- Cointelegraph’s X account hack spreads phishing links.
- Crypto markets react to incident.
- Increased security measures likely for crypto accounts.
Cointelegraph’s official X account was reportedly hacked on May 10, 2025, spreading fraudulent links and prompting market concerns.
Incident Description
The official Twitter account of Cointelegraph was allegedly compromised on May 10, 2025, with fraudulent token contract tweets and phishing attempts reported. Numerous notable crypto figures, including @thedefiedge, identified and warned against these scams. The perpetrator utilized fake domain names like “Cointetegraph” to mislead individuals into revealing sensitive information.
“@thedefiedge, Crypto Influencer: ‘The official X account of Cointelegraph sent me a private message, asking me to review an article involving my content. The domain name was ‘Cointetegraph’ instead of Cointelegraph, and the domain name was misspelled.’
No official response has been issued by the Cointelegraph executives thus far, but several Key Opinion Leaders have taken to social media to alert others.
Market Impact
The breach briefly impacted the cryptocurrency market, with some altcoins experiencing volatility amidst heightened risk sentiment. Assets like WIF saw gains, while PEOPLE dropped during the incident window. Despite these effects, there is no concrete evidence directly linking these movements to the compromised account.
Broader Implications
Past experiences with similar social media breaches, such as the Tron DAO and New York Post hacks, underscore a growing pattern of threats and potential losses. Enhancing technological safeguards and vigilance might help reduce future incidents, maintaining user trust and market stability within the crypto domain.
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