Currencies34097
Market Cap$ 4.03T-0.97%
24h Spot Volume$ 128.81B+23.7%
DominanceBTC58.12%-1.23%ETH10.64%+2.65%
ETH Gas2.67 Gwei
Cryptorank

Crypto Scam: Binance’s CZ Speaks on CoinMarketCap, Cointelegraph Security Breach


by Bhushan Akolkar
for Coinspeaker
Crypto Scam: Binance’s CZ Speaks on CoinMarketCap, Cointelegraph Security Breach

Crypto scams are evolving. After previously targeting crypto exchanges and trading platforms, hackers are now focusing on popular information sites like CoinMarketCap and Cointelegraph to reach daily visitors.

Binance founder Changpeng Zhao has also highlighted this shift, urging users to remain vigilant and cautious when approving wallet connection requests.

The recent development comes soon after the $82 million hack last week of Iranian crypto exchange Nobitex.

CoinMarketCap Faces Exploit in Latest Crypto Scam

CoinMarketCap faced a massive exploit on June 20. The crypto data provider faced a front-end breach that caused a fake wallet prompt to appear on its homepage.

The vulnerability was traced to an unauthorized JavaScript embedded within a doodle image, which temporarily disrupted the platform’s interface. The platform promptly acknowledged the issue and responded swiftly, stating:

“Our security team identified a vulnerability related to a doodle image displayed on our homepage. This doodle image contained a link that triggered malicious code through an API call, resulting in an unexpected pop-up for some users when visiting our homepage.”

In a similar exploit on Sunday, June 22, popular crypto news publication Cointelegraph confirmed a front-end security breach wherein users were exposed to a malicious pop-up which requested on connecting their crypto wallets.

On June 22, scammers launched a fraudulent campaign promoting a fake Cointelegraph token (CTG) and a counterfeit initial coin offering (ICO).

The breach was first flagged by blockchain security platform Scam Sniffer, which revealed that the attackers sought to trick users into granting wallet access. Once connected, the attackers could drain assets from the compromised wallets.

Exploiting JavaScript Codes

Scam Sniffer identified the exploit as originating from a malicious JavaScript payload embedded through the site’s advertising infrastructure.

The code was traced to a domain mimicking AdButler, which had been recently registered and used to deliver a hidden malicious script within a banner advertisement.

Although the messages on each site varied, both incidents employed a nearly identical delivery method: a deceptive pop-up masquerading as a legitimate platform feature.

This seems like a coordinated campaign leveraging ad-based JavaScript exploits to target high-traffic cryptocurrency websites.

The post Crypto Scam: Binance’s CZ Speaks on CoinMarketCap, Cointelegraph Security Breach appeared first on Coinspeaker.

Read the article at Coinspeaker

Read More

XRP trading volume soars as new ATH attracts deepfake scam targeting investors

XRP trading volume soars as new ATH attracts deepfake scam targeting investors

XRP has hit a new all-time high of $3.65, driven largely by a spike in trading activi...
Dogecoin Price Prediction: Expect 60% Liftoff If This Channel Breaks: Analyst

Dogecoin Price Prediction: Expect 60% Liftoff If This Channel Breaks: Analyst

Crypto analyst MMBTtrader has predicted that the Dogecoin price could record a 60% ra...

Crypto Scam: Binance’s CZ Speaks on CoinMarketCap, Cointelegraph Security Breach


by Bhushan Akolkar
for Coinspeaker
Crypto Scam: Binance’s CZ Speaks on CoinMarketCap, Cointelegraph Security Breach

Crypto scams are evolving. After previously targeting crypto exchanges and trading platforms, hackers are now focusing on popular information sites like CoinMarketCap and Cointelegraph to reach daily visitors.

Binance founder Changpeng Zhao has also highlighted this shift, urging users to remain vigilant and cautious when approving wallet connection requests.

The recent development comes soon after the $82 million hack last week of Iranian crypto exchange Nobitex.

CoinMarketCap Faces Exploit in Latest Crypto Scam

CoinMarketCap faced a massive exploit on June 20. The crypto data provider faced a front-end breach that caused a fake wallet prompt to appear on its homepage.

The vulnerability was traced to an unauthorized JavaScript embedded within a doodle image, which temporarily disrupted the platform’s interface. The platform promptly acknowledged the issue and responded swiftly, stating:

“Our security team identified a vulnerability related to a doodle image displayed on our homepage. This doodle image contained a link that triggered malicious code through an API call, resulting in an unexpected pop-up for some users when visiting our homepage.”

In a similar exploit on Sunday, June 22, popular crypto news publication Cointelegraph confirmed a front-end security breach wherein users were exposed to a malicious pop-up which requested on connecting their crypto wallets.

On June 22, scammers launched a fraudulent campaign promoting a fake Cointelegraph token (CTG) and a counterfeit initial coin offering (ICO).

The breach was first flagged by blockchain security platform Scam Sniffer, which revealed that the attackers sought to trick users into granting wallet access. Once connected, the attackers could drain assets from the compromised wallets.

Exploiting JavaScript Codes

Scam Sniffer identified the exploit as originating from a malicious JavaScript payload embedded through the site’s advertising infrastructure.

The code was traced to a domain mimicking AdButler, which had been recently registered and used to deliver a hidden malicious script within a banner advertisement.

Although the messages on each site varied, both incidents employed a nearly identical delivery method: a deceptive pop-up masquerading as a legitimate platform feature.

This seems like a coordinated campaign leveraging ad-based JavaScript exploits to target high-traffic cryptocurrency websites.

The post Crypto Scam: Binance’s CZ Speaks on CoinMarketCap, Cointelegraph Security Breach appeared first on Coinspeaker.

Read the article at Coinspeaker

Read More

XRP trading volume soars as new ATH attracts deepfake scam targeting investors

XRP trading volume soars as new ATH attracts deepfake scam targeting investors

XRP has hit a new all-time high of $3.65, driven largely by a spike in trading activi...
Dogecoin Price Prediction: Expect 60% Liftoff If This Channel Breaks: Analyst

Dogecoin Price Prediction: Expect 60% Liftoff If This Channel Breaks: Analyst

Crypto analyst MMBTtrader has predicted that the Dogecoin price could record a 60% ra...