Blockworks Founder Narrates Hack Ordeal, Here Are Key Takeaways

Blockworks founder, Jason Yanowitz, recently shared his ordeal of falling victim to a crypto hack, offering valuable insights for others. Yanowitz revealed that there had been several attempts to hack his accounts, including his emails, Twitter, and crypto accounts, which he was alerted about through notifications. Fortunately, his non-text 2FA setup prevented any successful breaches, until he received an email regarding a login attempt from North Cyprus on his X account. Believing it to be a genuine notification, he clicked on a link that directed him to enter his username and password, unknowingly falling for a phishing trick. Upon updating his password, he discovered that his email address had been changed, confirming that he had been genuinely hacked. Reflecting on this incident, Yanowitz advised the public to avoid clicking on links, thoroughly review email addresses, set up 2FA for all accounts, and take a moment to consider how an attack could have happened. This incident serves as a reminder of the increasing vulnerability of high-profile individuals and brands to hacking attempts, with recent examples including the SEC being hacked prior to approving Bitcoin ETFs and Ripple’s CEO warning about deepfake scam videos circulating on YouTube.