{"id":5519,"date":"2025-06-23T18:13:09","date_gmt":"2025-06-23T18:13:09","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/cointelegraph-and-coinmarketcap-hacked-why-non-custodial-wallets-are-necessary\/"},"modified":"2025-06-23T18:13:09","modified_gmt":"2025-06-23T18:13:09","slug":"cointelegraph-and-coinmarketcap-hacked-why-non-custodial-wallets-are-necessary","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/cointelegraph-and-coinmarketcap-hacked-why-non-custodial-wallets-are-necessary\/","title":{"rendered":"Cointelegraph and CoinMarketCap Hacked: Why Non-Custodial Wallets Are Necessary"},"content":{"rendered":"<p>Want to check on Bitcoin\u2019s latest price moves? Just pop over to CoinMarketCap and\u2026 enter your wallet info?<\/p>\n<p>On June 20, 2025, visitors to a number of major crypto sites, including CoinTelegraph and CoinMarketCap, were prompted to connect their crypto wallets before accessing the site.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"aligncenter wp-image-776387\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/coinmarketcap-hack-2025-06-23.png?w=750&#038;resize=700%2C333\" alt=\"CoinMarketCap homepage showed an authentic-looking &#039;connect your wallet&#039; popup.\" width=\"700\" height=\"333\" \/><\/p>\n<p>The <a href=\"https:\/\/www.reddit.com\/r\/Bitcoin\/comments\/1lgf6jn\/coinmarketcap_has_been_hacked_do_not_interact\/\" target=\"_blank\" rel=\"noopener nofollow\">pop-up was a hack<\/a>, a wallet-stealer designed to siphon information away from users.<\/p>\n<p>CoinMarketCap users can create accounts and connect wallets to track their portfolios, so the pop-up itself might not have seemed entirely out-of-place.<\/p>\n<p>Users quickly uncovered the hack, and affected sites moved rapidly to limit the damage.<\/p>\n<p>The incident highlights a new potential vulnerability in the growing crypto ecosystem. With such attacks, phishing can occur even on trusted platforms.<\/p>\n<h2>What Wallet? Hacks Exploited Common Wallet Connectivity Features<\/h2>\n<p>The incident involved the injection of malicious JavaScript code into CoinMarketCap\u2019s homepage.<\/p>\n<p>When unsuspecting users visited the site, they were greeted with a realistic-looking \u2018Connect Wallet to Verify\u2019 popup, mimicking standard Web3 wallet connection prompts.<\/p>\n<p>Users who clicked the popup and approved the transaction gave attackers full access to their wallets.<\/p>\n<p>The CMC hack reportedly had 39 victims with over $18K in losses. The script was since removed, and CMC has patched the vulnerability.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"aligncenter wp-image-776390\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/cz-cmc-hack-warning-2025-06-23.png?w=583&#038;resize=700%2C232\" alt=\"CZ posted a CMC hack warning on X, highlighting on-chain data showing 39 victims and $18K losses.\" width=\"700\" height=\"232\" \/><\/p>\n<h2>Cointelegraph Also Targeted<\/h2>\n<p>Just days later, on June 23, Cointelegraph, another prominent crypto news outlet, <a href=\"https:\/\/x.com\/DegenerateNews\/status\/1936958679825203496\" target=\"_blank\" rel=\"noopener nofollow\">faced a similar attack<\/a>.<\/p>\n<p>In this case, attackers managed to compromise an ad-serving network, injecting code that produced a fake token airdrop popup promoting a nonexistent \u2018Cointelegraph token&#8217; or &#8216;CTG.&#8217;<\/p>\n<p>The popup redirected users to a phishing site designed to harvest wallet signatures.<\/p>\n<p>Once again, users who interacted and signed the transaction lost access to their funds. Cointelegraph quickly issued a warning across its social media channels and disabled the malicious script.<\/p>\n<p>Both the CMC and CT hacks are part of a growing category of crypto hacks focused on compromising wallets.<\/p>\n<p>Per <a href=\"https:\/\/indd.adobe.com\/view\/ebdc3abd-f08d-438c-9515-8e08736784f0\" target=\"_blank\" rel=\"noopener nofollow\">CertiK\u2019s quarterly report<\/a>, these attacks produce the largest losses (over $1.450M in Q1 2025 alone).<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"aligncenter wp-image-776405\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/cetik-quarterly-report-2025-06-23.png?w=573&#038;resize=700%2C365\" alt=\"Certik quarterly report comparing attack incidence count and incurred losses. Wallet compromises have the fewest reports but biggest damages.\" width=\"700\" height=\"365\" \/><\/p>\n<p>Wallet compromises are not as successful as other attacks, ranking last by incident count. But when they work, hackers can make off with vast amounts quickly.<\/p>\n<h2>Vigilance and Knowing the Warning Signs: Key to Avoid Losses<\/h2>\n<p>Binance founder and former CEO Changpeng Zhao (CZ) took to X and <a href=\"https:\/\/x.com\/cz_binance\/status\/1936991040420110834\" target=\"_blank\" rel=\"noopener nofollow\">warned users<\/a> to \u2018be careful when authorizing wallet connect.\u2019<\/p>\n<p>Both the CMC and CT hacks used pop-ups, one for a simple wallet connect prompt, and one for a purported crypto airdrop.<\/p>\n<p>Cointelegraph&#8217;s official account also posted a warning, urging users to not click the pop-ups, connect wallets, or provide their personal information.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"aligncenter wp-image-776398\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/cointelegraph-alert-2025-06-23.png?w=606&#038;resize=700%2C409\" alt=\"Cointelegraph has also posted on X warning users about the fake pop-ups injected on their platform.