Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria

DiutoCoinNews Markets

Warning ! Safepal Wallet Firefox add-ons Can Steal Your Cryptocurrencies.

Share this:

A SafePal user has revealed an online fraud that involved Safepal Wallet Firefox add-on, which reportedly stole her cryptocurrency.

A malicious Firefox add-on named “Safepal Wallet” managed to stay listed on the official Mozilla add-ons website for months, scamming users by emptying out their cryptocurrency wallets.

SafePal is a crypto-management platform that is capable of holding over 10,000 types of assets including Bitcoin, Ethereum, and Litecoin. It is backed by Binance, but seems to have suffered a setback due to cybercriminals.

The issue was highlighted by a SafePal user Cali in Firefox support group. “Today I browsed true the add-on list of Mozilla Firefox I was searching for Safepal wallet extension to use my cryptocurrency wallet also in the web browser. So my searching ended on the following page: https://addons.mozilla.org/nl/firefox/addon/safepal-wallet/ 22,” she wrote on the support page.

“8 hours later I checked if my funds were still save on my phone software wallet also from Safepal I saw nothing $0,- balance I was deep in shock I saw my last transactions and saw that my funs ($4000),” she added in her post.

The add-on page for ‘Safepal Wallet’ says that the add-on was up since at least 16 February 2021. The same page says that the 235 KB add-on is a Safepal application that securely “saves private key locally.” It also has product images and convincing-looking marketing materials.

Bleeping Computer reports that to publish an add-on on Mozilla’s website, developers are required to follow a thorough submission process. Firefox’s developer platform says that the submitted add-ons are “subject to review by Mozilla at any time.”

Copyright DiutoCoinNews

All rights reserved. This material and any other digital content on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from  DiutoCoinNews.


Your email address will not be published. Required fields are marked *