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Hackers steal $655K after picking MetaMask seed from iCloud backup

Posted in cryptocurrencies

MetaMask has published a warning for their iOS users about the seeds of cryptocurrency wallets being stored in Apple’s iCloud if app data backup is active.

MetaMask is a “hot” cryptocurrency wallet used by over 21 million investors to store their wallet tokens and manage their digital assets.

In cryptocurrency lingo, a seed is a secret recovery phrase consisting of 12 words that protect access to the wallet’s content.