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How Secure Is the Ethereum Sitting in Your MetaMask Wallet?

Security and privacy experts say it's become alarmingly common for people to report vulnerabilities on public forums like Twitter because they otherwise get ignored.

It’s been an unrelenting week for MetaMask developers.

Reacting to the news that $4.5 million worth of funds had been drained from thousands of software wallets on Solana, the team behind MetaMask—far and away the most popular software wallet for Ethereum and Ethereum-compatible networks—combed through the wallet's codebase to make sure users would not be affected by a similar hack.

That kind of fire drill has been repeated elsewhere. On reports that the Near Wallet might have a vulnerability similar to the hacked Solana wallets, the protocol’s Twitter account said Thursday night that it’s “highly recommended” users change their security settings.

Scanning for vulnerabilities after there’s been an exploit is one way that developers handle security. Ideally, they find them before they’ve been exploited. MetaMask has said previously that it’s working to reorganize its teams to better respond to security issues, but there are signs that it’s struggling to keep up.

In a recent example, Aurox CEO Giorgi Khazaradze said he found MetaMask’s team to be unresponsive when he tried to tip them off about a vulnerability in June.

He told Decrypt that his team was looking at MetaMask’s codebase—which is open source and viewable in its GitHub repository—because they’re building their own browser extension wallet.

The wallet has been announced, but not yet launched. When it does, it’ll be competing with MetaMask. To put it plainly: That means Khazaradze stands to benefit from casting doubt on what is, far and away, the biggest competitor for his new product.

After all, ConsenSys, the company that develops MetaMask (and, full disclosure, an investor in Decrypt), just closed a $450 million Series D round at a $7 billion valuation—helped in large part by the rate at which MetaMask has been attracting new users. As of March, MetaMask had more than 30 million monthly active users, a 42% increase over the 21 million it had in November 2021.

Khazaradze said his team realized that it would be possible to use an HTML element called an inline frame, or iframe, to add a hidden decentralized app, or dapp, to a webpage.

That would mean an attacker could hypothetically create a page that looks like a legit application, but connects to another that the MetaMask user never sees. So instead of swapping some Ethereum for coins to support a new project or buying an NFT, the user could unwittingly be sending their crypto straight to a thief’s wallet.

This kind of vulnerability could take advantage of the fact that MetaMask automatically prompts users to connect to a dapp if it detects one on a webpage. It’s standard behavior for the browser extension version of MetaMask. Outside the context of vulnerabilities and attackers, it’s a feature that puts fewer clicks between a user and their ability to interact with dapps.

It’s similar, but not quite the same, as a clickjacking vulnerability that MetaMask paid a $120,000 bounty for in June. With that, an attacker hides MetaMask itself on a webpage and tricks the user into revealing private data or transferring funds.

“That’s a different vulnerability. That was within MetaMask itself. Basically, you could iframe MetaMask and then clickjack people,” Khazaradze said. “Whereas the one we found is iframing dapps. The wallet automatically connects to those dapps, which can allow an attacker to trick you to perform specific transactions.”

Khazaradze said he attempted to contact MetaMask about the vulnerability on June 27. First he tried the company’s support chat feature and said he was told to make a post on the app’s GitHub. But he didn’t feel comfortable doing that.

He said he then emailed MetaMask support directly, but got an unhelpful response: “We are experiencing extremely high volumes of inquiries. In an effort to improve our efficiencies on responding to support inquiries, direct emails to support are no longer enabled.”

At that point, Khazaradze said he gave up trying to let the team know about the vulnerability and reached out to Decrypt.

MetaMask responds
Herman Junge, a member of MetaMask’s security team, told Decrypt that the app’s support team wouldn’t have wanted an iframe vulnerability listed on GitHub.

“At MetaMask, we take iframe reports seriously and give them due procedure through our bug bounty program at HackerOne. If a security researcher sends their report using another instance, we invite them to go to HackerOne,” he said in an email. “We don’t have in our records any message where we encourage researchers to post an iframe report into GitHub.”

