In a stunning turn of events, Bitboy, a well-known cryptocurrency expert and YouTuber, has lost over $700,000 worth of cryptocurrency in a sim-swapping attack.
Sim-swapping is a type of cyberattack in which hackers take control of a victim’s phone number by convincing their mobile carrier to switch the number over to a device they control. Once they have control of the victim’s phone number, they can use it to reset passwords, send phishing emails, and make unauthorized transactions.
In Bitboy’s case, the hackers used sim-swapping to gain access to his Twitter account. Once they had control of his account, they tweeted links to a phishing website that looked like a legitimate Bitboy website. Unsuspecting users who clicked on the link were then tricked into entering their cryptocurrency wallet addresses and passwords.
The hackers were able to steal over $700,000 worth of cryptocurrency from Bitboy’s victims. This includes Bitcoin, Ethereum, and other altcoins.
Bitboy has since regained control of his Twitter account and has warned his followers about the sim-swapping attack. He has also urged his followers to be careful about clicking on links in emails and on social media.
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This incident is a reminder that even experienced cryptocurrency users are not immune to cyberattacks. It is important to be aware of the risks and to take steps to protect yourself.
Here are some tips for protecting yourself from sim-swapping attacks:
- Use strong passwords and two-factor authentication (2FA) for all of your online accounts.
- Be careful about clicking on links in emails and on social media.
- If you think you may have been a victim of sim-swapping, contact your mobile carrier immediately.
By following these tips, you can help to protect yourself from sim-swapping attacks and other cyberattacks.
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This information is published by the NFT News media team.
