After Buterin’s X account was taken over, the perpetrators pushed out a message promoting a fake NFT drop.
The scam stole $700,000 of crypto and NFTs from unsuspecting victims.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Last night, Ethereum co-founder Vitalik Buterin’s X account was taken over and used to steal $700,000 in crypto and NFTs.
When the account was taken over, it was used to advertise a fake commemorative NFT mint that supposedly had a time limit, encouraging users to mint them quickly. Yet the link was to a phishing website that would drain cryptocurrencies and NFTs from wallets that interacted with it. Through this phishing attack, around $700,000 in crypto and NFTs were lost, according to estimates from crypto sleuth ZachXBT and on-chain data. This included one CryptoPunk NFT worth 153 ETH and hundreds of ether from multiple individuals.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Could This Vitalik-Backed Protocol Bring Privacy to a Regulated Crypto World?A new paper from Ethereum’s co-founder and four co-authors including Illum proposes a solution to Tornado Cash’s inability to separate the activity of bad actors from good ones.
Read more »
Vitalik Buterin Addresses Ethereum's Major Issues Right NowEthereum founder Vitalik Buterin dives deep into solving key ETH issues
Read more »
Vitalik Buterin states Ethereum faces same issues it did in 2017 as network continues to struggleEthereum is considered to be the home of decentralized finance as it brought smart contracts to the limelight when it first launched. While the blockc
Read more »
Ethereum Price Remains Steady as Vitalik Buterin Falls Victim to HackersVitalik Buterin, co-founder of Ethereum, had his X account compromised by hackers
Read more »
Vitalik Buterin's X (Twitter) Account Compromised, Iconic NFT Reportedly StolenButerin is the latest big name to have their account compromised.
Read more »
Navarre Ave. Taco Bell employee arrested for multiple uses of customers’ credit cardsThey say they found over $700 worth of online credit charges and are still in the process of recovering their funds.
Read more »