Kaito AI, an artificial intelligence platform that aggregates cryptographic data to provide market analysis to users, and its founder Yu Hu was victims of hacking on social media on March 15.
In several currently removed posts, hackers claimed that Kaito wallets were violated and advised users that their funds were not secure.
According to That Defi Warhol, hackers, open a tiny position on Kaito tokens, before they published messages in the hope that users were selling or drawing funds, which caused the price and profits to break up for threatened actors.
The price of the Kaito token will fall, probably due to a tiny position. Source: Coinmarketcap
The Kaito AI team regained access to accounts and assured users that Kaito’s wallets were not violated in exploit on social media.
“We had high standard security measures to prevent [the hack] – So it seems that he is similar or the same as the other last hacks of Twitter accounts, “added Kaito AI.
This recent exploit is the latest from the growing list of hacks in social media, social engineering fraud and cyber security incidents harassing the cryptographic industry.
Source: Kaito AI
Related: Kaito AI token opposes the influence on the pressure with a price rally 50%
Alertness is crucial: some of the latest frauds and exploits that affected the crypto
The Pump.Fun X account was hacked on February 26 by an at risk actor promoting several false tokens, including a false management token for the Fair Launch platform called “Pump”.
According to At ONCAIN SLEUTH ZACKXBT, an incident with a pump.fun was directly connected to hacking the Jupiter Dao account and the compromise of the DODZYFCOIN X account.
March 7 Albert Securities Commission, Canadian financial regulator, warned Public opinion that malicious actors used false information articles and false support with the participation of Canadian politicians to promote cryptocurrency fraud.
The fraud, known as Cancap, played in fear of the trade war between Canada and the USA to lure nothing suspected of investing victims in the project, which the fraudsters they claimed were supported by the Canadian leader Justin Trudeau.
An example of the fraud of Lazarus social engineering, in which hackers pretend they are the capital capital capital who experience audiovisual problems. Source: Nick Bax
Cryptocurrency leadership also sounds an alarm in a new fraud from the Lazarus hacker group sponsored by the state, in which hackers become Venture Capital capitals at the Zoom meeting.
When the goal is in the conference room, hackers claim that they have experienced audiovisual problems and redirect the victim to a malicious chat in which the user is encouraged to download the patch.
Patch contains malicious software designed for theft of private cryptographic keys and other confidential information from the victim’s computer.
Warehouse: Lazarus’ favorite exploit was revealed – analysis of cryptographic hacks
