Recent Crypto Breaches Target CoinGecko and SEC Twitter Accounts

Recent security breaches targeted both CoinGecko and the official Twitter account of the US Securities and Exchange Commission (SEC)

The incidents underscore a growing trend of cryptocurrency-related hacks and scams

CoinGecko's breach involved hackers using a fake "Coingecko Token" airdrop to trick users into clicking on a malicious phishing link

Surprisingly, both CoinGecko and the SEC reportedly did not have two-factor authentication enabled for their accounts

The CoinGecko incident contributes to a series of high-profile cryptocurrency-related hacks in 2024, resulting in losses exceeding $120 million