phishing

Security firm Socket uncovered a malicious Chrome extension posing as “Safery: Ethereum Wallet.”

The malicious extension secretly encodes users’ seed phrases into Sui microtransactions, giving attackers the ability to drain wallets without detection. At the same time, Australian authorities warned that criminals have been impersonating police and exploiting official government systems to pressure victims into transferring their digital assets. Together, these cases reveal how scammers are now blending technical backdoors with social-engineering tactics to deceive even cautious users. Crypto users are cursed to treat unexpected communications with extreme suspicion.
Malicious Wallet App Tricks Users
Blockchain security firm Socket uncovered a dangerous new threat lurking in the Google Chrome Web Store: a malicious wallet extension called “Safery: Ethereum Wallet.” Although it presents itself as a reliable and secure tool for managing Ethereum-based assets, researchers found that the extension contains a sophisticated backdoor that is designed to steal users’ seed phrases and ultimately drain their crypto holdings.
According to Socket’s report, the extension uses an unusually crafty method to export stolen seed phrases. When a user creates a new wallet or imports an existing one, the extension encodes their BIP-39 mnemonic into synthetic Sui-style addresses. It then broadcasts a microtransaction of just 0.000001 SUI from a wallet controlled by the attackers. 
Safery: Ethereum Wallet 
On the surface, the transaction looks harmless, but the destination addresses actually represent fragments of the user’s seed phrase. By decoding these addresses, the scammers can reconstruct the full mnemonic and access the victim’s assets whenever they choose.
This makes the threat particularly dangerous because users may not notice anything suspicious. The extension behaves like a normal Ethereum wallet, offers familiar features, and even ranks fourth in Chrome’s search results for “Ethereum Wallet,” just behind legitimate platforms like MetaMask, Wombat and Enkrypt. That high placement increases the likelihood that unsuspecting users will install it, unaware of the risks.

Socket explained  that both new and existing wallet users are vulnerable. Users who generate a fresh wallet through the extension effectively hand over their seed phrase immediately. Those who import an existing wallet expose their already-funded accounts, giving the attackers instant access to all assets tied to that mnemonic.
Despite its polished search ranking, several red flags reveal the extension’s lack of legitimacy. The listing has no reviews, minimal branding, glaring grammatical errors, no official website, and a developer linked only to a Gmail address. These are all signs of an unverified and potentially malicious tool.
$ETH
​#ScamAlert
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Recent reports confirm that North Korean state-backed hacking groups have intensified cyberattacks—specifically targeting individual crypto investors.

🎯 Their tactics include:

👉Phishing emails disguised as exchange notifications or wallet updates

👉Fake investment platforms that steal private keys and seed phrases

👉Malware hidden in seemingly legit trading tools
🔍 These attacks aim to steal funds and compromise wallets, bypassing centralized exchanges and going directly after individuals.

📢 Protect Yourself: ✅ Never share your seed phrase or private key
✅ Always double-check URLs and email sources
✅ Use hardware wallets and 2FA whenever possible
✅ Stay updated on the latest security practices

📊 As crypto adoption grows, so does the sophistication of cyber threats. Stay informed, stay secure.

🔐 Security is not just an option—it's a responsibility.

#CryptoSecurity #Web3 #BinanceFeed #CyberAttack #ScamAlert #phishing #StaySafeCrypto

MetaMask is one of the most popular cryptocurrency wallets, used by millions to store, send, and receive digital assets. However, it has also become a target for hackers due to its widespread use. Protecting your MetaMask wallet is critical to keeping your crypto secure. Below, we’ll break down the most common ways hackers can steal funds from MetaMask and how you can protect yourself.
1. Phishing Attacks
Phishing is one of the most common methods hackers use to steal crypto from MetaMask users. In these attacks, hackers create fake websites or send emails that look like official MetaMask communications. When users enter their seed phrase or private keys on these fraudulent sites, hackers capture the information and can instantly access the user's funds.
How to Protect Yourself:
Never share your seed phrase or private keys. Legitimate services will never ask for these.Always double-check the website URL when accessing MetaMask or any crypto service.Avoid clicking on links in unsolicited emails or messages claiming to be MetaMask.
2. Malware and Keyloggers
Malware and keyloggers are software programs that can secretly track your activity and capture sensitive information, such as your seed phrase or private keys. Once installed on your device, a hacker can monitor your MetaMask interactions and gain access to your wallet.
How to Protect Yourself:
Install a reputable antivirus program and ensure your system is regularly scanned for malware.Use a VPN to keep your internet connection secure.Avoid downloading unknown software or files from untrusted websites.
3. Fake MetaMask Browser Extensions
Hackers often create fake MetaMask browser extensions designed to look exactly like the real thing. If you install one of these, it can steal your login credentials or seed phrase and give hackers full access to your wallet.
How to Protect Yourself:
Download extensions only from official sources. Always verify that the MetaMask extension comes from the official MetaMask website or trusted platforms like Chrome's official store.Check reviews and ratings before installing any browser extension.
4. Unauthorized Approvals of Smart Contracts
Hackers exploit MetaMask users by tricking them into unknowingly granting approvals to malicious smart contracts. These contracts can withdraw funds from your wallet without your permission.
How to Protect Yourself:
Read contract approvals carefully before interacting with dApps (decentralized applications). Don’t blindly approve every request.Revoke permissions for smart contracts you no longer use by visiting sites that help you manage your approvals (e.g., revoke.cash).
5. Social Engineering
Social engineering attacks involve tricking you into voluntarily handing over your wallet details. Hackers may impersonate support staff, ask for your seed phrase, or offer fake assistance via social media or forums.
How to Protect Yourself:
Do not share sensitive information on social media or messaging platforms.Be wary of anyone offering unsolicited help, even if they claim to be from MetaMask or another trusted platform.
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Share your experiences or security tips for protecting your MetaMask wallet in the comments! And don’t forget to follow me for more insights on keeping your crypto safe.
#MetaMask #CryptoSecurity #Phishing #DeFi #Blockchain