Cryptocurrency News

MetaMask warns of security vulnerability from older versions of popular crypto wallet

2022.06.16 01:26

MetaMask warns of security vulnerability from older versions of popular crypto wallet
MetaMask warns of security vulnerability from older versions of popular crypto wallet

On Wednesday, MetaMask said that it uncovered a critical security vulnerability in older versions of its crypto wallet with the help of security researchers at Halborn. The security firm was awarded a bounty of $50,000 for the discovery.

For users of the MetaMask extension before version 10.11.3, three necessary conditions would have led to the potential vulnerability. They are: (1) an unencrypted hard drive, (2) having imported a secret recovery phrase into a MetaMask extension on a device that was compromised, stolen, or has unauthorized access, and (3) having used the “Show Secret Recovery Phrase” checkbox to view one’s secret recovery phrase on-screen during the import process.

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