Cointelegraph X Account Hacked, Phishing Attack Exposed – Coincu

By: bitcoin ethereum news|2025/05/11 05:15:07

Cointelegraph’s X account was hacked, leading to phishing attempts. Phishing messages impersonated crypto KOL Edgy. Experts like ZachXBT highlight increased sophistication in cyber threats. Cointelegraph’s official X account was hacked on May 10, 2025, with phishing links distributed to followers. This breach has drawn attention due to its sophistication and potential impact on users. The unauthorized access to Cointelegraph’s X account resulted in phishing links being sent to its followers. Direct messages received by followers directed them to a spoofed website to steal account credentials. Crypto key opinion leader (KOL) Edgy was named in the phishing messages meant to deceive users. ZachXBT , a blockchain investigator, linked the attack to a rising pattern of recent social engineering attacks within the crypto industry , as other breaches show similarities. Phishing Links Target Cointelegraph Followers on X “This compromise follows the pattern of recent social engineering attacks via X, showcasing increasing sophistication.” – ZachXBT Impersonation and phishing methods have significantly increased, with attackers exploiting vulnerabilities in social media. Community responses underscore the urgent need for robust security measures to prevent credential theft. Coincu analysts note the pattern of social engineering reflects the increasing sophistication witnessed in previous incidents. ZachXBT emphasized how this breach demonstrates the need for better defenses against phishing. Security experts advocate for improved user education and verification methods to protect against rising digital threats. Historical Social Media Breaches and Market Data Did you know? In July 2020, a similar high-profile Twitter hack resulted in over $100,000 losses, indicating the persistent threat of social media breaches. Bitcoin’s recent data, as of May 10, 2025, highlights a price at $103,298.77, with a market cap at $2.05 trillion. Market dominance is notably high at 62.00%. The trading volume fell by 41.43% in 24 hours, reflecting a dynamic market adjustments. These data points from CoinMarketCap showcase a volatile crypto landscape. Over the past 30 days, Bitcoin’s price rose by 29.33%, illustrating a significant upward trend. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 20:50 UTC on May 10, 2025. Source: CoinMarketCap Coincu analysts note the attack may prompt exchanges and platforms to enhance security protocols , preventing phishing and social engineering threats. Historical trends indicate a likely increase in regulatory focus on social media security in the crypto space, potentially influencing future platform operations significantly. Source: https://coincu.com/336875-cointelegraph-x-account-hack/

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