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Market News

Crypto Data Provider, CoinGecko faces Phishing Attack 

Written By Gabriel Mael
Published January 10, 2024 11:42 PM
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Crypto Data Provider, CoinGecko faces Phishing Attack

Cryptocurrency data provider CoinGecko had its X account and terminal briefly compromised on January 10th. 

CoinGecko reported they are investigating the situation and securing their accounts, warning users not to click suspicious links. For a short time, a phishing link about a fake CoinGecko airdrop was posted to their X account before being deleted. 

Our Twitter accounts @CoinGecko and @GeckoTerminal have been compromised. We're taking immediate steps to investigate the situation and secure our accounts.

Please DO NOT click on any links or engage with suspicious content. Your security is our top priority.

We'll keep you…

— CoinGecko (@coingecko) January 10, 2024

This comes after the SEC’s X was hacked on January 9th, with scammers impersonating SEC Chair Gary Gensler to falsely announce Bitcoin spot ETF approval. X said this was not an infrastructure attack but rather lack of two-factor authentication on the SEC’s account. 

We can confirm that the account @SECGov was compromised and we have completed a preliminary investigation. Based on our investigation, the compromise was not due to any breach of X’s systems, but rather due to an unidentified individual obtaining control over a phone number…

— Safety (@Safety) January 10, 2024

The culprit obtained the account’s phone number through a third party for a SIM-swap attack, a common issue in crypto where hackers gain access by taking over the victim’s phone number.

Also Read: Azuki & Beanz Creators Collaborate with Anime Director

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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