Prominent YouTuber DidYouKnowGaming was able to regain access to his YouTube channel, which an anonymous bad actor hacked to promote XRP (XRP) cryptocurrency scams.

While hacking into YouTube channels to promote scams has been a long-standing method of targeting unwary investors, the number of creators on the platform reporting hacks has increased. Most recently, DidYouKnowGaming — a YouTuber with 2.4 million subscribers — warned his Twitter followers about a hack.

After gaining access to the account, the hacker changed the YouTuber’s profile and cover images to Ripple’s logo, as shown below.

Hacked YouTube account of DidYouKnowGaming. Source: Twitter

YouTube’s swift intervention ensured damage control by preventing XRP hackers from interacting with the channel’s subscribers. Recently, one of the largest YouTube creators, Linus Tech Tips, also reported losing access to his channels.

While the exploit used by the hackers to gain access to YouTube accounts remains a mystery, the victim YouTubers have always been able to recover their accounts and deleted videos, if any.

The threat to crypto investors from such hacks is prominent, considering the rise of deepfakes, which are fake impersonation videos generated by artificial intelligence (AI) tools.

Hackers often create deepfakes of Tesla CEO Elon Musk and other entrepreneurs to misguide crypto investors.

Concerns escalated as Chinese tech giant Tencent launched a new deepfakes creation tool, allowing users to impersonate anyone for 1,000 yuan ($145).

Deepfake version (left) created by Tencent Cloud’s AI service. Source: Tencent (via Jiemian) 

As reported by Cointelegraph, the service will be used by Tencent to host live-streamed infomercials for the Chinese demographic.

Related: Here’s how to quickly spot a deepfake crypto scam — cybersecurity execs

Crypto investors across the world use YouTube to learn about and research the world of cryptocurrencies, blockchain and Web3.

To learn more about Web3 development, check out these five YouTube channels that can help investors and enthusiasts with their research.

Magazine: Shirtless shitposting and hunting SBF on the meme streets: Gabriel Haines, Hall of Flame

Read More: World News | Entertainment News | Celeb News
Cointelegraph

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Terra co-founder Daniel Shin’s arrest denied by court, citing low flight risk

A local court in South Korea denied the prosecutor’s request to issue…

Wynn Reveals Name, Timeline for UAE Casino-Resort

Posted on: April 28, 2023, 04:51h.  Last updated on: April 28, 2023,…

More than half of the Fortune 100 uses Apple’s Vision Pro headset

Apple’s Vision Pro headset, a mixed-reality spatial computing device, has been adopted…

3 reasons why traders put an $800 target on BNB price

BNB (BNB) price is trading below $600 after a two-day rally saw…