• MetaMask warned investors against ongoing phishing attempts.
• Namecheap confirmed that it was successful in stopping the fraudulent emails.
• Namecheap and MetaMask advised users to double-check website links, email addresses, and points of contact.
MetaMask Warns Investors Against Phishing Attempts
Crypto wallet provider MetaMask put out a warning to its investors against ongoing phishing attempts by scammers attempting to contact users through Namecheap’s third-party upstream system for emails. The web hosting company Namecheap discovered misuse of one of its third-party services and stopped it immediately. No customer data was leaked as a result of the hack.
Namecheap Confirms Stopping Fraudulent Emails
Namecheap also confirmed that its services were not compromised and that no customer data was leaked as a result of the hack. Within two hours of receiving the initial notification, Namecheap confirmed that mail delivery had been restored and that all communications would now come from the official source. However, the main issue of unsolicited email distribution is still being investigated.
MetaMask Advises Users to Double Check Website Links
When dealing with MetaMask and Namecheap communications, investors should double-check website links, email addresses, and points of contact. The hacker’s phishing emails include a link to a fake MetaMask website that requests a secret recovery phrase to keep customer wallets secure. The wallet provider advised investors to avoid sharing seed phrases because it gives the hacker complete control of the user’s funds.
NameCheap Investigates Unsolicited Email Distribution
The incident was described by Namecheap as an email gateway problem but they are continuing their investigation into unsolicited email distribution from one of their third party services used for sending emails.
Conclusion: Avoid Sharing Seed Phrases For Security Purposes
In conclusion, both MetaMask and NameCheap have reminded users about online security issues when it comes to dealing with digital currency transactions or any other service related activities online such as checking website links or emails from unknown sources before taking any actions on them . Furthermore, investors should avoid sharing seed phrases because it gives hackers complete control over their wallets which could lead to financial losses in extreme cases