CoinMarketCap Hit by Wallet Phishing Scam—Here’s What Went Down

Crypto's favorite price tracker just got a nasty surprise. CoinMarketCap users were briefly targeted by a wallet-draining phishing pop-up—because apparently even data aggregators aren't safe from DeFi's wild west.

How it happened: The attack vector was straight out of Web2's playbook—a rogue JavaScript pop-up mimicking wallet connection requests. No fancy smart contract exploits here, just old-school social engineering with a crypto twist.

The silver lining? The breach lasted under an hour before CMC's team contained it. Though that's still 59 minutes too long when millions in assets could've been at risk.

Security experts are calling this a wake-up call for the industry. 'When the Bloomberg terminal of crypto gets compromised, nobody gets to claim they're 'too big to hack' anymore,' quipped one white-hat hacker.

Meanwhile in TradFi land: Bankers are probably sipping champagne over this news—nothing makes legacy finance happier than seeing crypto shoot itself in the foot.