In recent months, there has been a rise in hacks and scams in the cryptocurrency space, notably with CoinMarketCap.
Confirmation of CoinMarketCap Breach
On June 21, the CoinMarketCap.com technical team announced that their platform had been slightly compromised. Hackers leveraged the platform to propagate a malicious pop-up, prompting users to 'Verify Wallet'. Shortly after, the team reassured crypto and NFT users that they are actively working to fix the bug.
Impact on Crypto Users
With over 1.2 million users worldwide, CoinMarketCap faced significant consequences. Within just two hours of the breach, several users reported losses. At the time of publication, CoinMarketCap had not yet addressed the phishing link issue, raising concerns among users who might be at risk.
Overview of CoinMarketCap
Launched in 2013, CoinMarketCap.com serves as a comprehensive resource for cryptocurrency data, including market capitalization, trading volume, and price fluctuations. The platform tracks over 2 million cryptocurrencies and includes a section for NFT stats, providing insights on popular collections and market trends.
The rise in attacks on platforms like CoinMarketCap highlights the importance of vigilance among cryptocurrency users. Users should exercise caution and avoid interacting with suspicious links.
