Coin Bureau, a popular information portal on the evolution of cryptocurrencies with more than 600,000 followers on Twitter, suffered a security breach on its YouTube channel on Monday. The hackers allegedly uploaded a video with links to fraudulent crypto/fiat addresses soliciting a token sale before being taken down by YouTube. According to Coin Bureau staff, they were baffled by the incident as their accounts were “secured with ultra-strong passwords and Google security keys.”
So our YouTube channel was just hacked. Have absolutely no idea how this happened. All accounts are secured with ultra strong passwords and Google security keys. @YouTubeCreators this is a serious problem which other creators are also experiencing. please fix
— Coin Bureau (guy.eth) (@coinbureau) January 24, 2022
So our YouTube channel just got hacked. I have no idea how it happened. All accounts are protected with ultra-strong passwords and Google security keys. @YouTubeCreators this is a serious issue that other creators are experiencing as well. Please fix this.
This is by no means an isolated incident. Prominent crypto YouTubers like Ivan on Tech and Real Vision Finance have seen their accounts compromised in recent days. It appears to have been a coordinated effort, as the hackers uploaded a video titled “One World Cryptocurrency”, which requested the same type of token sale on all compromised accounts. Additionally, all accounts were logged in from an IP address in the Philippines, although VPNs were widespread, making it difficult to track exact login locations.
Seems like it’s happening to other YouTubers at the same time. @Altcoinbuzzio @FloydMayweather Also possibly @IvanOnTech @aantonop (seen by my telegram members). pic.twitter.com/WvknuyL3Px
— Boxmining (@boxmining) January 23, 2022
It seems like it’s happening to other YouTubers at the same time. @Altcoinbuzzio @FloydMayweather Also possibly @IvanOnTech @aantonop (seen by my Telegram members).
It’s unclear how much the hackers made, as both the creators and YouTube quickly removed the scam videos. However, there have been unconfirmed reports of Twitter users claiming losses. A user, @James86965119, would have transferred $1,000 in digital currencies to the fake addresses posted by the hacker. In addition, if the accusations of the youtubers are proven, The effectiveness of Google’s two-factor authentication service would be questioned. In theory, hackers couldn’t access a person’s YouTube account unless they had both the password and the security key.
Keep reading: