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Hackers Hijack Vitalik Buterin’s X Account, Draining Almost $700K In Cryptocurrency NFTs

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A hacker targeted the co-founder of Ethereum’s ETH account and managed to siphon nearly $700,000 from victims who were taken in by Buterin’s supposed endorsement.

READ ALSO:Coinecko Crypto Platform Issues Altcoins SEC Categorized As Securities

Buterin is among the top giant fires in the cryptocurrency industry and the last person a hacker should target. However, a bad actor breached his X handle and posted a malicious phishing link to defraud users.

Fast Facts  

  • Vitalik Buterin’s father, Dmitry Buterin, on September 9, made a post announcing that Vitalik’s X account had been hijacked.
  • Although Vitalik’s father came to the rescue by posting that his son’s account had been compromised and users should disregard the link, it was already too late.
  • Following the hack of Buterin’s X account, victims lost more than $691,000 due to the malicious link that falsely promoted a free NFT.
  • The fake link was published through Buterin’s X account with the claim of celebrating the emergence of “Proto-Danksharding, which is coming to Ethereum.
  • The hacker enticed users by sharing a fake link, supposedly for a free commemorative NFT (nonfungible token) available, urging victims to link their wallets and ultimately make away with their funds.
  • It turned out that the link sent by the hacker went directly to a phishing website. Through this site, the hacker was able to steal cryptos and nonfungible tokens from the wallets of the unsuspecting users who used the post.
  • Among the victims of the hack is Bok Khoo, a prominent Ethereum developer well-known on X as Bokky Poobah. He claimed he had experienced losses on his CryptoPunk series, although he didn’t reveal the amount stolen.
  • However, even though these bad players keep attacking, many believe the reason for the reoccurrence is that the account owners are at fault.

What’s Happening In Crypto Today?

At the time of this writing, Bitcoin is trading at $25,712.04, with a drop in market cap by 0.47% and an increase in trading volume by 60.86%.

Ethereum, on the other hand, is selling at $1,589.33, with a drop in market cap by 2.13% and an increase in trading volume by 120.31%.

  • Meanwhile, Tether is currently selling at $1.00, with an increase in market cap by 0.03% and an increase in trading volume by 51.33%.
  • BNB, on the other hand, is presently trading at $207.87, with a drop in market cap by 2.33% and an increase in trading volume by 37.33%.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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