Today's Top Crypto Headlines:

Cointelegraph Hacked Again | Hacken Token Crashes | Trezor Phishing Alert | Self Chain CEO Fired and more...

Author

King Fatrick Gil Añasco
June 24, 2025

Sponsored by

Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

  1. Cointelegraph Site Hacked Again: Cointelegraph suffered a front-end phishing attack, showing fake $5,500 airdrop pop-ups urging users to connect wallets.

  2. $HAI Token Crashes 97%: Hacken lost $5.5M after a leaked private key let an attacker mint 900M $HAI tokens, causing a 97% price drop. Only ~$250K was cashed out, but market damage was severe.

  3. Trezor Issues Phishing Warning: Scammers exploited Trezor’s contact form to send auto-reply phishing emails that appeared legitimate, urging users to reveal wallet backups.

  4. 💡Feature of the Day - Self Chain Fires CEO: Self Chain ousted CEO Ravindra Kumar amid allegations he ran a $50M OTC fraud using Telegram to sell discounted crypto.


    All this and more in today’s headlines!

Looking for unbiased, fact-based news? Join 1440 today.

Join over 4 million Americans who start their day with 1440 – your daily digest for unbiased, fact-centric news. From politics to sports, we cover it all by analyzing over 100 sources. Our concise, 5-minute read lands in your inbox each morning at no cost. Experience news without the noise; let 1440 help you make up your own mind. Sign up now and invite your friends and family to be part of the informed.

📰 News Highlights:

Cointelegraph Site Hacked [Source][Source][Source]

Cointelegraph confirmed its website was compromised in a front-end phishing attack that displayed fake airdrop pop-ups.

The fraudulent prompt claimed users were eligible for a $5,500 token giveaway and asked them to connect their crypto wallets.

The site warned users not to click the pop-up or share personal information.

The attack mirrors a similar one on CoinMarketCap just days earlier, where malicious code tricked users into linking their wallets under false pretenses.

🎁Freebie:

Download your free ebook now and take the first step toward mastering CRYPTO IN UNDER 60 MINS!

Hacken Token Crashes [Source][Source][Source][Source]

Cybersecurity firm Hacken faced a $5.5 million loss after a private key leak allowed an attacker to mint nearly 900 million $HAI tokens.

This overflow in supply caused the token’s value to drop by over 97% on decentralized exchanges.

Hacken attributed the breach to "human error" and stated the compromised key came from an account with minting privileges on both Ethereum and BNB networks.

The attacker only made off with about $250,000, but the market impact was far greater.

Trezor Phishing Alert [Source][Source][Source]

Trezor issued a warning after scammers exploited its website’s support contact form to send phishing emails.

Attackers used the form to generate auto-replies that appeared to be legitimate Trezor support messages.

These emails encouraged users to share sensitive wallet backup information.

Trezor assured users that no actual email breach occurred and the form is secure, though addresses may have come from previous leaks.

💡 Feature of the Day: 

Self Chain CEO Fired [Source][Source][Source][Source][Source]

Self Chain removed its CEO Ravindra Kumar following allegations of his involvement in a $50 million OTC crypto fraud scheme.

The platform announced a “decisive leadership transition” after reports linked Kumar to a Ponzi-style scam using Telegram to sell discounted tokens like GRT, APT, and SUI.

The scheme lured investors by paying early participants and defaulting on larger promised payouts over time.

Waseem | Aza Ventures in Aza Ventures Public

🚨 Important Update 🚨 We Have Been Scammed, I know, There is No Easy way to Say it.. But it is What it is. I met with the authorities today and now have full clarity on the situation. I want to share everything transparently with all of you. Key Points: Source 1's Deception: Initially, Source 1 provided genuine deals. However, he later shifted entirely to Ponzi schemes. I am currently reviewing all deals to separate the genuine ones from the fraudulent. Projects like SUI have been confirmed as Ponzi scams. Unfortunately, Source 1 was also the upstream source for both Source 2 and Source 3—hence why all distributions stopped simultaneously. Interaction with Authorities Thankfully, I’ve been able to demonstrate to the authorities that I, too, was deceived by Source 1. There is no major issue from their side for now—apart from some dues related to taxes on the fees I have taken. Given that I plan to refund all fees, the net tax amount will not be a problem. Most importantly, the authorities have confirmed…

t.me/Aza_Ventures/25453

Aza Ventures, which facilitated many of the trades, claimed the broker known as “Source 1” turned fraudulent after initially offering real deals.

Reports allege that Kumar was this broker, although he denies any connection.

😂 Crypto Meme of the Day: 

Meme of the day provided by @bitcoin.baddie

And that’s it for this today.

See you all tomorrow’s edition!


Jonathan Gibson
UseTheBitcoin.com