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Ethereum Co-Founder's Account Hack Results in $691k Losses: CryptoPunk NFTs Also Affected

Algoine News
Summary:
Vitalik Buterin, co-founder of Ethereum, had his X account compromised, resulting in victims losing over $691,000 through malicious links. An ongoing investigation reveals the unauthorized withdrawal of funds from Buterin's followers, while a user on platform X claims losses to their CryptoPunk NFT collection. Stay tuned for updates on this developing story.
Vitalik Buterin, one of the co-founders of Ethereum, experienced a security breach on his X account, formerly known as Twitter. Reports on social media suggest that this hack resulted in victims losing more than $691,000 by falling for malicious links. In a recent post on X, Dmitry Buterin, Vitalik Buterin's father, announced the compromise of his son's account, stating that Vitalik is currently working on regaining access. ZachXBT, a blockchain investigator, has been actively informing his 438,200 followers about the actions of the hacker, which have led to the unauthorized withdrawal of $691,000 from the followers of Buterin through deceptive links. An additional 33% fee was drained to the hacker's address. As a consequence, a user on the X platform has claimed to have suffered losses to their valuable CryptoPunk NFT collection. Currently, the minimum price for a CryptoPunk NFT is estimated to be 46.99 Ethereum (ETH), equivalent to approximately $76,837. Please note that this is an ongoing situation, and more details will be provided as they unfold.

Published At

9/10/2023 1:02:44 AM

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