Saturday, June 14, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Crypto firms on alert after Tether CEO Paolo Ardoino warns of email list breach

Simon Osuji by Simon Osuji
June 5, 2024
in Crypto
0
Crypto firms on alert after Tether CEO Paolo Ardoino warns of email list breach
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Paolo Ardoino, the CEO of stablecoin issuer Tether, warned on June 5 about a potential security breach involving an unnamed crypto mailing list provider.

In a post on the social media platform X (formerly Twitter), Ardoino stated that his firm had received two independent confirmations suggesting a prominent vendor responsible for managing mailing lists for crypto companies might have been compromised.

While Ardoino did not provide specific details about the breach, he implied that it could be a supply chain attack targeting the crypto industry. A supply chain attack is a type of cyber attack that exploits third-party services or tools that the targeted entity or individual relies upon, serving as an indirect means of infiltration.

Ardoino cautioned users to be wary of any emails promising crypto airdrops within the past 24 hours, as they might be part of the attack.

Following Ardoino’s warning, several crypto-related firms promptly alerted their users about the potential threat of phishing links that might be shared in the emails.

Coingecko alerts community

Bobby Ong, the co-founder and COO of CoinGecko, acknowledged the ongoing supply chain email breach attack involving an email newsletter vendor, stating that several crypto companies might be affected through email blasts promoting fake token launches.

Ong advised users not to click on any links related to a fraudulent CoinGecko token as the platform has no plans for such a launch. He added:

“We at CoinGecko may be potentially affected and are actively working with our vendor to investigate further to determine the extent of this breach. We have seen phishing CoinGecko emails being sent from other client accounts. There is no CoinGecko token being planned so don’t be duped by the phishing emails.”

CoinGecko also posted an official warning on its social media account, clarifying that it is a neutral entity without any officially issued coins or tokens and advising users to be cautious of phishing links claiming to offer a “CGL token airdrop.”

Mentioned in this article
Latest Alpha Market Report

Source link

Related posts

Bitcoin holds steady at $105k despite escalating tensions between Iran, Israel

Bitcoin holds steady at $105k despite escalating tensions between Iran, Israel

June 13, 2025
Bitcoin-Powered DeFi Could Unseat Traditional Finance

Bitcoin-Powered DeFi Could Unseat Traditional Finance

June 13, 2025
Previous Post

Skylark Demos Subsea Detection for US Navy’s Global-X Challenge in Estonia

Next Post

US Dollar Falls Against Japanese Yen

Next Post
US Dollar Falls Against Japanese Yen

US Dollar Falls Against Japanese Yen

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

The D Brief: USCG to the border; Firings, removals begin; More Hegseth allegations; Executive orders, analyzed; And a bit more.

The D Brief: USCG to the border; Firings, removals begin; More Hegseth allegations; Executive orders, analyzed; And a bit more.

5 months ago
Iraqi Strikes Killed Senior Islamic State Leader: US

Iraqi Strikes Killed Senior Islamic State Leader: US

8 months ago
New technology enhances measurement reliability of methane gas emissions from rice paddy fields

New technology enhances measurement reliability of methane gas emissions from rice paddy fields

2 years ago
ChatGPT Picks 2024 Summer Winner

ChatGPT Picks 2024 Summer Winner

1 year ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Matthew Slater, son of Jackson State great, happy to see HBCUs back at the forefront

    0 shares
    Share 0 Tweet 0
  • Dolly Varden Focuses on Adding Ounces the Remainder of 2023

    0 shares
    Share 0 Tweet 0
  • US Dollar Might Fall To 96-97 Range in March 2024

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.