Mark Cuban Got Hacked: The Inside Story of a $1 Million Loss

BeInCrypto
BeInCrypto

16 Sep 2023 6:54 PM

Billionaire Mark Cuban prevented a bigger hack of $2.5 million after losing $870,000 to a crypto wallet exploit....

  • Billionaire Mark Cuban fell victim to a wallet hack, resulting in the theft of approximately $870,000 in crypto.
  • Cuban managed to prevent a larger loss by swiftly transferring his remaining assets to Coinbase.
  • The attacker targeted a dormant wallet that had not been used for 160 days.
  • Cuban confirmed the hack, stating it happened after downloading a version of MetaMask with malware.
  • Binance CEO Changpeng Zhao urged the community to prioritize crypto security and shared preventive measures.

The sentiment of the article is negative due to the wallet hack and theft of funds. However, it also highlights the proactive measures taken by Mark Cuban and the guidance provided by Binance CEO Changpeng Zhao, which can be seen as positive.

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You May Ask

Who fell victim to a wallet hack and how much crypto was stolen?How did Mark Cuban prevent a larger loss?What caused the hack according to Cuban?What preventive measures did Binance CEO Changpeng Zhao share?How has Mark Cuban been involved in the crypto market?

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