News
Cryptocurrency stolen in a SIM swap may lead to a precedent-setting decision on phone company responsibility.
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Latest SIM Swap News
Explore the latest news on SIM swap attacks that target cryptocurrency holders by exploiting vulnerabilities in the mobile carrier’s system.
Attackers persuade the carrier to transfer the victim’s phone number to a SIM card that they control. This provides access to two-factor authentication codes, allowing illegal access to the victim’s crypto accounts.
SIM swap attacks frequently result in severe financial losses for the victims. Additional security measures can help reduce SIM swap attacks, such as using authenticator apps instead of SMS-based authentication.
- News
Onchain detective ZachXBT has linked the convicted UK hacker Gurvinder Bhangu to Sydney Sweeney and Bob Odenkirk’s crypto hacks.
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According to the on-chain sleuth, the CAT memecoin creators hacked crypto influencer GCR to manipulate some coin prices.
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The telecom company is reportedly seeking $1.8 billion in loans amid a plan to raise a total of $2.9 billion in debt.
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SatoshiLabs revealed that it suspects the compromise to be a sophisticated and premeditated phishing attack planned by hackers over several weeks.
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The SEC had multifactor authentication enabled six months prior to the hack, but it was disabled by X Support following a request by an SEC staff member, the securities regulator revealed.
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The founders behind Manifold Trading and Rug Radio have confirmed they were recently targeted in SIM-swap attacks.
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The 2FA security measure is optional for Friend.tech users seeking additional security on the platform.
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In a short period of time, four friend.tech users reported their accounts were compromised and drained after hackers seized control of their mobile numbers.
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The number of social engineering attacks in the cryptocurrency industry has been rising, with major execs getting hacked recently.
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As SIM swap attacks are often seen as non-demanding regarding technical skills, users must be diligent with their identity security.
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The bad actors used a fake Gutter Cat Gang airdrop scam to drain people’s wallets, with at least $700,000 worth of NFTs stolen from a single address.
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The hacker managed to steal $794,000 worth of crypto from an exchange via a SIM swap attack on an executive, but didn’t cover his tracks well.
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Social media metrics show strong retail investor sentiment behind the ongoing CFX price rally.
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Noah Davis, the NFT expert for the auction house Christie’s, said he’s not looking to change the plan for CryptoPunks when he leads the project and has invited holders to a one-on-one chat.
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