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WeChat friends help crypto thieves, Korbit denies hack: Asia Express

cryptoweekly by cryptoweekly
June 20, 2025
in bitcoin, News
0

WeChat hackers use victims’ friends to steal crypto. South Korean exchange Korbit denies hack after 12-hour maintenance.

Chinese social media influencers have been targeted in a wave of WeChat account hacks, with attackers suspected of exploiting the messaging platforms security feature meant to keep them out.

Since April, multiple victims claim hackers gained access to their WeChat login credentials and then triggered the platforms friend verification system. This security feature, one of three login options on WeChat, allows a users contacts to receive verification requests on their behalf when logging into a new device. Its intended as a backup when SMS or QR code authentication is unavailable.

Cos, co-founder of blockchain security firm SlowMist, broke down the method in a June 17 post on X. He noted that attackers appear to target contacts with whom victims had minimal interaction, increasing the chances those users might mindlessly approve the request and forward the code.

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Recent Posts
  • Bitcoiners split on $94K or $114K for BTC’s next move as it trades sideways
  • North Korea targets crypto workers with new info-stealing malware
  • Arizona Senate revives Bitcoin reserve bill after reconsideration vote
  • Bitcoin sentiment at ‘peak FUD’ with divide between bears and bulls — Santiment
  • Semler Scientific plans Bitcoin holdings of 105,000 BTC by 2027
  • Semler Scientific plans Bitcoin holdings of 105,000 BTC by 2027
  • WeChat friends help crypto thieves, Korbit denies hack: Asia Express

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