- High-profile crypto platforms hacked; CZ alerts community.
- Fraudulent campaigns targeted user wallets.
- Community urged to verify suspicious pop-ups carefully.
Changpeng Zhao, founder of Binance, alerted the cryptocurrency community after Cointelegraph and CoinMarketCap experienced front-end hacks, leading to fraudulent wallet-draining campaigns.
Zhao’s warning highlights the threats from hacks targeting trusted platforms, impacting user confidence and security measures.
Cointelegraph and CoinMarketCap faced breaches endangering user funds. Cointelegraph issued a statement about fake airdrops involving “CTG tokens.” Below is their official communication:
“We are aware of a fraudulent pop-up falsely claiming to offer ‘CoinTelegraph ICO Airdrops’ or ‘CTG tokens’ that are appearing on our site.”
Both platforms have moved to strengthen security controls.
The hacks exploit the trusted nature of popular crypto platforms, directing users to scams. Users, including those holding ETH and BTC, reported wallet drains after interacting with malicious pop-ups.
No direct financial impact on exchanges or DeFi protocols was reported. However, stolen personal funds highlight the misuse of web infrastructure, urging more robust ad security measures.
Industry leaders, including Changpeng Zhao, stressed the need for vigilance against innovative hacking methods. As Zhao noted,
“Hackers are targeting information web sites now.”
Historical trends point to increasing cases affecting user data from trustworthy sites, which Cointelegraph and CoinMarketCap have experienced firsthand.
Insights suggest a need for stronger ad network security. Regulatory responses could focus on improving protection across all user interaction points in crypto-related services.
