Ethereum

Ethereum co-founder, Vitalik Buterin, has recently regained control of his T-Mobile account and confirmed that a SIM-swap attack led to the recent hack of his X account.<figure id="attachment_23936" style="width: 100%" class="wp-caption alignnone"><img class="wp-image-23936 size-full" src="https://crypto.ro/en/wp-content/uploads/2023/09/Vitalik-Buterin-confirms-how-his-X-account-was-accessed-by-hackers.webp" alt="Vitalik Buterin confirms how his X account was accessed by hackers" width="761" height="176" title="SIM-swap attack confirmed as cause of Vitalik Buterin's X account hack 19"><figcaption id="caption-attachment-23936" class="wp-caption-text"> Vitalik Buterin confirms how his X account was accessed by hackers </figcaption></figure>Buterin revealed details of the incident on the <a href="https://crypto.ro/en/dictionary/decentralized-social-media/" rel="noopener noreferrer nofollow">decentralized social media network</a>, Farcaster, on September 12. He explained how the hacker managed to gain control over his mobile number through a SIM-swap attack—an increasingly common cybercrime technique.The hacker subsequently gained access to his X account, exploiting the fact that a phone number can reset a Twitter password even if it’s not used for <a href="https://crypto.ro/en/dictionary/2fa-two-factor-authentication/" rel="noopener noreferrer nofollow">two-factor authentication (2FA)</a>.<a href="https://crypto.ro/en/news/vitalik-buterin-ethereum-co-founder-transfers-1million-in-eth-to-coinbase/" rel="noopener noreferrer nofollow">The Ethereum co-founder</a> shared his experience and lessons learned from the incident. He highlighted the vulnerability associated with linking a phone number to a X account and advised users to remove their phone numbers from their X accounts completely.The incident, which transpired on September 9, saw the scammers taking control of Buterin’s account to post a fraudulent NFT giveaway that lured users into clicking a malicious link. This scheme led to a collective loss of over $691,000 for the victims who fell for the scam.This is not an isolated incident involving T-Mobile in SIM-swap attacks. The telecom giant faced legal actions in 2020 and 2021 for allegedly facilitating the theft of millions in cryptocurrency through similar attacks.

SIM-swap attack confirmed as cause of Vitalik Buterin’s X account hack

crypto.ro global

Other articles published on Sep 12, 2023

Bitcoin Cash Gains Momentum While BTC and ETH Struggle

MarsDAO Ecosystem — August Digest

Is Bitcoin’s Long-Term Upward Slope a Road to $200,000?

Particle Network Launches V2 of Its Intent-Centric Modular Access Layer of Web3 (12 Sep)

Odds of Pepe bidding farewell to the top 100 crypto club

G20 Nations Reach Consensus on Global Crypto Framework

Join our free newsletter for daily crypto updates!