Showing posts with label twitter hack. Show all posts
Showing posts with label twitter hack. Show all posts

*UPDATED* Ethereum Founder Vitalik Buterin's Reveals How His Twitter was Hacked, Leading to Nearly $700,000 in Stolen Crypto...

Vitalik twitter hack

Story Published Sept 10

Update Added Sept 16: Jump to update

In a shocking turn of events, Vitalik Buterin's official Twitter account was compromised by hackers on Saturday, September 9, 2023. The breach led to a loss of nearly $700,000 in cryptocurrencies, highlighting the vulnerabilities even high-profile figures face in the digital realm.

The Deceptive Tweet

The hackers, with just a single tweet, managed to deceive a significant number of Buterin's followers. The tweet announced a purported free NFT giveaway from Consensys, a renowned blockchain technology company.


This was supposedly in celebration of the release of proto-darksharding, a much-anticipated update to the Ethereum protocol. The update, as claimed, would reduce the costs associated with Ethereum sidechains, commonly referred to as rollups.

The 'Drainer' Exploit

Many followers, seeing the tweet from the official account of Ethereum's creator, were lured into a trap. The link provided in the tweet redirected users to a malicious website designed to exploit their trust.

This type of scam, known as a 'drainer' tricks users into connecting their cryptocurrency wallets to a seemingly legitimate website. Once connected, the hacker can then transfer all assets from the victim's wallet to their own.

High-Value NFTs Stolen

In addition to the stolen cryptocurrencies, the hackers made away with two high-value 'Crypto Punks' NFTs. These digital collectibles have gained immense popularity and value in recent years.

The stolen NFTs were priced at a staggering 153.62 ETH (approximately USD 250,000) and 58.18 ETH (USD 95,000) respectively.

Update: 

We finally have a response from Vitalik, apparent a sim swap was the method used.

Yweety

Considering this involves ;social engineering' AKA fooling an employee of the phone company in to switching a phone line from the legitimate customer to phone controlled by the hacker.


While the hacker is blame,, at least a little of the blame  must go to T-Mobile whos employees should be properly trained to spot a scam that is several years old.

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Author: Mark Pippen
London Newsroom
GlobalCryptoPress | Breaking Crypto News


Full Criminal Charges Announced For TEEN Who Hacked Celebs and Former President's Twitters To Steal Bitcoin...


He got on the Twitter Accounts Of Former President Obama, Candidate Joe Biden, Elon Musk and many more - and he's not even a legal adult!

Graham Ivan Clark is being called the 'mastermind' behind it all, he's just 17 years old and had just graduated high school. 

...Just to post an old, simple scam to steal crypto from extremely gullible people. Millions saw the posts, but they barely brought in $100,000 in Bitcoin, authorities say.

Now the teen faces dozens of felony charges. 


Video Courtesy of Inside Edition