Cryptocurrency

YouTube helps recover hacked channel that attempted XRP crypto scams

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.

YouTube’s swift intervention ensured damage control by preventing XRP hackers to interact with the channel subscribers. Recently, one of the largest YouTube creators Linus Tech Tips reported losing access to his number of 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 — fake impersonation videos generated by artificial intelligence (AI) tools to spread misinformation.

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

The concerns escalate as Chinese tech giant Tencent launched a new deepfakes-as-a-service, allowing users to impersonate anyone for $145 (1,000 yuan).

As previously reported by Cointelegraph, the service will be used by Tencent for hosting 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 and research about the world of cryptocurrencies, blockchain and Web3.

For learning more about Web3 development, check out these five YouTube channels that can help investors and enthusiasts assist through their journey.

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

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