Cryptocurrency price tracking site CoinGecko announced Wednesday that it had hacked the accounts of social media platform X.
In the fraudulent post, the hackers promoted the launch of a new cryptocurrency called GCKO, which could be used to pay for API services such as cryptocurrency ANKR. It also contained a suspicious link to a token airdrop.
CoinGecko later attempted to limit the impact of the fraud attempt by posting a warning to X.
“Our Twitter accounts CoinGecko and GeckoTerminal Corrupted.” CoinGecko Posted After the incident. “We are investigating the situation and taking immediate action to protect your account. Please do not click on links or engage with suspicious content. Your security is our top priority. We will keep you updated. Thank you for your patience.”
CoinGecko did not immediately respond to The Block’s email request for comment.
SEC’s Hacked X Account
CoinGecko’s hacked accounts follow a Securities and Exchange Commission report on Tuesday that X accounts were compromised.
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About the author
MK Manoylov has been a reporter for The Block since 2020, joining just before Bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for publications covering all cryptocurrency-related news, preferring NFTs, metaverse, web3 games, fundraising, crime, hacking, and cryptocurrency ecosystem stories. MK holds a graduate degree from New York University’s Science, Health, and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. X You can follow MK at @MManoylov and on LinkedIn.