Twitter Says Hacker Group Targeted 130 Accounts
Twitter says the group behind the âCrypto for Healthâ hack earlier this week had targeted more than 130 accounts.
- The social media platform said in a thread Friday morning the hackers, who are yet to be identified, gained full control of a âsmall subsetâ of accounts, using them to send tweets asking for bitcoin.
- These included verified accounts for mainstream figures including former President Barack Obama and Teslaâs Elon Musk; crypto personalities Binance CEO Changpeng Zhao and Justin Sun; and companies, including the Coinbase exchange and CoinDesk.
- Users sent more than $125,000 worth of bitcoin by the time Twitter got a handle of the situation and locked down verified accounts.
- Twitter is investigating whether the hacking group accessed non-public data.
- One former employee told The Financial Times the company had lax security protocols, giving full administrative control to hundreds of engineers.
- Hackers hijacked Twitter twice in 2009; at the time, the Federal Trade Commission criticized the company for âserious lapses in data security.â
- Some U.S. lawmakers have been airing their concerns over the latest breach, citing the damage that might have occurred if President Trumpâs account had been hacked.
- Mastercard Now Allows Crypto Firm Wirex to Issue Payment Cards
- Canada Crypto Exchange Coinsquare Accused of Wash Trading by Watchdog
- Wanted Wirecard Exec Said to Be Sheltered by Secret Service in Russia
- Crypto Long & Short: Why the Twitter Hack Was Good for Bitcoin (and Itâs Not the Media Attention)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.