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Vitalik Buterin Falls Victim to Hack: Lessons in Blockchain Security

No one is immune to a hack, not even the creator of one of the most important blockchains in the cryptocurrency market. Indeed, on the night of Saturday to Sunday, the famous creator of the Ethereum blockchain, Vitalik Buterin, had his account X, formerly Twitter, hacked by malicious individuals.

Vitalik Buterin gets his account X hacked

While North Korea is under great scrutiny following several studies demonstrating its prominent role in various crypto hacks, this event is certainly not of the same magnitude.

However, far from being an isolated case, this latest hack strongly reminds us that caution must be the mother of safety in the blockchain and cryptocurrency ecosystem.

Specifically, the hackers used Vitalik’s account to share a collection of NFTs in honor of the upcoming Ethereum update implementing proto-danksharding.

Knowing that the jig would be up quickly, the hackers urged users to rush to get these NFTs by explaining that they were only available for 24 hours.

Thus, thanks to the natural trust placed in Vitalik’s account, his community did not suspect that they were simply being led to a phishing site. Moreover, such a celebration had already been conducted in the past by Consensys.

Consequently, many people flocked to these NFTs. Just minutes after the post, ZachXBT alerted his community about Vitalik’s hack, but over $700,000 had already been stolen by the hackers.

For now, it is still unknown who is behind the attack on Vitalik’s account. However, while suspicions have been quickly raised, we will have to wait for the results of the investigations to truly determine the perpetrators.

In the meantime, we advise you to always pay attention to the URLs of the websites you click on, but also carefully check if the authors of the tweets do not appear compromised.

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