In an email conversation with MetaMask public relations, Decrypt described the vulnerability that the Aurox team claims to have found. In his emailed statement, Junge didn’t acknowledge the purported vulnerability or say that MetaMask would be investigating the issue.

He did, however, say that publishing an active security issue before the app’s team has a chance to address it can “put innocent people at unnecessary risk.” But so far, the language used in its support messages doesn’t mention anything about HackerOne, where MetaMask launched a bug bounty program in June.

Resorting to 'spectacle'
In the security community, it’s professional courtesy to privately notify a company about a vulnerability for the same reason it’s courteous not to shout that someone’s fly is down. The discretion gives them a chance to fix it before other people notice.

Reporting vulnerabilities discreetly keeps the information away from people who would exploit it before developers have had a chance to implement a fix. But when the reporting process is confusing or the recipient seems unresponsive, vulnerabilities go public before there’s a fix, usually in an effort to force the team to act.

Janine Romer, a privacy researcher and investigative journalist, said she’s seen lots of instances of people trying discreet lines of communication first and then switching to Twitter to report vulnerabilities.

“Similar things happen with Bitcoin wallets where the only way sometimes to get attention for stuff is to just tweet at people, which is bad. That should not be the way that things are handled,” she told Decrypt. “It should also be possible to report things privately and not have to make a public spectacle. But then it kind of incentivizes people to make a public spectacle because nobody's answering privately.”

In January, Alex Lupascu, co-founder of Omnia Protocol, said on Twitter that he and his team found a “critical privacy vulnerability” in MetaMask and linked to a blog post describing how an attacker could exploit it.

Harry Denley, a security researcher who works with MetaMask, replied to ask if the team had been notified or said they were working on it. Lupascu said they had, but that he first made his report five months ago and the vulnerability was still exploitable.

Eventually MetaMask co-founder Dan Finlay weighed in.

“Yeah, I think this issue has been widely known for a long time, so I don’t think a disclosure period applies,” he wrote on Twitter. “Alex is right to call us out for not addressing it sooner. Starting to work on it now. Thanks for the kick in the pants, and sorry we needed it.”

Safely using software wallets
A couple months later, the aforementioned bug bounty program was launched. It’s not as though all MetaMask vulnerability reports go unaddressed. Web3 security firm Halborn Security reported a vulnerability that could impact MetaMask users in June and got a hat tip from the MetaMask Twitter account for it.

David Schwed, Halborn’s chief operating officer, said he found the MetaMask team responsive. They addressed and patched the vulnerability. Even so, he said users should be cautious about keeping any substantial funds in a software wallet.

“I wouldn’t necessarily take a shot at MetaMask. MetaMask serves a certain purpose right now. Now if I was an organization, I wouldn’t store hundreds of millions of dollars on MetaMask, but I probably wouldn’t store it on any particular wallet,” he said. “I would diversify my holdings and self-custody and use other security practices to manage my risk.”

For him, the safest and most responsible way to use software wallets is to keep private keys on a hardware security module, or HSM. Two of the most popular hardware wallets, as they’re also known in crypto, include the Ledger and Trezor.

“At the end of the day, that’s what’s actually storing my private keys and that’s where the signing of the transactions is actually happening,” Schwed said. “And your [browser] wallet is really just a mechanism to broadcast out to the chain and construct the transaction.”

Closing the gap
The problem is that not everybody uses browser extension wallets that way. But there have been efforts to address it, both by giving developers better guidance on how to build security into their apps and teaching users how to keep their funds safe.

That’s where the CryptoCurrency Certification Consortium, or C4, comes in. It’s the same organization that created the Bitcoin and Ethereum professional certifications. Fun fact: Ethereum creator Vitalik Buterin helped write the Certified Bitcoin Professional exam before he invented Ethereum.

Jessica Levesque, executive director at C4, said there’s still a big knowledge gap for new crypto adopters.

