Ethereum Creator Vitalik Buterin Falls Victim to Twitter Hack, Resulting in $691,000 Stolen from Users
Ethereum creator Vitalik Buterin appears to have been hacked on Twitter, leading to the theft of $691,000 from users who clicked on a corrupted link shared on his feed. The hack was first detected when a post appeared on Buterin’s account announcing the launch of commemorative non-fungible tokens (NFTs) from Consensys. The malicious link tricked victims into connecting their wallets to mint the NFTs, but instead, it allowed the hacker to steal their funds. The fake link was quickly reported on Crypto Twitter, and Buterin’s father confirmed the hack. Many victims lost access to their wallet funds, with the hacker initially stealing $147,000, which later increased to $691,000. Buterin has not yet commented on the incident.
Hot Take
This incident highlights the ongoing issue of social media hacks that result in significant losses for users. It raises questions about the compensation of victims and the security measures implemented by platforms like Twitter. Two-factor authentication is a crucial defense method, but it is only available to users who pay for Twitter Blue. The hack also emphasizes the need for improved security features and practices to protect users’ digital assets.
By
By
By