The crypto industry faces new threats, including phishing on the X platform, bait wallet scams, and sale of event attendee data.
Phishing Attacks on X Platform
On the X platform, threat actors earned about $500,000 by breaching 15 accounts. They impersonated the X team, sending fake copyright infringement notices to lure users to phishing sites. These sites tricked users into providing credentials, allowing the attackers to take control of the accounts. Many compromised accounts were crypto-related and used for promoting fraudulent meme coin schemes. Stolen funds were moved between Solana and Ethereum networks to obscure the source of transactions.
Scammers Use Bait Wallets
A new scam involves bait wallets where fraudsters share recovery phrases claiming to hold funds. Potential victims send crypto to cover fees but can't transfer funds, as wallets are set up with multisignatures. This method allows scammers to profit without allowing victims access.
Crypto Event Data Leaks
Data from crypto event attendees is being sold online, posing targeted attack risks. This information includes personal details and is used for phishing attacks. The source remains unclear, but these lists are in demand among bad actors.
The crypto industry must be vigilant against phishing, scams, and data leaks that pose significant security threats.
