Vitalik Buterin Reveals Details of Twitter Hack that Cost Followers $691,000
Vitalik Buterin, co-founder of Ethereum, recently shared the details of how hackers were able to take over his Twitter account and steal $691,000 from his followers. In a post on decentralized social network Farcaster, Buterin explained that the hackers used a SIM swap attack to trick Twitter into resetting his password, granting them access to his account and his 4.9 million followers. Buterin emphasized that the hack was made easier because Twitter uses a phone number for account recovery, even if it’s not used for two-factor authentication. He advised users to remove their phone numbers from Twitter to enhance security.
Hackers Exploit SIM Swap Attack to Gain Control of Buterin’s Twitter Account
Vitalik Buterin, the co-founder of Ethereum, recently revealed that hackers successfully hijacked his Twitter account and made off with $691,000 from his followers. According to Buterin, the hackers employed a SIM swap attack to deceive Twitter into resetting his account password, granting them access to his account and his substantial following of 4.9 million users. Buterin pointed out that the hack was facilitated by Twitter’s use of phone numbers for account recovery, which can bypass two-factor authentication. To bolster security, Buterin suggested that users remove their phone numbers entirely from their Twitter accounts.
Vitalik Buterin Falls Victim to SIM Swap Attack on Twitter
Vitalik Buterin, the co-founder of Ethereum, recently fell prey to a SIM swap attack on his Twitter account, resulting in the theft of $691,000 from his followers. In a post on the decentralized social network Farcaster, Buterin explained that the hackers manipulated Twitter into resetting his password by executing a SIM swap attack. This gave them control over his account and the ability to defraud his 4.9 million followers. The hack was made easier due to Twitter’s reliance on phone numbers for account recovery, even without two-factor authentication. Buterin advised users to remove their phone numbers from their Twitter accounts to mitigate the risk of similar attacks.
Vitalik Buterin’s Twitter Account Hacked in SIM Swap Attack
Vitalik Buterin, the renowned co-founder of Ethereum, recently shared the details of a SIM swap attack that led to the theft of $691,000 from his followers via his compromised Twitter account. Buterin disclosed on Farcaster, a decentralized social network, that the hackers manipulated Twitter into resetting his password by executing a SIM swap attack. This granted them full access to his account and his extensive following of 4.9 million users. Buterin highlighted Twitter’s vulnerability, as the platform uses phone numbers for account recovery, regardless of two-factor authentication. To enhance security, Buterin recommended that users eliminate their phone numbers from their Twitter accounts altogether.
Hot Take: Vitalik Buterin’s Twitter Hack Highlights the Dangers of SIM Swap Attacks
Last week, Vitalik Buterin, the co-founder of Ethereum, fell victim to a SIM swap attack that resulted in the theft of $691,000 from his Twitter followers. The hackers exploited a vulnerability in Twitter’s account recovery process, which relies on phone numbers. This allowed them to reset Buterin’s password and gain unauthorized access to his account and his massive following of 4.9 million users. This incident emphasizes the need for enhanced security measures, such as removing phone numbers from social media accounts and implementing stronger authentication methods. It serves as a stark reminder that even high-profile individuals in the crypto space can be targeted by sophisticated hackers, and users must remain vigilant to protect their digital assets and personal information.
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