- Cointelegraph’s X account reportedly hacked, posting false information.
- Users warned against clicking posted links or buying tokens.
- Community on alert, advises increased vigilance on social media.
Cointelegraph’s official account on X recently became the target of a suspected hack, raising alarms in the cryptocurrency community. The incident involved the account posting fraudulent on-chain token information, prompting urgent warnings to users against clicking any associated links.
The news underscores the ongoing vulnerabilities within social media platforms, where even major crypto news outlets can be targeted. This incident comes at a time when security of digital identities is of paramount concern amidst rising crypto scams and hacks.
Cointelegraph’s Account Breach Highlights Security Flaws
ChainCatcher reported suspicions about the Cointelegraph X account being hacked. The account reportedly posted dubious on-chain token information while disabling user comments, raising the likelihood of a malicious attempt to mislead followers.
In response to the situation, users are being advised not to click any links or invest in tokens recommended through the suspicious posts. This highlights the urgent need for enhanced security measures on social media platforms used by the cryptocurrency industry.
Amid increased vigilance, the community has voiced concerns over the impact of such incidents, with emphasis on improving digital identity verification processes. These practices are crucial in preserving trust in the platforms that disseminate cryptocurrency information globally.
Crypto Security Breaches Surge: $1.63 Billion in Q1 2025
Did you know? In the first quarter of 2025, crypto hacking losses surged to $1.63 billion, reflecting a 131% increase from the same period in 2024, highlighting increasing cyber threats to the crypto industry.
Recent data from CoinMarketCap indicates Bitcoin’s current trading price at $102,929.68, holding a dominant market position with a 62.50% share. Over the past 30 days, Bitcoin has seen a rise of 24.96%. The 24-hour trading volume is reported at $57.52 billion, down by 15.32%.
According to Coincu research team, the rise in hacking incidents demands stricter regulatory oversight and technical measures. The implementation of cutting-edge security protocols is essential for safeguarding digital assets and maintaining trust within the cryptocurrency ecosystem.
Source: https://coincu.com/336734-cointelegraph-x-account-hack-warning/