Page 19 - Patrick Hillmann News Today

World's largest crypto exchange Binance's chief communications officer Patrick Hillmann has revealed that online scammers made a Deepfake profile of him and tricked crypto community members into online meetings with him.Deepfakes are video ...

The head of communications for the cryptocurrency platform said scammers tricked crypto project founders into meetings using a deepfake of him.

Crypto projects attacked by hackers using deepfakes to pose as Binance executives.

Patrick Hillmann, chief communications officer of crypto exchange Binance, claims scammers made a deepfake of him to trick contacts into taking meetings. However, Hillmann has offered little hard evidence for the claim, and fears of deepfake impersonations have, in the past, been unfounded.

The scammers seemingly used Patrick Hillmanns media appearances to ape the chief comms officers image..

The scammers used previous TV appearances of Binance's Chief Communications Officer to create the deepfake.

Emphasising that the WazirX episode has exposed a darker side of crypto transactions and exercising caution is necessary, a top government source on Thursday

Users will still be able to deposit and withdraw balances via the standard withdrawal and deposit process between Binance and WazirX: Binance

The crypto exchange said it will cease to support off-chain fund transfers between WazirX Exchange and Binance via the “Login with Binance” option, , Binance, WazirX

The move is the latest escalation of tension between the estranged partners over ownership of the Indian startup.