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Stealth Threat: ’ModStealer’ Malware Now Actively Targeting Browser-Based Crypto Wallets

Stealth Threat: ’ModStealer’ Malware Now Actively Targeting Browser-Based Crypto Wallets

Author:
Coindesk
Published:
2025-09-12 06:44:34
9
3

This Invisible 'ModStealer' is Targeting Your Browser-Based Crypto Wallets

Invisible threat actors are bypassing security protocols to drain digital assets directly from browser wallets.

THE INFECTION VECTOR

ModStealer operates through compromised browser extensions—users install what appears to be legitimate software only to have their private keys harvested silently. No system alerts. No suspicious activity logs. Just vanishing funds.

SECURITY MEASURES FAILING

Traditional antivirus solutions miss the attack pattern entirely. The malware mimics normal extension behavior while systematically scanning for and exfiltrating wallet data. It targets MetaMask, Phantom, and Trust Wallet users specifically.

WHY BROWSER WALLETS ARE VULNERABLE

Browser-based storage keeps private keys accessible for quick transactions—convenience that becomes critical vulnerability when extensions turn malicious. Hardware wallet advocates are nodding grimly while counting their cold storage gains.

THE IRONY OF 'SECURE' FINANCE

Meanwhile, traditional finance institutions—who still can't reliably detect money laundering through five consecutive wire transfers—are suddenly experts on crypto security flaws. Their solution? 'Just use our regulated custodial services' (and pay 2% annual fees for the privilege).

Protect your assets: verify extensions, use hardware wallets for large holdings, and remember—in crypto, your security is ultimately your responsibility.

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