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Security Alert: CoinMarketCap Identifies And Eliminates Rogue Wallet Scam

  • CoinMarketCap faced a security scare when a fake popup urged users to 'Verify Wallet.'
  • The popup asked visitors to connect wallets and approve transactions, potentially leading to theft.
  • CoinMarketCap swiftly removed the malicious script within three hours of detection.
  • Popular crypto wallets MetaMask and Phantom flagged the site as unsafe.
  • The scam aimed to gain control over tokens by tricking users into granting approvals.
  • CoinMarketCap had faced a prior security breach in October 2021, where hackers stole email addresses.
  • The recent incident involved injecting code into the site, highlighting evolving threats.
  • CoinMarketCap is investigating further and enhancing security measures.
  • Experts recommend skepticism towards unexpected wallet prompts and using secure hardware wallets or extensions.
  • Keeping software updated and exercising caution remain crucial in ensuring crypto security.

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