According to new research, 21 million Metamask users are at risk of losing all of their crypto assets

<p>According to the most recent research, Metamask crypto wallet users may be on the point of losing all of their crypto assets or face physical hazards. Alexandru Lupascu, co-founder of the OMNIA protocol and a security expert and cryptographer, discovered this flaw in the popular Web 3.0 wallet.</p> <p>Hackers just need $50 to compromise someone's privacy</p> <p>The founder of OMNIA discovered that the bad cop can access a user's IP address by transferring free ownership of digital art by issuing an NFT or non-fungible token. To compromise an individual's privacy, a hacker only requires a pittance of $50. Lupascu further urges users not to exacerbate the risk by leaking their IP addresses.</p> <p>Lupascu went on to say that malevolent parties can also commit physical dangers such as kidnapping if they have access to information via an IP address (GSM carrier, geolocation, etc).</p> <p>The attacks, according to the cryptographer, might be more devastating than a Distributed Denial of Service attack (DDoS). The Mirai botnet attack in October 2016 brought down GitHub, Netflix, Airbnb, Twitter, Reddit, Spotify, and other popular websites. This attack has the potential to be eight times as powerful as the Mirai botnet attack.</p> <p>Alexandru published a detailed roadmap of how an attack is carried out, encompassing everything from minting an NFT to sending it to the target in order to gain access to their IP address and, finally, taking their digital assets. He performed this attack on the iOS Metamask app version 3.7.0, but it's very likely that the Android version is the same.</p> <p>Alexandru coined an NFT on the largest NFT marketplace, OpenSea, and then altered the ERC-1155 with Remix Ethereum IDE.</p> <p>Is it now fixed?</p> <p>Lupascu claims to have found and reported the security weakness to the Metamask team on December 14, 2021. They, on the other hand, ignored the problem and vowed to fix it by Q2 2022.</p> <p>He went on to say that it is entirely unacceptable for them to forsake such a big prop