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CoinMarketCap Removes Wallet Scam Code, Security Probe Ongoing
On June 21, 2025, CoinMarketCap announced the removal of a malicious wallet scam code from its platform. The news comes as a relief to users who were previously targeted by the fake verification prompt.
According to reports, the scam involved a popup that appeared on the website, asking users to connect their wallets and approve access to ERC-20 tokens. Multiple users flagged the issue on social media, warning others about the potential phishing attempt.
In response to the incident, CoinMarketCap confirmed the issue and promptly removed the code from its site. The platform also stated that it is continuing an investigation into the matter.
The removal of the scam code comes as a positive step towards enhancing user security. However, it raises concerns about how the malicious code was initially inserted onto the website and how long it remained active before being detected.
This incident follows a major data breach in October 2021, when hackers accessed and leaked more than 3.1 million user email addresses from CoinMarketCap. The stolen data was later found on hacking forums and confirmed by security tracker Have I Been Pwned.
CoinMarketCap has not disclosed how the latest malicious code was inserted into its website or how long it remained active. The team has stated that it is still working to strengthen its security protocols.
The removal of the scam code is a crucial step in ensuring the safety and well-being of users on CoinMarketCap’s platform. The company must work diligently to ensure that such incidents are rare occurrences going forward.
It is essential for the cryptocurrency community to remain vigilant and report any suspicious activity, allowing platforms like CoinMarketCap to take swift action and protect its users’ assets.
Source: coinchapter.com