\" width=\"700\" height=\"409\" \/><\/p>\n<p>Crypto airdrops and crypto presales are often used by legitimate projects to develop early interest and generate buzz about new projects, making such phishing attacks more convincing.<\/p>\n<p>Scammers create fakes in order to encourage investors to give away wallet information. The supposed project or token \u2013 in this case \u2018CTG\u2019 \u2013 never existed.<\/p>\n<p>How do investors stay safe? Avoiding any unexpected or unusual pop-ups, even from trust sources, is a first step.<\/p>\n<p>And when it comes to the crypto ICOs and presales, it&#8217;s important to get your info from trusted sources. This is where a new solution, <a href=\"https:\/\/newsbtc.care\/box_22cf4845e5dcc3eb2d5dd0b5cb0c8c9b\" target=\"_blank\" rel=\"noopener nofollow\"><strong>Best Wallet<\/strong><\/a>, stands out.<\/p>\n<p>This new app is the only Web3 wallet with a presale directory where you can browse only audited, secure presale tokens.<\/p>\n<p>The wallet also employs <a href=\"https:\/\/www.fireblocks.com\/what-is-mpc\/\" target=\"_blank\" rel=\"noopener nofollow\">Multi-Party Computation<\/a> technology, protecting your key from phishing attacks and hacks.<\/p>\n<h2>Best Wallet Token ($BEST) \u2013 The World\u2019s First and Only Crypto Presale Wallet<\/h2>\n<p>The evolution of crypto hacks is unfortunately part of crypto&#8217;s growing market and popularity.<\/p>\n<p>New Web3 solutions, like <a href=\"https:\/\/newsbtc.care\/box_22cf4845e5dcc3eb2d5dd0b5cb0c8c9b\" target=\"_blank\" rel=\"noopener nofollow\"><strong>Best Wallet<\/strong><\/a>, are evolving to tackle these security challenges, becoming a critical part of the crypto economy.<\/p>\n<p>And the <a href=\"https:\/\/newsbtc.care\/box_4790f47512f67e8df21d5ddecf4fb31b\" target=\"_blank\" rel=\"noopener nofollow\"><strong>Best Wallet Token ($BEST)<\/strong><\/a> is here to power-up the Best Wallet ecosystem and provide additional perks for holders.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"aligncenter wp-image-776400\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/best-wallet-token-benefits-2025-06-23.png?w=750&#038;resize=700%2C278\" alt=\"Best Wallet&#039;s token benefits include early access to new presales, lower transaction fees, and community governance.\" width=\"700\" height=\"278\" \/><\/p>\n<p>With $BEST, token holders can trade and swap tokens more easily, participate in community governance, and earn higher staking rewards.<\/p>\n<p>The token also allows early access to the best crypto presales, gathered and vetted by Best Wallet in their \u2018Upcoming Tokens\u2019 section.<\/p>\n<p>Here, investors can find upcoming crypto projects, as well as all the key information, such as whitepapers and tokenomics, needed to do research before investing.<\/p>\n<p>That makes Best Wallet&#8217;s platform and token some of the handiest tools for crypto investors who want to avoid shady pop-ups and still stay ahead of the markets.<\/p>\n<p>Most importantly, Best Wallet is non-custodial and privacy-focused; investors control all their wallet keys and can sign up and swap crypto without KYC.<\/p>\n<p>The Best Wallet token presale has raised $13.5M so far, with the coin currently priced at $0.025225.<\/p>\n<p>Note that, given its sought-after, privacy-oriented wallet, the $BEST token could reach $0.05 by the end of 2026 after a successful launch, delivering 102% returns to early investors.<\/p>\n<p>If you&#8217;re interested in supporting the project, now&#8217;s the right opportunity to buy the Best Wallet Token at the lowest price.<\/p>\n<p><strong><a href=\"https:\/\/newsbtc.care\/box_4790f47512f67e8df21d5ddecf4fb31b\" target=\"_blank\" rel=\"noopener nofollow\">Visit Best Wallet&#8217;s Token presale today.<\/a><\/strong><\/p>\n<h2>Security in the Age of Web3<\/h2>\n<p>The recent front-end Cointelegraph and CoinMarketCap hacks mark a dangerous new phase in crypto security threats.<\/p>\n<p>Unlike traditional hacking methods that target backend systems or databases, these exploits weaponize the user interface, where trust is assumed but rarely verified.<\/p>\n<p>Secure Web3 wallets like <a href=\"https:\/\/newsbtc.care\/box_22cf4845e5dcc3eb2d5dd0b5cb0c8c9b\" target=\"_blank\" rel=\"noopener nofollow\"><strong>Best Wallet<\/strong><\/a> can go a long way towards mitigating such growing risks.<\/p>\n<p>As always, do your own research before investing or choosing a crypto service provider. This article isn&#8217;t financial advice.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Want to check on Bitcoin\u2019s latest price moves? Just pop over to CoinMarketCap and\u2026 enter your wallet info? On June 20, 2025, visitors to a number of major crypto sites, including CoinTelegraph and CoinMarketCap, were prompted to connect their crypto wallets before accessing the site. The pop-up was a hack, a wallet-stealer designed to siphon&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5520,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[33],"class_list":["post-5519","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-cryptocurrency-market-news"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5519","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=5519"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5519\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/5520"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=5519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=5519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=5519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}