March 23, 2023

A YouTube channel owned by the federal government of South Korea was reportedly hacked and renamed SpaceX Invest, following which the channel uploaded fabricated movies of Elon Musk discussing cryptocurrencies.

On Sept 3, the South Korean authorities’s YouTube channel was momentarily hacked and renamed for sharing dwell broadcasts of crypto-related movies. However, the account was quickly restored inside 4 hours following a proactive intervention, confirmed a neighborhood report from Yonhap News Agency (YNA).

The above screenshot was supplied to YNA by a locale that exhibits the compromised channel being renamed to SpaceX Invest and streaming movies depicting SpaceX CEO Elon Musk.

The compromised ID and password of the YouTube channel had been recognized as the foundation reason for the hack. Google, too, reportedly confirmed the compromise.

Related: Hackers try to sell NFT of Belarusian leader’s supposed stolen passport

To assist KyberSwap get well from a current hack that drained off $265,000 price of consumer funds, Binance carried out an inside investigation to trace down the culprits.

Binance CEO Changpeng ‘CZ’ Zhao revealed that the Binance safety crew recognized two suspects and forwarded the intel to KyberSwap and regulation enforcement. “Binance is now playing the role of a big brother in the crypto space. Binance has gone beyond securing its platform to securing the entire crypto ecosystem,” a member of Crypto Twitter identified.

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