Bitcoin

<ul class="news-points"> 
 <li>MicroStrategy’s official X account fell victim to a malicious exploit.&nbsp;</li> 
 <li>The hack resulted in losses exceeding $440,000, ZachXBT revealed.</li> 
 <li>ZachXBT and Scam Sniffer collaborated to unveil the extent of the losses.</li> 
</ul> 
Business intelligence firm <a href="https://coinedition.com/tag/MicroStrategy/">MicroStrategy</a> fell victim to a malicious hacking incident, leading to losses exceeding $440,000. The breach occurred through MicroStrategy’s X account, where hackers posted deceptive links promoting a fraudulent airdrop of an alleged “official” Ethereum-based MSTR token. 
The phishing scam <a href="https://twitter.com/zachxbt/status/1761920023441060272" target="_blank" rel="nofollow">enticed</a> users to click on the malicious links, redirecting them to a counterfeit MicroStrategy webpage. Once there, users are prompted to connect their Web3 wallets to claim the fake $MSTR airdrop. The innocent victims accepted the permissions on the counterfeit page which allowed attackers to automatically drain tokens from the users’ wallets. 
Independent blockchain investigator ZachXBT and anti-scam platform Scam Sniffer <a href="https://twitter.com/realScamSniffer/status/1761916915239530831" target="_blank" rel="nofollow">collaborated</a> to unveil the extent of the losses. According to their findings, losses from the scam have already surpassed $440,000. Notably, a single user suffered a substantial loss of $424,786 to the phishing scam,…
The post <a href="https://coinedition.com/bitcoin-price-drops-with-microstrategys-x-account-exploit/">Bitcoin Price Drops With MicroStrategy’s X Account Exploit</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Bitcoin Price Drops With MicroStrategy’s X Account Exploit

Coin Edition

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