How to tell if my wallet has been compromised?

Reminder

If you suspect that your wallet might be compromised, it is safer to use a new wallet.

How to tell if my wallet has been compromised?

If you notice that there are unauthorized outgoing transactions occurring from your wallet, then your wallet has likely been compromised. This may have occurred through a variety of means including, but not limited to:

  • Downloading malicious software
  • Inputting personal information on a phishing website
  • Giving away your private key or recovery phrase
  • Interacting with a fake wallet extension
  • Giving a site unrestricted access to your wallet

Make sure to always be careful when interacting with a new platform and to never give out your seed phrase.

There’s more information on that here in this article.

It is important to realize that once your wallet has been compromised you should no longer continue to use that wallet. Even if there are no transactions that have occurred, if you have accidentally given away your private key or seed phrase, you should consider the wallet compromised.

If you believe that your wallet has been compromised, you can find more information on next steps here in this article.

How to Check your transactions on Etherscan

Etherscan is a blockchain explorer for the Ethereum network. The website allows you to search through transactions, blocks, wallet addresses, smart contracts, and other on-chain data. It is the best way to navigate the Ethereum blockchain to search for any unauthorized transactions that may have occurred.

  • Copy your public wallet address from your Foundation profile, Metamask extension, etc.
  • Go to etherscan.io.
  • Paste into the search bar.

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  • Under the transactions tab you can find all of the transactions that have occurred with your wallet.

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  • If you do not recognize an outgoing transaction to another wallet your wallet is likely compromised.
  • You can also go to the Erc721 Token Txns and the Erc1155 Token Txns tab to check for transactions involving Foundation supported NFTs.
  • You can also click into the Txn Hash for more information such as status, value transferred and the other wallet address involved.
  • You can also investigate the wallet address that funds are going to and report that wallet as well.

Conclusion

If you notice a transaction in your wallet that you didn't approve, your wallet has likely been compromised. You can check for unauthorized transactions using Etherscan. If you think that your wallet might be compromised, it is safer to assume that it is and to use a new wallet instead. Follow the steps listed here for what to do next. Always double check who/what you are interacting with to ensure that you don’t compromise your wallet. If you have any other questions about a potentially compromised wallet, you can always reach out to our team at trust@foundation.app.

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