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Circle CSO's Twitter account breached by scammers

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"Any links to offers are scams. We are investigating the situation and taking action accordingly," wrote USDC issuer Circle. According to an official post on Mar. 22 from Circle, issuer of the USD Coin (USDC) stablecoin, the Twitter account for its chief strategy officer (CSO) and head of global policy Dante Disparte has been compromised. In a previously deleted Tweet, Disparte's account reportedly began promoting fake loyalty rewards to long-time users of USDC.  @ddisparte Twitter account was hacked. https://t.co/pItTHAG9Al — Jeremy Allaire (@jerallaire) March 22, 2023 Previously before the compromise, Disparte's account tweeted about the firm's regulatory developments and its participation in the ongoing Paris Blockchain Week. The security breach came less than a month after the stablecoin briefly depegged due to reserve deposits left in custody of defunct American tech bank Silicon Valley Bank. The incident has since been resolved and USDC has repegged...

5 sneaky tricks crypto phishing scammers used last year: SlowMist

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SlowMist found that across 303 recorded blockchain security incidents in 2022, nearly a third were made up of phishing attacks, rug pulls and scams. Blockchain security firm SlowMist has highlighted five common phishing techniques crypto scammers used on victims in 2022, including malicious browser bookmarks, phony sales orders and trojan malware spread on messaging app Discord. It comes after the Security firm recorded a total of 303 Blockchain Security incidents in the year, with 31.6% of these incidents caused by phishing , rug pull or other scams, according to a Jan. 9 SlowMist Blockchain Security report. A pie chart of attack methods in 2022 in percentages Source: SlowMist Malicious browser bookmarks One of the phishing strategies makes use of bookmark managers, a feature in most modern browsers. SlowMist said scammers have been exploiting these to ultimately gain access to a project owner’s Discord account. "By inserting JavaScript code into bookmarks through these phishi...