How Hackers Are Exploiting High Profile Accounts: A Look Into a Recent Supply Chain Email Breach

The post How Hackers Are Exploiting High Profile Accounts: A Look Into a Recent Supply Chain Email Breach appeared first on Coinpedia Fintech News

Hackers have always sought ways to gain easy access to crypto thefts. One method is to access the emails of big entities like crypto platforms or individuals with a large following. 

One such case is when  The cryptocurrency community was put on high alert after word went around that there could have been a supply chain email breach. On Wednesday, Tether CEO Paolo Ardoino and CoinGecko Co-founder Bobby Ong urged people to be wary of phishing scams and fake airdrop launches. It was because the email listing provider, which was applied by many crypto platforms, may have been hacked.

In an X post, Tether CEO Paolo Ardoino responded affirmatively to reports of an attack on a well-known email vendor used by many crypto organisations. Ardoino advised users to disregard any emails received during that time. 

We received now 2 independent confirmations that a prominent vendor used by crypto companies to manage mailing lists might have been compromised.

Not making names yet until investigation is completed, but please beware of any emails suggesting crypto-airdrops received since 24h…