EddieJayonCrypto
12 Jan 24
Hackers recently targeted major crypto data aggregator Coingecko and the U.S. Securities and Exchange Commission's official Twitter accounts, promoting a fake token launch and airdrop and spreading false news about the approval of Bitcoin exchange-traded fund applications. Coingecko has warned users...
Recently, hackers targeted Coingecko and the U.S. Securities and Exchange Commission's official Twitter accounts, promoting a fake token launch and spreading false news about the approval of Bitcoin exchange-traded fund applications. Coingecko has taken steps to secure its accounts, and the incidents have raised concerns about cybersecurity in the cryptocurrency sector.
After the Coingecko incident, the SEC's account was also compromised, leading to the spread of fake news about Bitcoin exchange-traded fund applications. Coingecko warned its users not to click on any suspicious links, and some users reported losing funds due to the compromised tweet. The lack of two-factor authentication for the SEC's account has drawn criticism from the crypto community.
Disclaimer: The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.