On June 20, 2025, CoinMarketCap experienced a security breach on its platform, leading to phishing risks for users.
Incident Details
CoinMarketCap became a target for attackers who injected malicious pop-ups prompting users to 'Verify Wallets'. The breach occurred on June 20, 2025, highlighting vulnerabilities in cryptocurrency-related platforms.
Community Response
The CoinMarketCap team promptly issued warnings to users via their official social media accounts, advising them not to interact with phishing prompts. 'We're aware that a malicious pop-up prompting users to ‘Verify Wallet’ has appeared on our site. Do NOT connect your wallet. Our team is actively investigating and working to resolve the issue,' stated the CoinMarketCap team.
Importance of Security
This incident raises questions about the necessity of modern security measures on cryptocurrency data platforms. Risk analysis indicates a need for enhanced protection to prevent future attacks. Discussions surrounding security are intensifying in light of previous attacks on Web3 platforms.
As developments unfold, both CoinMarketCap and users should remain vigilant to minimize risks of breaches and phishing threats in the future.
