⚠️ Warning! Cryptocurrency circle X accounts have become a major target for hackers, with various scam tactics emerging
Recently, hackers in the cryptocurrency circle have targeted the X accounts of cryptocurrency companies to promote scam tokens, causing a huge uproar. Over the weekend, there were multiple incidents of X accounts being hijacked, making the crypto community anxious.
On January 11, the official X account of Litecoin was hacked, posting false token information claiming "LTC is launching on Solana," along with relevant links. Fortunately, the Litecoin team quickly deleted the post, confirmed it was a stolen delegated account, apologized to users, and stated that an investigation was underway.
Foresight Ventures' X account also fell victim, as it was attacked by hackers on Saturday and used to promote the fake token MingAI, impersonating an AI crypto assistant. Its partner Xue Min subsequently reported that the X account was hacked, warning users to avoid interaction.
Holoworld AI also encountered a scam, as on January 10, false information circulated about an AVA token airdrop, luring users to inquire about claiming it. However, Holoworld AI later restored the X account with the help of BrainchainLLC and removed phishing links and tweets. The company also claimed to have strengthened security measures to prevent future attacks.
This series of events is not isolated but rather reflects the increasing phishing attacks targeting crypto users on social media platforms. Blockchain security company Scam Sniffer's research indicates that in 2024, losses from phishing attacks are expected to be severe, amounting to about $494 million, threatening over 330,000 crypto wallet addresses, mostly impersonating accounts to deceive users with fraudulent comments and direct messages to malicious websites.
Additionally, on-chain investigator ZachXBT reported that between November and December last year, a hacker breached over 15 X accounts, stealing more than $500,000. However, to combat the escalating threat, Binance recently announced that it has utilized artificial intelligence and machine learning, preventing scam losses exceeding $129 million in 2024, identifying and blacklisting 47,000 malicious addresses, sending out 15,000 alerts daily, and making over 30,000 calls to warn users.
💬 What do you think? Should crypto companies strengthen prevention, or should platforms take on greater responsibility? What insights do you have regarding Binance's security response measures?