Bug causes Google to list malicious websites in searches for ‘Coinmarketcap’
Binance CEO Changpeng Zhao tweeted to warn users that Google will show them phishing websites when they search for CoinMarket Cap.
Zhao said users trying to add smart contract addresses to their MetaMask wallets were most affected by the error.
Google shows phishing sites when users search for CMC. This affects a user who uses these phishing sites to add smart contract addresses to his MetaMask. We are in the process of contacting Google about this, and in the meantime we are warning our users about this through our social channels. pic.twitter.com/3q4860Jl4H
— CZ🔶 Binance (@cz_binance) October 27, 2022
According to Zhao, Binance’s security team has detected the issue and is contacting Google to try to resolve the issue. At the time of writing, Google has not made any returns or modifications.
phishing attack
As the crypto space expands, so does the number of hacks, phishing attacks, and scams.
A recent report from Immunefi revealed that the Web3 space lost more than $428 million to hacks and fraud in the third quarter of 2022. The report contained a total of 39 incidents, but no phishing attacks. But they are growing in number, effectiveness, and sophistication. The community has also noticed its spread as they have become the latest form of tech scam.
Phishing attacks gained a lot of attention in February when OpenSea lost nearly $2 million worth of NFTs to phishing attacks. Since then, many other projects have also lost millions of dollars to phishing attacks.
In May, attackers phished $1.5 million worth of NFTs from Moonbirds. In July, his V3 LP on leading decentralized exchange Uniswap underwent another phishing attack, losing more than $4.7 million.
Recently, users of major exchange platform FTX lost more than $6 million in phishing attacks. His CEO of FTX, Sam Bankman-Fried, published a thread on his Twitter in response to the attack, admitting that a statistical phishing scam occurred. He said:
“Phishing usually looks like an email and contains an inappropriate attachment or something.
Cryptocurrency scams are becoming more sophisticated.
For example, there is a team of people working to keep fake FTX clones out of sight. “
