Bitcoin

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 Hackers have stolen over $400,000 from unsuspecting users after posting a phishing message on MicroStrategy’s compromised X account.
 The X account of the investment company, whose co-founder is Bitcoin bull Michael Saylor, was hacked on February 26. The hackers posted a fake message of an $MSTR token airdrop.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 there was a second best after all
 (hacked acc if not obvious lol) pic.twitter.com/cdLqbqiiCO
 — Spreek (@spreekaway) February 26, 2024
 </blockquote>
 
 Users following the malicious link to claim the “$MSTR token” were redirected to a fake MicroStrategy website. They then received a prompt to connect their crypto wallets and grant permissions.
 According to blockchain sleuth ZachXBT, over $440,000 has been stolen in the campaign.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 0xe7645b8672b28a17dd0d650a5bf89539c9aa28da
 ~$440K stolen from the compromise so far
 — ZachXBT (@zachxbt) February 26, 2024
 </blockquote>
 
 MicroStrategy appears to have regained control of their X account and deleted the fake message.
 <h2 id="one-user-loses-over-420k-after-microstrategy-attack">One User Loses Over $420K After MicroStrategy Attack</h2>
 One victim reportedly lost more than $420,000 following the hack and drained multiple altcoins from the wallet address a few minutes after posting the phishing message.
 In one of the transactions, the attacker transferred the stolen tokens to a wallet address controlled by a hacker group known as PinkDrainer.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 someone lost $424,786 worth of $wBAI, $wPOKT, and $CHEX to phishing scams about 5 minutes ago. pic.twitter.com/GEJvHEXuM7
 — Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) February 26, 2024
 </blockquote>
 
 The hackers’ wallet was holding $192K worth of Ether at 06:23 EST, according to Etherscan.
 Phishing campaigns are common in the crypto industry. However, some crypto users on X have said this particular phishing attack was so obvious because it’s incredibly unlikely that Bitcoin bull Michael would launch a crypto token on Ethereum.
 MicroStrategy holds over $9 billion worth of Bitcoin.
 <h3 id="also-read">Also Read:</h3>
 <ul>
 <li>MicroStrategy’s Profit On Massive Bitcoin Stash Hits $4 Billion After BTC’s 21% Surge In A Month</li>
 <li>Bitcoin Price Prediction: BTC Surges 23% In A Month, But Analysts Say This Bitcoin Cloud Mining Token Might 10X</li>
 <li>MicroStrategy Buys $37 Million More Bitcoin, Bringing Total To $8.1 Billion, As Michael Saylor Says BTC Is Now ”Institutional-Grade Asset”</li>
 </ul>
 Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/hacked-microstrategy-account-on-social-media-platform-x-leads-to-440-000-in-losses-tbt80834.html">https://thebittimes.com/hacked-microstrategy-account-on-social-media-platform-x-leads-to-440-000-in-losses-tbt80834.html</a>
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Hacked Microstrategy Account On Social Media Platform X Leads To $440,000 In Losses

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