Hackers unleash new wallet connection scams on Cointelegraph, CoinMarketCap

Cointelegraph’s website was compromised by a front-end exploit, tricking users into connecting wallets for a fraudulent token airdrop, echoing a similar breach at CoinMarketCap.

Changpeng Zhao cautioned the crypto community about the increase in phishing attacks on information sites, urging users to avoid connecting wallets to unfamiliar platforms.

In May, crypto investors lost over 240 million USD to social engineering scams, reflecting a troubling trend in the cryptocurrency market as such attacks rise.

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