain spoofing, Voice phishing, SMS phishing, Social Media phishing and many more, it is important to be conversant with the new trends of attacks so you won’t fall for one.
Set up an anti-phishing phrase
You can set up an anti-phishing phrase for some wallets. An anti-phishing phrase is a phrase or word you choose yourself and will always appear in an official mail sent to you from the Wallet provider say Metamask. So you can easily detect a phishing email since it not coming from the real wallet provider, it won’t contain the anti-phishing phrase and you can easily detect it is a fraud.