“What’s kind of scary about this is that people who have been around crypto for a long time probably are like, it’s pretty clear you shouldn’t keep a lot of money on MetaMask or any hot wallet. Move it off,” she told Decrypt. “But most of us, when we first started, we didn’t know that.”

On the other end of things, there’s been a prevailing assumption that open-source projects are more secure because their code is available for review by independent researchers.

In fact, on Wednesday, in light of the Solana wallet hack, a developer who goes by fubuloubu on Twitter, garnered a lot of attention for saying it’s “irresponsible not to have open source code in crypto.”

Noah Buxton, who leads Armanino’s blockchain and digital asset practice and sits on C4’s CryptoCurrency Security Standard Committee, said the low visibility of smaller projects or offers to pay bug bounties in native tokens can act as a disincentive for researchers to spend their time looking at them.

“In open source, the attention of developers is driven largely by either notoriety or some monetization,” he said. “Why spend time looking for bugs on a new decentralized exchange when there’s very little liquidity, the governance token isn’t worth anything and the team wants to pay you in the governance token for a bounty. I would rather spend time on Ethereum on another layer 1.”

https://decrypt.co/106848/how-secure-ethereum-metamask-wallet

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🚨BREAKING: The largest stock exchange in Germany says that XRP will be the backbone of the new financial system!

He also says that XRP could hit $7-$9 pretty soon, and might even soar to over $100 once the system runs on XRPL!

OP: Ripplexrpie

00:01:30
🚨 There was a time when the US military knew exactly who the real enemy was—Britain.

Trump is reviving that clarity.

From Greenland to housing cartels, he's dismantling 80 years of imperial control over American policy.

👇 Watch 👇

00:12:39
Catherine Austin Fitts:

Catherine Austin Fitts:

"The bankers [have] put Trump in to get the control grid for them... [but] everybody wants... their own control grid. The Chinese and the Russians don't want the City of London controlling their CBDC... [so these powers are] fighting with each other."

This clip of Fitts, a former Assistant Secretary of Housing and Urban Development, investment banker, and founder of the Solari Report (@solari_the), is taken from a discussion with CapitalCosm (@CapitalCosm) posted to YouTube on January 10, 2026.

----------------Partial transcription of clip---------------

"What happened was, when the administration came in, I had said in 2024, the bankers are going to put Trump in to get the control grid for them. And in fact, that's what happened. But it was moving so quickly, Danny, I literally, I would do an interview like this, and I couldn't remember all the things he'd done last week. They were moving so fast.

"So we just started to make a collection and I could send people and ...

00:02:40
👉 Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? 🔜

The future of Crypto x AI is about to go crazy.

👉 Here’s what you need to know:

💠 'Based Agent' enables creation of custom AI agents
💠 Users set up personalized agents in < 3 minutes
💠 Equipped w/ crypto wallet and on-chain functions
💠 Capable of completing trades, swaps, and staking
💠 Integrates with Coinbase’s SDK, OpenAI, & Replit

👉 What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto 👉txns done by AI agents by 2025

🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

👉 Coinbase just launched an AI agent for Crypto Trading
⚠️ Ripple Secures Preliminary Electronic Money Institution license 🚀

We’ve secured our preliminary Electronic Money Institution license approval from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). 🇪🇺

This is a pivotal step toward scaling Ripple Payments across the EU, bringing institutional-grade digital asset infrastructure to the region. on.ripple.com/49D0FjW

The momentum is global:

→ 75+ licenses & registrations worldwide
→ $95B+ in volume processed to date
→ Reaching 90% of daily FX markets

With the EU taking the lead in building a regulatory framework for digital assets, we're helping institutions transition from pilots to commercial scale, and we’re bridging the gap between legacy finance and the digital future to unlock trillions in dormant capital.

https://x.com/i/status/2011363419501347177

@usbank is testing custom issuance of its own stablecoin on Stellar.

Stellar’s stablecoin market cap increased 53% YoY. The market cap of RWAs on Stellar increased 196% to $890.2 million. Get the latest from @MessariCrypto.

