Blockworks Co-Founder Falls Victim to Crypto Hack
Jason Yanowitz, the co-founder of Blockworks, recently revealed that his crypto account was hacked. Despite multiple attempts by the perpetrator, Yanowitz’s security setup was unable to prevent the breach. He shared details of the exploit to help others avoid similar situations.
In the past few weeks, Yanowitz had been receiving notifications of attempted logins to his various accounts, including email, Twitter, and crypto accounts. Fortunately, his non-text two-factor authentication (2FA) kept the hackers at bay. However, he received an email stating that a login attempt had been made on his Twitter account from North Cyprus.
Thinking it was a legitimate email, Yanowitz clicked on a link provided in the email and entered his username and password. This allowed the hacker to successfully change his email address, leading to the real hack.
Takeaways for Public Awareness
To prevent falling victim to similar attacks, Yanowitz offered several takeaways:
- Avoid clicking on links in suspicious emails and carefully review the actual email address.
- Set up 2FA for all accounts.
- If hacked, slow down and analyze how the attack could have happened.
High-Profile Individuals and Brands Face Hacks
This incident highlights how high-profile individuals and brands are targeted by hackers. The recent hacking of the United States Securities and Exchange Commission (SEC) just before approving Bitcoin ETFs is another example. Additionally, Ripple CEO Brad Garlinghouse warned about deepfake scam videos circulating on YouTube.
Hot Take: Protecting Your Crypto Accounts from Hacks
As crypto assets become more valuable, it’s crucial to prioritize the security of your accounts. Implementing strong security measures, such as non-text 2FA and careful scrutiny of emails, can greatly reduce the risk of falling victim to hackers. Stay vigilant and take proactive steps to protect your digital assets.
By
By
By
By