YouTube channels hacked and rebranded for live-streaming crypto scams

YouTube channels hacked and rebranded for live-streaming crypto scams

A new report shared by Google’s Threat Analysis Group (TAG) highlights an ongoing phishing campaign against YouTube creators, typically resulting in the compromise and sale of channels for broadcasting cryptocurrency scams.

The TAG attributes the attacks to a group of hackers recruited in a Russian-speaking forum, who hack the creator’s channel by offering fake collaboration opportunities. Once hijacked, the YouTube channels are either sold to the highest bidder or used to broadcast cryptocurrency scams:

Our top trading bots

“A large number of hijacked channels were rebranded for cryptocurrency scam live-streaming. On account-trading markets, hijacked channels ranged from $3 USD to $4,000 USD depending on the number of subscribers.”

The YouTube accounts are reportedly being hacked using cookie theft malware, a fake software configured to run on a victim’s computer without being detected. TAG also reported that the hackers also changed the names, profile pictures and content of the YouTube channels to impersonate large tech or cryptocurrency exchange firms.

According to Google, “the attacker live-streamed videos promising cryptocurrency giveaways in exchange for an initial contribution.” The company has invested in tools to detect and block phishing and social engineering emails, cookie theft hijacking and crypto-scam live streams as a countermeasure.

Given the ongoing efforts, Google has managed to decrease the volume of Gmail phishing emails by 99.6% since May 2021. “With increased detection efforts, we’ve observed attackers shifting away from Gmail to other email providers (mostly email.cz, seznam.cz, post.cz and aol.com),” the company added.

Google has shared the above findings with the Federal Bureau of Investigation (FBI) of the United States for further investigation.

Related: CoinMarketCap hack reportedly leaks 3.1 million user email addresses

Over 3.1 million (3,117,548) user email addresses were reportedly leaked from a crypto price-tracking website, CoinMarketCap.

According to a Cointelegraph report, Have I Been Pwned, a website dedicated to tracking online hacks found the hacked email addresses being traded and sold online on various hacking forums.

CoinMarketCap acknowledged the correlation of the leaked data with their userbase but maintains that no evidence of a hack has been found on their internal servers:

"As no passwords are included in the data we have seen, we believe that it is most likely sourced from another platform where users may have reused passwords across multiple sites."
Read on here Cointelegraph
Gnosis (GNO) price rallies 50%+ after CowSwap users claim COW airdrop
This week Gnosis (GNO) price notched a swift 50%+ rally after the project took another step forward in its transition to the Coincidence of Wants Procotol,...
Billionaire admits he was wrong about Bitcoin as Citadel looks to crypto markets
American multinational hedge fund and financial services company Citadel is poised to enter cryptocurrency markets this year.Speaking on Bloomberg Wealth...
Stealth rulemaking: Is proposed SEC rule with no mention of crypto a threat to DeFi?
On Jan. 26, the United States Securities and Exchange Commission proposed amendments to Rule 3b-16 under the Exchange Act that lacks any mention of digital...
Korean government tells Apple and Google stores to take down P2E games
The South Korean government has moved to block the release of new play to earn (P2E) games and requested that existing ones be removed from Google Play...
On heritage and NFT: Challenging the meaning of legacy itself
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi)...
Reelected Miami mayor to take 401k retirement savings partly in Bitcoin
The long-standing mayor of Miami Francis Suarez has now announced plans to take a part of his 401(k) payout in Bitcoin (BTC) just a month after he started...
CIA director says agency currently has 'a number of different projects' focused on crypto
Current director of the Central Intelligence Agency William Burns said his predecessor at the government agency initiated projects focused on gathering...
White paper introducing Jack Dorsey's decentralized Bitcoin exchange published on Friday
Jack Dorsey, co-founder, and CEO of both Square and Twitter, released a white paper Friday detailing plans for Square's decentralized Bitcoin (BTC) exchange...
Pakistani high court orders government to regulate crypto in three months
The High Court of Sindh (SHC), the highest judicial body in Pakistan’s Sindh Province, has asked the government to come up with modalities for cryptocurrency...
DYDX gains 80% in a week — What's driving the DEX token rally?
Decentralized exchange dYdX's native token DYDX surged by nearly 80% this week as traders assessed its potential against China's recent ban on crypto transactions.The...
Bitcoin attacks last resistance before $50K with BTC price daily close now crucial
Bitcoin (BTC) climbed to new multi-month highs later on Aug. 20 as an extended rebound took hold of crypto markets.BTC/USD 1-day candle chart (Bitstamp)....
Former US Treasury official joins Binance to lead AML efforts
Former United States Treasury Criminal Investigator Greg Monahan joined major cryptocurrency exchange Binance to oversee the company’s international Anti-Money...
MyEtherWallet founder notes two key aspects of Ethereum London hard fork
Ethereum underwent an upgrade on Thursday, bringing with it a number of alterations to the network's blockchain. CEO and founder of MyEtherWallet, Kosala...
Portuguese national football team launches fan token with Socios
Blockchain-based sports platform Chiliz has partnered with the Portuguese Football Federation to release fan tokens on Socios.In a Thursday announcement...
Biden nominee for Treasury Dept will prioritize crypto regulation
Brian Nelson, President Joe Biden’s nominee for under secretary for the Department of the Treasury’s division on terrorism and financial crimes, said he...