Lights out and away we go!

https://messari.io/report/stellar-financial-ecosystem-update

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⚠️ More Secret Than The Atomic Bomb ⚠️

⚠️ More Secret Than The Atomic Bomb ⚠️

A deep dive into the triangular UAP seen throughout the United States and the world for decades. With the Immaculate Constellation report, at least SOME equilateral and isosceles triangle craft have been identified as reproduction and Alien Reproduction Vehicles.

Numerous sightings and whistleblower testimony have lent evidence to the thesis DOD and private contractors have operated reverse-engineered triangular craft out of key military bases since at least the 1980s. Key testimonies here include: Edgar Fouche and the TR-3b reverse-engineered triangle, US sightings from 1980-2000, and a strange illustration of a triangular craft called the XF-131 Super Sentinel.

Was Edgar Fouche's testimony of TR-3B and Area 51 programs true? How many prototype and operational triangle ARVs have been constructed? Why did the X-Files contract the work of an allegedly real triangle ARV out of Lockheed Martin's Helendale Plant?

00:00​ Intro
03:27​ Triangle ARV ...

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🚨David Grusch on The Megyn Kelly Show🚨

Earlier this week, UFO/UAP whistleblower David Grusch appeared on The Megyn Kelly Show for a brief but revealing interview. During the conversation, Grusch named individuals he claimed were involved in managing the alleged UFO/UAP Legacy crash retrieval program, statements that immediately drew attention across the disclosure community.

Most notably, Grusch asserted that former Vice President Dick Cheney played a central role in overseeing the program. Cheney’s name has circulated within UFO/UAP research circles for years, but this marks the first time it has been spoken publicly by a former intelligence official who claims direct knowledge of the issue. It is also notable that just weeks ago, journalist Ross Coulthart independently referenced Cheney in a similar context, lending additional weight to the consistency of these claims.

Grusch also named former Director of National Intelligence James Clapper, stating that Clapper was not only aware of the crash retrieval issue, but managed it and helped place individuals into key roles, both publicly and behind the scenes. These are serious assertions that warrant scrutiny and further investigation, given their potential implications for disclosure.

Please watch the full interview and consider its significance within the broader context of the disclosure conversation. Please note that the interview concludes with a paid promotional pitch, and Grusch does not provide any additional comments after the pitch.

 

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Stellar CEO Reveals Where Real Opportunity Lies in Crypto Market: Details

In a recent tweet, Stellar Development Foundation (SDF) CEO and Executive Director Denelle Dixon defines what "real opportunity" is in blockchain as a new financial future beckons.

The SDF CEO was reacting to a recent Bloomberg report on Bank of New York Mellon Corp (BNY), Nasdaq, S&P Global and iCapital participation in a new $50 million investment round by Digital Asset Holdings. This comes as some of Wall Street’s biggest names embrace the technology that underpins cryptocurrencies to handle traditional assets.

Reacting to this development, Stellar Foundation CEO Denelle Dixon stated that every blockchain investment is a bet on a different financial future. Dixon added that seeing banks explore blockchain technology validates what has been known over the years.

Real opportunity defined

While Wall Street’s biggest names betting on blockchain might be one of the most significant adoption milestones in the digital asset market, Dixon defines what real opportunity is and what it is not.

According to the SDF executive director, real opportunity is not replicating old systems on new rails but rather building open networks that fundamentally expand global finance participation.

"But the real opportunity isn’t replicating old systems on new rails—it’s building open networks that fundamentally expand who gets to participate in global finance. That’s the opportunity," Dixon tweeted.

At the Meridian 2025 event, Stellar outlined its long-term privacy strategy, committing to investing in critical privacy infrastructure and building foundational cryptographic capabilities.

Stellar eyes privacy upgrade

A new protocol upgrade is on the horizon for the Stellar network: X-Ray, which lays the groundwork for developers to build privacy applications on Stellar using zero-knowledge (ZK) cryptography.

The protocol timeline testnet vote is anticipated for Jan. 7, 2026, while the mainnet vote is expected for Jan. 22, 2026.

