WEB3
by BSCN
September 11, 2023
Vitalik's X account was compromised in a phishing attack where users were deceived by a fraudulent link promising a "commemorative NFT".
Summary
Following the Saturday midnight hijacking of Ethereum co-founder Vitalik Buterin’s X account, Binance CEO Changpeng Zhao (CZ) has sent a reminder to crypto users to utilize hardware 2FA on all crypto platforms.
Reported by various security outlets including Peckshield, Vitalik fell victim to a phishing attack on his X account.
The attacker posted a message containing a fraudulent link, enticing users to claim a "commemorative NFT" with a promise of it being free for the next 24 hours. Although the post was removed, it managed to siphon off cryptocurrencies and NFTs valued at approximately $700,000, according to onchain sleuth ZachXBT.
In a separate post, CZ advised users to use common sense when reading content on social media, even from large KOLs.
“Twitter's account security is not designed as financial platforms. It needs quite a bit more features: 2FA, login id should be different from handle or email, etc. In the past, I have had my Twitter account locked a few times due to hackers trying to brute-force it (trying different passwords repeatedly). This was before the "Elon era,” he added.
This breach follows closely behind another significant incident, in which the leading online casino Stake.com fell victim to a $41 million hack.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCN. The information provided in this article is for educational and entertainment purposes only and should not be construed as investment advice, or advice of any kind. BSCN assumes no responsibility for any investment decisions made based on the information provided in this article. If you believe that the article should be amended, please reach out to the BSCN team by emailing [email protected].
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