In recent days, a wave of phishing attacks has been reported in the crypto industry, drawing attention from Changpeng Zhao, CEO of Binance. He urged users to be cautious when connecting their crypto wallets to various platforms.
Warning from Changpeng Zhao
In his recent post on X, Changpeng Zhao issued a warning about a new wave of scams targeting major crypto information websites. He urged users to be careful when authorizing wallet connections.
Incident with Cointelegraph
On Sunday, Cointelegraph’s website was compromised by a front-end exploit, leading to a malicious pop-up that falsely claimed to offer “CoinTelegraph ICO Airdrops” and “CTG tokens.” The pop-up urged users to connect their crypto wallets to receive nearly $5,500 worth of tokens. To add credibility, the attackers even cited a “fair launch” event and a fraudulent CertiK audit. Cointelegraph quickly responded, warning its readers on X to avoid interacting with the fraudulent pop-up and stating that the team was working on a fix.
CoinMarketCap Attack
The incident with Cointelegraph occurred just two days after a similar attack on CoinMarketCap, where hackers similarly tried to trick users into connecting their wallets via a malicious pop-up prompting them to “verify” them. Wallet providers such as MetaMask and Phantom reportedly flagged the site as unsafe at the time. CoinMarketCap responded quickly, removing the injected malicious code and launching an ongoing investigation to strengthen its platform’s security.
The phishing situation underscores the importance of vigilance and caution among cryptocurrency users. Recommendations from industry leaders and prompt responses from platforms are essential steps to ensure user safety.
