The CoinGecko Twitter Account Gets Hacked
The social media account of cryptocurrency price tracking site CoinGecko was hacked, the company announced. The hackers posted a fraudulent message promoting a new cryptocurrency called GCKO and included a suspicious link to a token airdrop. CoinGecko quickly responded by issuing a warning on their account to prevent people from falling for the scam. They urged users not to click on any links or engage with suspicious content. CoinGecko is currently investigating the situation and taking steps to secure their accounts.
SEC’s X Account Compromised
CoinGecko’s hacked account follows the recent hacking of the Securities and Exchange Commission’s X account. This incident highlights the vulnerability of social media accounts in the crypto industry.
About the Author
MK Manoylov has been a reporter for The Block since 2020, covering various crypto news topics. With a focus on NFTs, metaverse, web3 gaming, funding, crime, hacks, and the crypto ecosystem, MK brings extensive knowledge and experience to their articles. MK holds a graduate degree from New York University and has also written for WebMD and Insider.
Hot Take: CoinGecko’s Twitter Account Hacked Raises Concerns about Social Media Security
The recent hacking of CoinGecko’s Twitter account is a clear reminder of the security risks associated with social media platforms in the crypto industry. Hackers took advantage of the compromised account to promote a fraudulent cryptocurrency and potentially scam unsuspecting users. This incident underscores the importance of implementing robust security measures and being cautious when interacting with content on social media platforms. It serves as a wake-up call for both individuals and companies operating in the crypto space to prioritize cybersecurity and take proactive steps to protect their online presence.
By
By
By
By
By
By