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    Home»News»Vitalik Buterin Twitter Account Hacked, Loses More Than $691,000
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    Vitalik Buterin Twitter Account Hacked, Loses More Than $691,000

    Anietie DavidBy Anietie DavidSeptember 11, 2023Updated:September 11, 2023No Comments2 Mins Read
    Vitalik Buterin Twitter Account Hacked, Loses More Than $691,000
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    Vitalik Buterin, one of the co-founders of Ethereum, fell victim to a malicious hack of his X (formerly Twitter) account. This breach, uncovered by blockchain investigator ZachXBT, has left a trail of devastation with victims collectively losing more than $691,000 after unwittingly clicking on a deceptive link.

    On September 9, Dmitry Buterin, Vitalik Buterin’s father, took to X to announce the breach of his son’s Twitter account. The initial post that raised the alarm has since been deleted, but it claimed to celebrate the upcoming “Proto-Danksharding” upgrade for Ethereum.

    Disregard this post, apparently Vitalik has been hacked. He is working on restoring access. https://t.co/2fjM0GhvIa

    — dima.eth (@BlockGeekDima) September 9, 2023

    The hacker behind this scheme enticed unsuspecting victims with a link promising a free commemorative nonfungible token (NFT). To claim the token, users were required to connect their wallets, only to find that their funds were promptly stolen.

    CryptoPunk NFT Collection Takes a Hit

    The repercussions of this incident have rippled through the crypto community. Ethereum developer Bok Khoo, known as Bokky Poobah on X, disclosed that he suffered significant losses in his CryptoPunk NFT collection.

    WARNING! I JUST LOST A FEW PUNKS!

    DON'T INTERACT! pic.twitter.com/lS4VvlHdVa

    — luckytimes.eth beautifuldaytobealive.eth (@BokkyPooBah) September 9, 2023

    At the time of reporting, the current floor price for a CryptoPunk NFT stands at 46.99 Ether, equivalent to approximately $76,837. This underscores the magnitude of the losses experienced by victims.

    ZachXBT, the vigilant investigator, has been diligently informing his 438,200 followers about the hacker’s nefarious activities. He recently revealed that the most valuable NFT stolen thus far is CryptoPunk #3983, valued at 153.62 ETH or approximately $250,543.

    rip pic.twitter.com/2rYrXq0mnP

    — ZachXBT (@zachxbt) September 9, 2023

    Debate Over Security Measures with Vitalik Buterin

    In the aftermath of this incident, questions have arisen regarding Vitalik Buterin’s security measures for his X account. A user with the alias Satoshi 767 suggested that insufficient security measures may have exposed Buterin to the hack, referencing SIM-swap attacks as a “common mistake” among crypto project founders.

    However, ZachXBT challenged these allegations, emphasizing that Vitalik’s high-profile status makes him a prime target for a variety of hacking attempts.

    you do not know yet whether it was a SIM swap. Vitalik is a big enough target to where an insider could have been paid off or panel was used.

    — ZachXBT (@zachxbt) September 10, 2023

    This high-profile breach serves as a stark reminder of the persistent threats faced by crypto leaders and the need for robust security measures in the digital age. As the investigation unfolds, the crypto community anxiously awaits further developments in this evolving saga.

    Featured Hack Twitter Vitalik Buterin
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    Anietie David

    Anietie has worked in the blockchain industry for three years, gaining experience in blockchain technology, cryptocurrencies, DeFi, and NFTs. As a seasoned content writer, he is passionate about creating effective content strategies for blockchain brands. In addition to content writing, he also has a strong interest in front-end development. When he's not working, he spends his time reading horror novels or playing CODM.

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