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Crypto Phishing and Manipulation Methods Got More Dangerous

29.01.2024
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Hackers are breaking into accounts of well-known Web3 personalities, compromising email addresses of major online platforms and potentially accessing the data of a huge number of users.

Beware of Crypto Phishing and Manipulation

Cybernews analysts discovered the largest ever data leak from popular platforms around the world, dubbed Mother of All Breaches (MOAB). The database combines information from 3,800 different leaks and contains personal data from over 26 billion accounts. This includes data of users of Tencent, Weibo, MySpace, Twitter, Deezer, LinkedIn, Telegram, and many other platforms.

Cybernews created a special service that helps check for the presence of personal data among MOAB records.

According to analysts, personal data of members of government organizations of different countries also leaked into the network. MOAB data can be used for a wide range of attacks in the future. Perhaps, it’s already being used. On January 25, a hacker broke into the X account of Staci Warden, CEO of the Algorand Foundation. The hacker posted mocking, provocative, and offensive tweets. Earlier, on January 9, the SEC’s X account was hacked, followed by a fake message about the approval of spot Bitcoin ETFs, which had a significant impact on the market.

Such cases aren’t isolated. Hackers often use social media accounts belonging to popular individuals and organizations to spread phishing links. Email addresses of well-known brands are also used for the same purpose. Since January 23, users of the Patreon platform received emails with phishing links that allegedly led to exclusive airdrops of Chainlink, Solana, Manta Network, and Sui tokens. According to Patreon’s support team, the problem was resolved. The extent of the damage is unknown.

Scammers stole crypto worth more than $580,000 by hacking into the MailerLite email marketing service. They gained access to email addresses and databases of major Web3 companies, including Cointelegraph, WalletConnect, De.Fi, and Token Terminal, and used them to send phishing links.

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CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

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