The inventor of Pudgy Penguins, the chief technology officer of OpenAI, and even crypto-hater Peter Schiff’s accounts have lately been compromised by scammers.
On Twitter, con artists have hacked more than eight accounts in order to push phishing scams against well-known personalities in the cryptocurrency industry. Cryptocurrency worth approximately $1 million was stolen by the organization, according to blockchain analyst ZachXBT.
ZachXBT found a number of “linked on chain” wallets tied to phishing schemes spread by the hacked accounts. While SIM Swapping was the cause of the majority of attacks, it appears that other accounts may have been taken via a Twitter admin panel.
Cole Villemain, the creator of Pudgy Penguins, Steve Aoki, a DJ and NFT collector, and Pete Rizzo, the editor of Bitcoin Magazine are just a few of the people whose accounts have been compromised. Surprisingly, Peter Schiff, a well-known supporter of gold, had his account hacked in order to post a link on tokenized gold.
ZachXBT also noted a noteworthy account hack involving Mira Murati, the OpenAI chief technical officer. The crypto community was alarmed after her account tweeted a phishing link advertising a phony airdrop for the ERC-20 coin OPENAI.
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Before it was deleted, the phishing tweet sent on Mira Murati’s account received 79,600 views and 83 retweets during its roughly hour-long lifespan. To avoid posting warnings, the scammers had limited answers.
The necessity for more stringent security measures in the crypto industry is highlighted by the string of Twitter account hacks that target bitcoin influencers. When providing sensitive information or clicking on shady sites, users should exercise caution and vigilance.
The success of the con artists in stealing substantial sums of cryptocurrency emphasizes the significance of putting strong security procedures, such two-factor authentication and secure storage solutions, in place to safeguard digital assets.
There are probably investigations being conducted to find the perpetrators of these hacks and hold them responsible for their acts. Fighting fraud and enhancing security measures will remain essential to protect users and preserve ecosystem confidence as the crypto business expands.