OKX Issues Warning About Fraudulent Firefox Extension
Alert: Fake OKX Wallet Browser Extension Detected
The cryptocurrency exchange OKX has issued a crucial warning concerning a counterfeit browser extension for the OKX wallet. This fraudulent plugin recently appeared in the Firefox plugin store, prompting the exchange to address the issue immediately.
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Official Statement and Immediate Actions
In a statement shared on the platform X, OKX confirmed that they have not released any official Firefox plugin. The company has already filed a complaint with Firefox administrators, demanding the removal of the unauthorized extension. The alert emphasized the urgency of transferring funds to secure wallets if users have interacted with the malicious plugin.
Security Risks Posed by Malicious Browser Extensions
According to OKX, browser plugins can introduce third-party functionalities to web interfaces. The platform strongly advises users to download plugins exclusively from the official OKX website to avoid potential security risks. A report from Kaspersky highlights the challenges in detecting harmful browser extensions using antivirus software. These extensions have the capability to alter website content, track user activities, and potentially steal sensitive information and cryptocurrency assets.
Hacker Tactics: Using Fake Extensions to Steal Cryptocurrency
Phishing scams and fake browser extensions designed to steal cryptocurrencies are not new. A notorious example is the malicious Firefox extension named “Safepal Wallet”, which managed to stay within Mozilla’s official extensions for seven months. In 2021, this fraudulent plugin deceived users and emptied their crypto wallets. In May 2024, another malicious extension targeted Google Chrome users, manipulating website cookies to steal cryptocurrency funds. A Binance trader known as “doomxbt” first reported the issue, losing a significant amount of $70,000 due to the fraudulent activity.
Rising Threats and Increasing Incidents
Kaspersky reported a doubling of malicious browser extensions at the start of 2023. These plugins were specifically designed for executing web injects and stealing cryptocurrencies. Blockchain security firm CertiK revealed that phishing became the leading crypto threat in 2024, with losses exceeding $1 billion across 296 incidents, marking a 331% increase from 2023.
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