🎯$5,500 Bait? Cointelegraph Hit by Front-End Attack in Latest Crypto Phishing Wave! 🪤
Popular crypto news platform Cointelegraph has become the latest target in a growing string of phishing attacks, after hackers exploited its front-end to display a fake token airdrop pop-up. The scam tricked visitors by offering nearly $5,500 in tokens under the pretense of a “fair launch initiative.” Users were urged to connect their crypto wallets, only to have them drained of funds. Cointelegraph quickly issued a warning on X, urging readers not to click the pop-up or share any personal information. 🚨💸
The scam closely follows a similar attack on CoinMarketCap, where hackers injected malicious code to lure users into “verifying” their wallets. These back-to-back incidents highlight a dangerous trend of front-end compromises on trusted crypto platforms, allowing attackers to use familiar-looking interfaces to steal from unsuspecting users. In both cases, wallet connection requests were the bait, giving hackers instant access to users’ funds. 🛑🔓
According to TRM Labs, phishing and malware-based hacks account for 70% of crypto thefts in 2024, amounting to a staggering $2.2 billion lost. The Cointelegraph breach also follows the discovery of a leak involving over 16 billion stolen login credentials, suggesting that personal and financial data across multiple platforms is more vulnerable than ever. As the crypto industry faces more sophisticated scams, users are strongly advised to stay vigilant, avoid connecting wallets to unknown pop-ups, and use 2FA and password managers for extra security. 🔐📉
#phishingattack #scam $BTC