US SEC’s X account hacked to announce fake Bitcoin ETF approval

January 9, 2024 at 05:31PM The U.S. Securities and Exchange Commission’s account, X, was hacked to falsely announce the approval of Bitcoin ETFs. The tweet, promptly deleted, led to a temporary spike in Bitcoin prices. However, the SEC clarified that no such approval had been granted. This incident follows a string of account breaches targeting … Read more

X users fed up with constant stream of malicious crypto ads

January 6, 2024 at 11:46AM Cybercriminals are exploiting X ads to promote crypto scams including fake airdrops and drainer sites, targeting those interested in cryptocurrencies. X’s advertising algorithm matches users’ interests, resulting in an increasing volume of malicious ads. Despite warnings and skepticism over X’s ad vetting, it’s reported that malicious ads have significantly grown, … Read more

Web3 security firm CertiK’s X account hacked to push crypto drainer

January 5, 2024 at 12:24PM CertiK’s Twitter/X account was hijacked, redirecting 343,000 followers to a malicious website promoting a cryptocurrency wallet drainer. An investigation is underway following a social engineering attack, with rogue posts warning of vulnerabilities and leading to phishing and scams. Other high-profile accounts have faced similar breaches, underscoring the threat of cryptocurrency-related … Read more

Crypto scammers abuse Twitter ‘feature’ to impersonate high-profile accounts

December 21, 2023 at 04:15AM Cryptocurrency scammers are exploiting a Twitter “feature” to create deceptive URLs that appear to belong to legitimate accounts, redirecting users to unrelated posts promoting crypto scams, fake giveaways, and fraudulent channels. This technique targets high-profile accounts and could potentially lead to theft of crypto assets and NFTs. Users are advised … Read more

Bloomberg Crypto X account hijacked in Discord phishing attack

November 17, 2023 at 06:07PM The official Twitter account for Bloomberg Crypto was hacked, leading users to a deceptive website used in a phishing scam. The compromised profile contained a link to a fake Telegram channel, which redirected users to a fake Bloomberg Discord server. The server prompted visitors to use a phishing website to … Read more

FBI Warns: Five Weeks In, Gaza Email Scams Still Thriving

November 16, 2023 at 10:25AM The FBI has issued a warning about fraudsters using the conflict in Gaza to scam people into donating cryptocurrencies. These cybercriminals pretend to be fundraisers or charities and use various methods, such as emails, social media, cold calls, and crowdfunding sites, to convince victims that their money will go to … Read more

Palestine crypto donation scams emerge amid Israel-Hamas war

October 23, 2023 at 03:12PM Scammers are taking advantage of the Israel-Hamas war to collect fraudulent donations by posing as legitimate charities. These scammers are using social platforms to solicit funds and are posting gory images to evoke sympathy. Fake fundraising emails are also being sent, urging people to contribute and tricking them into losing … Read more