Algorand

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 <p>The X social media account of the Algorand Foundation’s chief executive has been hacked, marking the third major exploit of crypto-related X accounts this month.</p>
 <p>In a new thread, the firm behind smart contract platform Algorand (ALGO) has announced that the X account of Staci Warden, the company’s CEO, has been hacked and warns against interacting with it.</p>
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 <p><em>“[Staci Warden’s] account has been compromised. Please do not click on any links on her account or respond to DMs (direct messages). We are in the process of recovering it.” </em></p>
 <p>Some of the hacker’s messages include a reposted link to a recording titled “puppets ruined Bitcoin” and one that falsely claims Warden has been fired from Algorand and lost her affiliates.</p>
 <p>The hacking of Warden’s account marks the third time in January that bad actors went after the social media accounts of crypto executives or regulators.</p>
 <p>On January 9th, an exploiter gained access to the X account of the U.S. Securities and Exchange Commission (SEC), falsely claiming at the time that the regulatory agency had approved spot market Bitcoin (BTC) exchange-traded funds.</p>
 <p>Furthermore, on January 18th, a hacker took over the X account of supply chain-focused blockchain VeChain (VET) to promote a fake giveaway, asking traders to send between 100,000 and 5,000,000 VET to an “official contribution address.”</p>
 <p>News of the hack didn’t appear to have an impact on the price of ALGO as the digital asset is trading for $0.167 at time of writing, a 4.2% gain during the last 24 hours.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/algorand-foundation-ceo-s-x-account-compromised-as-spree-of-crypto-social-media-hacks-continue-tbt77977.html">https://thebittimes.com/algorand-foundation-ceo-s-x-account-compromised-as-spree-of-crypto-social-media-hacks-continue-tbt77977.html</a></p>

Algorand Foundation CEO’s X Account Compromised As Spree of Crypto Social Media Hacks Continue

TheBitTimes

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