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XDC Network's acquisition of Contour Network

XDC Network's acquisition of Contour Network marks a silent shift to connect the digital trade infrastructure to real-time, tokenized settlement rails.

In a world where cross-border payments still take days and trap trillions in idle liquidity, integrating Contour’s trade workflows with XDC Network Blockchains' ISO 20022 financial messaging standard to bridge TradFi and Web3 in Trade Finance.

The Current State of Cross-Border Trade Settlements

Cross-border payments remain one of the most inefficient parts of global finance. For decades, companies have inter-dependency with banks and their correspondent banks across the world, forcing them to maintain trillions of dollars in pre-funded nostro and vostro balances — the capital that sits idle while transactions crawl across borders.

Traditional settlement is slow, often 1–5 days, and often with ~2-3% in FX and conversion fees. For every hour a corporation can’t access its own cash increases the cost of financing, tightens liquidity that could be used for other purposes, which in turn slows economic activity.

Before SWIFT, payments were fully manual. Intermediary banks maintained ledgers, and reconciliation across multiple institutions limited speed and volume.

SWIFT reshaped global payments by introducing a secure, standardized messaging infrastructure through ISO 20022 - which quickly became the language of money for 11,000+ institutions in 200 countries.

But SWIFT only fixed the messaging — not the movement. Actual value still moves through slow, capital-intensive correspondent chains.

Regulated and Compliant Stablecoin such as USDC (Circle) solves the part SWIFT never could: instant, on-chain settlement.

Stablecoin Settlement revamping Trade and Tokenization

Stablecoin such as USDC is a digital token pegged to the US Dollar, still the most widely used currency for trade, enabling the movement of funds instantly 24*7 globally - transparently, instantly, and without the need for any intermediaries and the need to lock in trillions of dollars of idle cash.

Tokenized settlement replaces multi-day reconciliation with on-chain finality, reducing:

  • Dependency on intermediaries
  • Operational friction
  • Trillions locked in idle liquidity

For corporates trapped in long working capital cycles, this is transformative.

Digital dollars like USDC make the process simple:

Fiat → Stablecoin → On-Chain Transfer → Fiat

This hybrid model is already widely used across remittances, payouts, and treasury flows.

But one critical piece of global commerce is still lagging:

👉 Trade finance.

The Missing link is still Trade Finance Infrastructure.

While payments innovation has raced ahead, trade finance infrastructure hasn’t kept up. Document flows, letters of credit, and supply-chain financing remain siloed, paper-heavy, and operationally outdated.

This is exactly where the next breakthrough will happen - and why the recent XDC Network acquisition of Contour is a silent revolution.

It transforms to a new era of trade-driven liquidity through an end-to-end digital trade from shipping docs to payment confirmation – one infrastructure that powers all.

The breakthrough won’t come from payments alone — it will come from connecting trade finance to real-time settlement rails.

The XDC + Contour Shift: A Silent Revolution

  • Contour already connects global banks and corporates through digital LCs and digitized trade workflows.
  • XDC Blockchain brings a settlement layer built for speed, tokenization, and institutional-grade interoperability and ISO 20022 messaging compatibility

Contour’s digital letter of credit workflows will be integrated with XDC’s blockchain network to streamline trade documentation and settlement.

Together, they form the first end-to-end digital trade finance network linking:

Documentation → Validation → Settlement all under a single infrastructure.

XDC Ventures (XVC.TECH) is launching a Stable-Coin Lab to work with financial institutions on regulated stablecoin pilots for trade to deepen institutional trade-finance integration through launch of pilots with banks and corporates for regulated stable-coin issuance and settlement.

The Bottom Line

Payments alone won’t transform Global Trade Finance — Trade finance + Tokenized Settlement will.

This is the shift happening underway XDC Network's acquisition of Contour is the quiet catalyst.

Learn how trade finance is being revolutionised:

https://www.reuters.com/press-releases/xdc-ventures-acquires-contour-network-launches-stablecoin-lab-trade-finance-2025-10-22/

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