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Price Surge Results in Compromised Tellor Accounts

Price Surge Results in Compromised Tellor Accounts

Tellor Reports Double-Digit Gains as PeckShield Warns of Hacked Account

Tellor has seen a significant increase in value in the past 24 hours, reaching $112.21. However, the cryptocurrency has also been hit by hackers. PeckShield recently reported that its account was compromised.

A Fake Airdrop

The hackers took advantage of X to promote a fake airdrop of Tellor’s TRB tokens. They posted misleading messages urging users to claim free tokens by following a phishing link. The posts redirected users to a counterfeit website mimicking Tellor’s official URL. PeckShield warned that this phishing platform posed a risk to users’ private keys and other sensitive information.

Following a 150% Price Gain

In late October, TRB experienced a significant price increase of over 150%, making it one of the top gainers among altcoins. On November 3, the cryptocurrency saw a smaller but still notable 10.15% increase in value.

Hot Take: Tellor Faces Hacking Threats Amidst Rising Value

Tellor’s recent surge in value has attracted both positive attention and unwanted hacking attempts. While the cryptocurrency continues to see significant gains, it is crucial for users to remain vigilant against phishing scams and other security threats. PeckShield’s warning serves as a reminder to exercise caution when engaging with promotions or claims of free tokens. As the crypto market continues to evolve, it is essential for investors and enthusiasts to stay informed and take necessary precautions to protect their assets.

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Price Surge Results in Compromised Tellor Accounts