Aptos Network’s Twitter Handle Hacked by Scammers: APT Token Prices Drop
A security breach on Aptos Network’s Twitter handle has allowed scammers to promote a fraudulent APT token airdrop campaign. The scam involved a fake APT token airdrop and targeted unsuspecting individuals who clicked the link. As a result, APT token prices have decreased by 4% on the last trading day.
Key Points:
– Aptos Network’s Twitter account was hacked by scammers who used it to promote a fraudulent APT token airdrop.
– The scam targeted unsuspecting individuals who clicked the link.
– Aptos Labs announced collaboration with Aptos Foundation to regain control of the compromised account.
– The Aptos blockchain is operating optimally despite the security breach.
Scammers have been increasingly targeting crypto influencers and projects on social media. This year alone, there have been various cases of Twitter accounts of popular figures and projects being compromised. In January, Azuki’s Twitter account was breached, resulting in the theft of more than $750,000 worth of NFTs and crypto assets. In March, Dante Disparte’s Twitter account was compromised to promote scam giveaways. In April, KuCoin users lost over $22,000 to bad actors who manipulated the exchange’s hacked official Twitter handle.
At present, the APT token is valued at $7.19, experiencing a 4.8% decline in the last 24 hours. It has a market capitalization of $1,507,416,580 and a 24-hour trading volume of $84,196,675. Additionally, in June, scammers compromised the Twitter accounts of eight popular figures in the crypto industry, resulting in the theft of nearly $1 million worth of cryptocurrencies.
Hot Take:
The recent security breach on Aptos Network’s Twitter handle is yet another example of scammers exploiting social media platforms for fraudulent activities. It highlights the importance of staying vigilant and not engaging with suspicious links or offers. Both projects and individuals in the crypto space need to prioritize cybersecurity measures to protect their communities and investments. As the industry grows, it becomes increasingly crucial to educate ourselves and adopt best practices to avoid falling victim to such scams. Stay informed and stay safe.
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