Crypto Hacking News: Exit Scams and Compromised Accounts Rock the Market

In the fast-paced and ever-evolving world of cryptocurrency, investors are constantly on the lookout for the next big opportunity. However, with great potential rewards come great risks. In the last 24 hours, the crypto market has been rocked by several instances of hacking, exit scams, and compromised accounts. Let’s dive into the details and uncover what has been happening.

Exit Scam at Kannagi Zksync:
One of the most significant events in the last 24 hours is the alleged exit scam at Kannagi Zksync. A user named @zachxbt has reported that the project has sneakily rugged investors for over $1 million. Adding to the suspicion, the social accounts and groups associated with Kannagi Zksync have been deleted. The scammer’s wallet address has been identified as 0x95ec03b821f164ce55cbb26f23f591a9bd40d6c1. This incident has raised concerns about the security and trustworthiness of projects operating in the crypto space.

Exit Scam at Income Sharks:
Another alarming report suggests that the popular account @IncomeSharks has been compromised. Investors are being warned not to click on any links until the team confirms that they have regained control of the account. This incident serves as a reminder that even well-established accounts can be vulnerable to hacking attempts, highlighting the importance of robust security measures.

Phishing Attack on Plena Finance:
The hacking spree continues with reports of a phishing link being posted on the official @PlenaFinance Discord Server. As a precautionary measure, users are advised to avoid clicking on any links until the team confirms that they have regained control of the server. Phishing attacks, where scammers trick users into revealing sensitive information, have become increasingly common in the crypto world, emphasizing the need for heightened vigilance.

Funds Bridged to Alternate Chains:
In a separate incident, CertiKSkynetAlert has reported that funds from Kannagi Zksync’s vaults were removed and bridged to alternate chains. Notably, the following chains were affected: ETH ($326,330.63), BSC ($302,580), POLY ($187.73), OP ($177,815.19), ARB ($186.43), and AVAX ($237,923). The total amount of funds bridged summed up to $1,045,022. This highlights the complexity and interconnectedness of the crypto ecosystem, as scammers leverage different chains to hide their ill-gotten gains.

The past 24 hours have witnessed an unfortunate series of hacking incidents, exit scams, compromised accounts, and phishing attacks. These events highlight the need for both investors and project teams to remain vigilant and prioritize robust security measures. Always exercise caution when investing in the crypto space, conducting thorough research, and familiarizing yourself with the projects you choose to engage with. As the industry continues to evolve, staying informed and adopting best practices remains the best defense against malicious actors seeking to exploit the trust and enthusiasm in the crypto community.

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