Cointelegraph’s X Account Hacked; Sends Phishing Links to Users – Coincu

On May 10, 2025, the official X account of Cointelegraph was compromised, leading to fraudulent links being sent to users. Prominent crypto platform participants were affected by this breach.

The incident highlights the significant threat posed by social engineering in the cryptocurrency sector. Phishing schemes are becoming increasingly sophisticated, drawing attention to potential vulnerabilities.

Cointelegraph’s X Account Hack Triggers Phishing Scare

On May 10, 2025, the official X account of Cointelegraph was compromised, leading to fraudulent links being sent to users. Prominent crypto platform participants were affected by this breach.

The incident highlights the significant threat posed by social engineering in the cryptocurrency sector. Phishing schemes are becoming increasingly sophisticated, drawing attention to potential vulnerabilities.

“This compromise follows the pattern of recent social engineering attacks via X, showcasing increasing sophistication.” – ZachXBT, Blockchain Investigator

Past Crypto Attacks Underscore Need for Security Enhancement

Did you know? The July 2020 Twitter hack led to over $100,000 in losses from high-profile account takeovers, setting a precedent for current crypto social engineering threats.

Ethereum (ETH) is currently priced at $2,333.94 with a market cap of $281.78 billion and commands an 8.63% market dominance, according to CoinMarketCap. Its trading volume over the past 24 hours was $41.46 billion (up 7.45%), and the price has seen a 27.16% increase over the past week, albeit dropping by 12.37% over 90 days.

Coincu’s research team notes that the recurring nature of these attacks necessitates a stronger regulatory framework and improved technological defenses across cryptocurrency platforms. Enhancing user education and robust verification processes could significantly mitigate these risks for individual investors and the broader market.