Changpeng Zhao (CZ), founder of Binance, has issued a new warning to the crypto community amid a surge in phishing attacks targeting major cryptocurrency information platforms.
In a recent post on X, CZ urged users to be extremely cautious when connecting their wallets online, highlighting the increasing use of deceptive authorization prompts even on trusted websites.
2 days ago CMC, now CT. Hackers are targeting information web sites now. Be careful when authorizing wallet connect.
For CMC, based on initial on-chain analysis, there are 39 victims with a combined loss of $18,570. @CoinMarketCap will cover all losses. https://t.co/egkekyjAYQ
— CZ 🔶 BNB (@cz_binance) June 23, 2025
This warning follows two high-profile security breaches that have raised fresh concerns about phishing tactics in the digital asset space. The first involved Cointelegraph, a leading crypto media outlet, whose website was compromised on Sunday via a front-end exploit. The attackers injected a malicious pop-up ad falsely advertising a “CoinTelegraph ICO Airdrop” and offering counterfeit “CTG tokens.”
Users were promised nearly $5,500 worth of free tokens if they connected their wallets—a classic phishing trap dressed up with buzzwords like “fair launch” and even a fake CertiK audit to bolster credibility.
In response, Cointelegraph promptly issued a warning on X, advising readers not to click on the pop-up, connect wallets, or share personal information. The outlet confirmed that its team was actively working to resolve the breach and reinforce site security.
Just two days earlier, a similar attack was carried out on CoinMarketCap, one of the world’s most widely used crypto price-tracking platforms. In that case, users were misled by a fraudulent pop-up urging them to “verify” their wallets. Wallet providers such as MetaMask and Phantom quickly flagged the site as unsafe, validating the severity of the threat and prompting further caution from users.
These incidents reflect a broader escalation in politically and financially motivated cyberattacks within the crypto ecosystem. In a related development, blockchain analytics firm Chainalysis confirmed last week that the $90 million hack of Iran-based Nobitex was politically driven. The exploit, attributed to pro-Israel hacking group Gonjeshke Darande, underscores how digital assets are increasingly becoming targets in geopolitical conflict.
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