#Cointelegraph and CoinMarketCap Hacked; Changpeng Zhao Issues Warning

Binance founder Changpeng Zhao sounds the alarm on rising crypto threats after high-profile hacks hit Cointelegraph and CoinMarketCap.

Highlights

CoinMarketCap and Cointelegraph have been hit by high-profile crypto hacks.

Changpeng Zhao issues a warning against increasing crypto hacks.

A fake pop-up notification on Cointelegraph deceived users with a giveaway scam.

The crypto industry is on high alert after two major websites, CoinMarketCap and Cointelegraph, fell victim to hackers. In response to these incidents, Binance founder Changpeng Zhao has issued a warning, urging users to be cautious with wallet connections.

Changpeng Zhao Warns Users of Increasing Crypto Hacks

In a recent X post, Binance founder Changpeng Zhao has raised concerns over the increasing crypto hacks. As examples of the growing threat, CZ highlighted the recent breaches of prominent crypto websites like CoinMarketCap and Cointelegraph. He cautioned users to be careful when connecting wallets. His post read,

2 days ago CMC, now CT. Hackers are targeting information web sites now. Be careful when authorizing wallet connect.

Recently, Web3 security company CertiK hinted that attackers are shifting their focus from exploiting smart contract vulnerabilities to targeting users through social engineering schemes. In May, Coinbase was targeted in a security breach, where hackers stole sensitive information of major clients.

As per CertiK, there is a notable rise in crypto hacks driven by wallet compromise. This shift is reflected in the significant losses seen in 2025. This year, hackers have stolen more than $2.1 billion, largely due to wallet compromises and phishing attacks.