Binance CEO warns of phishing scams after Uniswap founder’s Twitter hack

Binance CEO warns of phishing scams after Uniswap founder’s Twitter hack

Crypto Live NewsCryptocurrency Exchange

Author: Mustafa Mulla Jul 22, 2023 21:35

Mustafa Mulla

Author

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Binance CEO Changpeng Zhao has warned the cryptocurrency community about social engineering frauds after Uniswap founder Hayden Adams’ Twitter account was hacked. The malicious players took control of Adams’ account and tweeted falsely that the decentralized exchange was compromised, attaching a phishing link for users to revoke access to their wallets. CZ advised enabling two-factor authentication with a hardware device on all cryptocurrency exchanges, suspecting the hack to be a SIM swap attack.

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