Crypto

Mandiant’s account on X hacked to push cryptocurrency scam

Published

2 years ago

January 3, 2024

Mandiant’s account on X hacked to push cryptocurrency scam

The Twitter account of American cybersecurity firm and Google subsidiary Mandiant was hijacked earlier today to impersonate the Phantom crypto wallet and share a cryptocurrency scam.

“We are aware of the incident impacting the Mandiant X account and are working to resolve the issue,” a Mandiant spokesperson told BleepingComputer.

After getting control, the attacker renamed it to @phantomsolw and promoted a fake website impersonating the Phantom crypto wallet and promising to distribute free $PHNTM tokens as part of an airdrop.

In tests by BleepingComputer, those who click the ‘Claim Aidrop’ button and don’t have the Phantom wallet installed will get redirected to the legitimate site where they’re prompted to install it.

Once installed, it will try to automatically drain the targets’ cryptocurrency wallets. However, the Phantom Wallet now warns that the scammers’ website is part of a phishing attack.

“Phantom believes this website is malicious and unsafe to use. We have disabled the ability to interact with it in order to protect you and your funds,” the warning says.

The threat actor behind this attack has since deleted the scam tweet and is now using it to troll Mandiant, saying, “Sorry, change password please.” and “Check bookmarks when you get account back.”

Hijacked Mandiant Twitter account

As shown in the screenshot above, the attacker retweeted posts from the official Phantom account, including ones advising users to “never rush into clicking links,” likely to add legitimacy to future crypto-scam posts.

Mandiant’s original Twitter handle, @mandiant, now displays a “This account doesn’t exist. Try searching for another.” error message.

Crypto

Crypto Tax Pressure Reaches Congress as Lawmakers Face Urgent Push to Rewrite Federal Rules

Published

4 hours ago

December 17, 2025

Press Room

Lawmakers are confronting rising pressure to modernize cryptocurrency tax policy as uncertainty clouds compliance, threatens U.S. competitiveness, and forces Congress to weigh legislative action amid warnings that capital and innovation could move offshore.

Crypto

Cryptocurrency becomes trendy holiday gift option

Published

16 hours ago

December 16, 2025

Press Room

Cryptocurrency becomes trendy holiday gift option

PHOENIX (AZFamily) — Cryptocurrency is appearing on more holiday wish lists as gift-givers look for alternatives to traditional presents.

A new survey from the National Cryptocurrency Association and PayPal shows 24% of Americans have given or are considering giving cryptocurrency this holiday season.

The survey also found that 17% of consumers would rather receive cryptocurrency than a gift card, and 31% of Americans believe crypto gifts are less likely to go unused than gift cards.

“It’s actually a trending holiday gift, especially compared to gift cards,” said Ali Tager, a spokesperson for the NCA. “We know crypto is becoming increasingly mainstream.”

Tager said people like receiving cryptocurrency because it has the potential to increase in value.

“There’s so much you can do with this technology and it’s still in its early days,” she said.

Financial advisor Angelica Prescod said there are other investment options to consider for gift-giving.

“One of them is just gifting people something simple. Maybe some shares of some stocks that you may already have, that you are gifting over, or you can give them the cash to do so and open up their own account and feel involved in the process,” Prescod said. “For most folks [cryptocurrency] is not really the go to.”

Gift-givers can also contribute to 529 plans for college and other education expenses.

“It’s that gift that potentially can keep on giving,” Prescod said.

For those still interested in giving cryptocurrency, experts recommend doing research first.

“Like with everything, anywhere, you always want to do your research. You want to make sure to verify your sources. You never want to take financial advice from strangers or click on random links that you receive,” Tager said.

The National Cryptocurrency Association offers a crypto simulator that helps users learn how to choose an exchange, set up a wallet, and send and receive cryptocurrency without spending real money.

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Crypto

Visa Targets Banks and Fintechs With Stablecoin Advisory Launch as Adoption Pressure Tightens

Published

1 day ago

December 16, 2025

Press Room

Visa Targets Banks and Fintechs With Stablecoin Advisory Launch as Adoption Pressure Tightens

Visa is moving deeper into stablecoin-powered payments as adoption surges, launching a new advisory practice to help banks, fintechs, and enterprises design, assess, and deploy stablecoin strategies across global payment and treasury operations.