Hacker Exploits Vitalik Buterin’s Twitter: Over $690,000 Stolen Through Deceptive NFT Link

  • Ethereum creator Vitalik Buterin’s Twitter account compromised.
  • A fake NFT link robbed unsuspecting followers of nearly $700,000.
  • The incident sparks a major security alert on Crypto Twitter.

Details of the Deceptive Tweet and the Subsequent Heist

In a shocking revelation on Saturday, it came to light that Ethereum inventor Vitalik Buterin’s Twitter account had been compromised. A tweet promising an exclusive set of commemorative non-fungible tokens (NFTs) emerged, catching the attention of many of Buterin’s 4.9 million followers. This malicious link, rather than fulfilling its promise, served as a conduit for the hacker to access and drain funds from those who interacted with it.

Immediate Reactions from the Crypto Community

Crypto Twitter is known for its vigilance and quick reactions. Moments after the deceptive link surfaced, alarms were raised by many users. However, concrete confirmation of the hack seemed to have come from an unlikely source: Vitalik’s father, Dmitriy “Dima” Buterin. While the deceptive tweet was promptly removed, the aftermath was unsettling, with numerous individuals reporting missing funds from their wallets.

Assessment of the Stolen Assets

Initial estimates suggested losses of about $147,000 in the hour post the hack. However, as investigations delved deeper, blockchain investigator @ZachXBT pinpointed the stolen amount to be a staggering $691,000. This incident yet again underscores the vulnerability even seasoned crypto enthusiasts can face in the rapidly evolving digital landscape.

Post-Hack Dynamics: Buterin’s Silence and Hacker’s Mockery

Interestingly, Buterin, known for his frequent and insightful interactions on Twitter, has maintained silence since the hack. His last activity was a retweet dating back to September 6. In a perplexing turn of events, @ZachZPT highlighted that the hacker seemed to mockingly send a stolen NFT back to Buterin’s wallet, adding insult to injury.

Conclusion

The hacking of Vitalik Buterin’s Twitter account and the subsequent theft is a stern reminder of the lurking dangers in the digital world. As the realm of cryptocurrencies and digital assets grows, so do the threats surrounding them. It is imperative for individuals, especially prominent figures, to bolster their digital security measures. This incident serves as a wake-up call to the community, emphasizing the need for heightened vigilance, improved security protocols, and constant awareness in the unpredictable world of cryptocurrencies.


Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.
spot_imgspot_imgspot_imgspot_img

Latest News

Analyst Forecasts Monumental Breakout for Dogecoin (DOGE): A Crypto Market Game-Changer

In a recent development, Dogecoin (DOGE), the largest...

Bitcoin (BTC) Strengthens Amidst Dollar Weakness and Fed Decisions: Crypto Market Analysis, May 3, 2024

Global FX Market Summary: Dollar Weakness, Fed, Euro May...

Massive $21 Million XRP (Ripple) Transfer to Binance Sparks Market Speculation

In a recent development, over $21 million worth...

Bitcoin (BTC) Price Surge Wipes Out $100 Million in Crypto Shorts: A Market Rebound

Bitcoin's value is on the rise again, causing...

Bitcoin (BTC) Analyst Predicts Initial Drop Followed by Price Surge: Reveals Key Targets

Bitcoin, the leading cryptocurrency, has been experiencing a...
spot_imgspot_imgspot_imgspot_img

PRO Analysis

Bitcoin (BTC) Strengthens Amidst Dollar Weakness and Fed Decisions: Crypto Market Analysis, May 3, 2024

Global FX Market Summary: Dollar Weakness, Fed, Euro May...

Unveiling Ethereum’s (ETH) Market Trends: Expert Technical Analysis Insights for May 3, 2024

Ethereum Technical Analysis Report 3 May, 2024 Ethereum cryptocurrency...

Bitcoin (BTC) On-Chain Data Signals Robust Recovery: Key Metrics Analysis

Bitcoin's on-chain metrics suggest a potential recovery following...

Day Two Data Reveals Performance of Hong Kong’s Bitcoin ETFs: An In-Depth Analysis (BTC)

Hong Kong's Bitcoin exchange-traded funds (ETFs) experienced a...

Critical Data Analysis: Tense Moments for Bitcoin (BTC) and Ethereum (ETH) in the Crypto Market

Bitcoin and Ether options contracts worth $2.4 billion...
Sheila Belson
Sheila Belsonhttps://en.coinotag.com
Sheila Belson is a 20-year-old financial content editor who ventured into the realm of cryptocurrencies in 2023. Enthralled by the innovative world of non-fungible tokens (NFTs), she harbours a profound affection for Ethereum. With a sharp eye for detail, Sheila skillfully navigates the dynamic crypto landscape, continuously seeking to enrich her understanding and share her passion through engaging and insightful content.
spot_imgspot_imgspot_imgspot_img

Analyst Forecasts Monumental Breakout for Dogecoin (DOGE): A Crypto Market Game-Changer

In a recent development, Dogecoin (DOGE), the largest dog-themed cryptocurrency by market cap, is predicted to experience an epic breakout, according to crypto...

Bitcoin (BTC) Strengthens Amidst Dollar Weakness and Fed Decisions: Crypto Market Analysis, May 3, 2024

Global FX Market Summary: Dollar Weakness, Fed, Euro May 3, 2024 Weak US jobs data triggers USD sell-off as investors anticipate slower Fed rate...

Massive $21 Million XRP (Ripple) Transfer to Binance Sparks Market Speculation

In a recent development, over $21 million worth of XRP has been transferred to popular crypto exchange Binance, sparking speculation within the XRP...