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    A visual representation of the cryptocurrency bitcoin.S3studio | Getty Images GUANGZHOU, China — China's Inner Mongolia region plans to ban new cryptocurrency mining projects and shut down existing activity in a bid to cut down on energy-consumption. Bitcoin is based on a decentralized network, which means it's not issued by a single entity like a central bank. Transactions, recorded on a public ledger called the blockchain, need to be "verified" by miners. These miners run purpose-built computers to solve complex mathematical puzzles that effectively allow a bitcoin transaction to happen. The miners receive bitcoin as a reward and that is the incentive. But because the computers are high-powered, they consume a lot of energy. Bitcoin mining consumes an estimated 128.84 terrawatt-hour per year of energy — more than entire countries such as Ukraine and Argentina, according to the Cambridge Bitcoin Electricity Consumption Index, a project of the University of Cambridge....
    Florida teen Graham Ivan Clark, 18, is weighing a plea deal in the Twitter hack case A Florida teen accused of masterminding the hijacking of dozens of celebrity Twitter accounts has been offered a plea deal that offers 'youthful offender' sentencing consideration, his attorney said. Graham Ivan Clark has been held in a Tampa jail in lieu of a $750,000 bail since his arrest in July, and turned 18 behind bars. He faces 30 felony charges that are being prosecuted in state court. At a hearing on Wednesday, Clark's attorney David Weisbrod said he would need time to determine whether to accept a plea deal offered by prosecutors, but did not reveal the terms of the proposed deal, according to the Tampa Bay Times. In Florida, defendants under the age of 21 may qualify for youthful offender status. Clark was charged in state court because the state law also allows...
    There are now as many as 100,000 people who have $1 million or more stashed in bitcoin, according to the cryptocurrency data-tracking firm bitinfocharts. That's up from just 25,000 bitcoin millionaires three months ago. A year ago, there were about 15,000 millionaire bitcoin accounts. The biggest reason has to do with the highly volatile price of bitcoin, which has soared recently, in part because Tesla, Elon Musk's car company, last month said it had bought $1.5 billion in bitcoin. The move suggests that other companies might also decide to move more of their idle cash into bitcoin. The price of a bitcoin topped $50,000 earlier this month, and hit a high of just over $58,000 on Sunday. That price jump is what led to the six-figure bitcoin club likely reaching seven figures for the first time in the past week, reports bitinfocharts. Twitter accounts targeted in bitcoin scam 03:26...
    The administrator of dark.fail, an anonymous journalist specializing in the Tor Project, whose site provides verified links to darknet markets, reported that exchanges closed accounts that donate bitcoin (BTC) to the service. The manager reported in a tweet, published on January 29, 2021, that exchanges blocked the accounts of two of their bitcoin donors. Through that social network he added: «I am a journalist! I do not commit crimes. Dark.fail believe that this fact is related to the constant criticism he has made against Chainalysis and its KYT (or Know Your Transaction) blockchain monitoring system. In a text written on the social network he adds: «last year I expressed strong opposition to the analysis system of this blockchain. In return, my address was dialed. This is pure evil. dark.fail maintains that the blocks were in retaliation for its opposition to some blockchain analytics methods. Source: dark.fail / twitter.com ...
    LondonBritish police said on Tuesday they had arrested eight people as part of an investigation into the SIM-swapping hijacking of US celebrities' phones.Britain's National Crime Agency (NCA) said sports stars, musicians and their families had been targeted by the scam in which criminals gain access to their victim's phones or accounts.One man lost his life savings in a SIM hack. Heres how you can try to protect yourselfThis allowed them to steal money, bitcoin and personal information, as well as hack their victims' social media accounts to post content and messages, the NCA said.The investigation, which involved the US Secret Service and the Federal Bureau of Investigation (FBI), discovered a network operating in Britain. The British police said eight suspects, aged between 18 and 26, had been arrested in England and Scotland."This network targeted a large number of victims in the US and regularly attacked those they believed would be...
    LONDON (Reuters) - British police said on Tuesday they had arrested eight people as part of an investigation into the SIM-swapping hijacking of U.S. celebrities' phones. Britain's National Crime Agency (NCA) said sports stars, musicians and their families had been targeted by the scam in which criminals gain access to their victim's phones or accounts. This allowed them to steal money, bitcoin and personal information, as well as hack their victims' social media accounts to post content and messages, the NCA said. The investigation, which involved the U.S. Secret Service and the Federal Bureau of Investigation (FBI), discovered a network operating in Britain. The British police said eight suspects, aged between 18 and 26, had been arrested in England and Scotland. "This network targeted a large number of victims in the U.S. and regularly attacked those they believed would be lucrative targets, such as famous sports stars and musicians," said...
