NEAR Protocol

<p>On September 4, NEAR <a href="https://x.com/NEARProtocol/status/1831457196531745013" rel="noopener noreferrer nofollow">Protocol’s X</a> account was compromised in a cyberattack. Around 14:25 EST, the account was taken over by an unknown hacker, who posted several messages aimed at discrediting NEAR and the broader Web3 ecosystem. One particular focus of these messages was the upcoming flagship event in Bangkok, scheduled for November. The messages seemed to be an attempt to dissuade users from participating.</p><h2 id="header-0">Hacker Video and Messages</h2><p>Alongside the written posts, a video was released on the compromised account. The hacker, using a sarcastic tone, mocked the idea of Web3 and cryptocurrency. The hacker suggested that traditional financial systems, like banks, were more reliable than decentralized alternatives like <a href="https://cryptotale.org/ltc-eyes-101-as-near-faces-4-50-resistance-whats-next/" rel="noopener noreferrer nofollow">NEAR</a>, Solana, and Ethereum.</p><p></p><p>Additionally, the hacker ridiculed the upcoming event in November, advising users to &#34;save their money,&#34;  claiming they were a waste of time and resources. The hacker also suggested that financial systems like those supported by companies such as Apple and Amazon were far superior to blockchain technology. The identity of the hacker is still unknown. However, some speculation points to a hacker known as “Four Chan,” though this is yet to be confirmed.</p><h2 id="header-1">NEAR&#39;s Response and Security Assessment</h2><p>NEAR Protocol’s security team, led by IT security expert Mike Rotch, conducted a thorough review. Their investigation revealed that the hack was an isolated incident. Fortunately, no phishing attempts or malicious links were found targeting NEAR community members.</p><p><a href="https://cryptotale.org/near-protocols-x-account-hack-community-security-update/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a></p><p><strong>Visit the links for more information </strong><a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|</p>

NEAR Protocol's X Account Hack: Community & Security Update

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