Hacker Targets Vitalik Buterin’s X Account, Swindles $691,000 from Users

Ethereum creator Vitalik Buterin’s X account has reportedly been hacked, resulting in the theft of $691,000 from unsuspecting users who clicked on a corrupted link shared on his feed. 

The breach was initially detected on Saturday, when a questionable post surfaced on Buterin’s Twitter account, announcing the launch of commemorative non-fungible tokens (NFTs) by Consensys, a software provider. The malicious link, visible to Buterin’s 4.9 million followers, lured victims into connecting their wallets for NFT minting, but instead, it allowed the hacker to siphon their funds.

The hack was first confirmed by Buterin’s father, Dmitriy “Dima” Buterin, who said that the Ethereum creator is working on restoring access.

Several victims reported losing access to their wallet funds. Within hours, the hacker managed to drain over $147,000, which later escalated to a total of $691,000, as per blockchain investigator @ZachXBT.

In related news, users on the crypto gambling site Stake.com lost $41.3 million worth of funds on September 4. The hack, it appears, was the result of a compromised private key.


Information for this story was found via X, Decrypt, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

What Happens If Silver Finally Breaks $50? | Gary Thompson – Silver47

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

X Verification Will Soon Need A Government ID and A Selfie

X, formerly Twitter, appears to be in the process of implementing a new method to...

Monday, August 21, 2023, 12:51:00 PM

Elon Musk Secures $46.5 Billion In Commitments For Potential Twitter Acquisition

Elon Musk is evidently looking to proceed to some degree with his proposed purchase of...

Thursday, April 21, 2022, 10:43:00 AM

Music Publishers Representing Taylor Swift, Beyoncé Vs. Elon Musk’s Twitter: “Rampant Copyright Infringement”

A group of music publishers, representing iconic artists like Taylor Swift and Beyoncé, has launched...

Thursday, June 15, 2023, 02:58:00 PM

Jack Dorsey: The Last Co-Founder To Leave Twitter

Former Twitter (NYSE: TWTR) CEO Jack Dorsey has stepped down from the company’s board, making...

Thursday, May 26, 2022, 10:53:00 AM

The Astronomical Outlook For Twitter According To Elon Musk: 500% Revenue Increase, Ad Revenue Cuts, Secret Project X

Tesla CEO Elon Musk bared his growth plans for Twitter (NYSE: TWTR) he plans to...

Monday, May 9, 2022, 09:34:00 AM