    The relationship between Elon Musk and Bitcoin has always been as symbiotic as it is strange, almost like a meme. However, the matter has begun to take on an important turn. So much so that it has gone from being Elon’s simple topic of conversation on Twitter to a future investment by Tesla. In this direction, Tesla has announced a multi-million dollar investment in Bitcoin as a long-term asset. He has also confirmed that he will start accept this cryptocurrency as a payment method. Investment in Bitcoin and accepted as a payment method by Tesla The idea behind Tesla’s investment in Bitcoin has to do with his diversification strategy for your assets, with the intention of obtaining long-term capital returns. In his document to the SEC, he figures the investment in $ 1.5 billion in assets on Bitcoin. But there are more interesting things. The company will start accept payments...
    Some cryptocurrency traders found themselves unable to access their money and cash in on the recent bitcoin boom as the most popular cryptocurrency exchange in Britain froze their funds for over a month without explanation. Dozens of customers of San Francisco-based Coinbase, which lets users buy, sell and store cryptocurrencies like bitcoin and ripple, complained of being left 'totally in the dark' after accounts began being frozen as long ago as late October. They were told they needed to re-upload a driving licence or passport documents to verify their identity, even if they had already done so, but were subsequently told their account 'was under review'. Some customers of Coinbase were locked out of their accounts without explanation from the end of October onwards This left them completely frozen out without explanation, unable to buy or sell cryptocurrencies on the exchange or withdraw their funds, while many reported being...
    Bitcoin coins mostly held by whales Bitcoin (BTC), the people’s currency? Not that much, according to information reported by Bloomberg. Flipside Cryptos researchers have indeed determined that 2% of Bitcoin addresses now control the vast majority of parts: 95% in total. The price of Bitcoin has tended to rise since this summer, which has concentrated the coins in few hands, as can be seen in the following chart: ???? Read our guide on how to buy bitcoin (BTC) Discover BTC on Binance » A risk for the price of BTC? Concentrating a large part of the assets in a few hands can present a risk: that to easily unbalance the course. If the bigger Bitcoin whales choose to sell at the same time, or if only some of the bigger addresses do, it could screw up the price of the asset. A...
    A scammer portraying Elon Musk was attempting to trick users into handing over cryptocurrency in the reply section of Donald Trump's tweets. The verified account surfaced online Wednesday with the display name ‘Elon Musk,’ and replied to Trump’s tweets discussing the presidential election. The fraudulent tweet states the election is almost decided and to celebrate, he is doing a giveaway, which shows a link to ‘musk-coins.com.’ Mashable first spotted the scam, which found the link redirects users to a site that asks for bitcoins in exchange for a larger return. The cybercriminal has since changed their Twitter name and removed the website, but not before raking in $32,000 worth of bitcoin and over $6,000 in ether. A scammer portraying Elon Musk was spotted in the reply section of Donald Trump's tweets attempting to trick users into handing over cryptocurrency. The verified account surfaced online Wednesday with the display name...
    The 'Twitter hack' in July, that let criminals access famous accounts, was caused after home working employees were tricked into handing over their login details.   Verified accounts belonging to users such as Elon Musk, Apple and Joe Biden were used to share scam posts promoting the virtual currency Bitcoin during the hack. Home working Twitter staff logged into the company network using a virtual private network (VPN) that lets you access work systems securely when out of the office.   Hackers got hold of the phone numbers of Twitter staff and pretended to be from the company IT department - telling them to enter their VPN login to a fake page. The criminals were then able to use these login details to get access to the real VPN site and finally into the full Twitter network where they could post as a verified user.  Twitter CEO Jack Dorsey is seen...
    The investigation following the vast Bitcoin scam campaign launched in July on Twitter is progressing in the United States. Police announced the arrest of three suspects suspected of hacking Twitter and 130 social network accounts. In July, Warren Buffet, the crypto-skeptical investor, momentarily turned into a staunch supporter of Bitcoin. This unexpected rally was, however, the consequence of the hacking of his Twitter account. A total of 130 very popular accounts, including those of Elon Musk and Barack Obama, had been compromised following the spectacular Twitter hack. This intrusion allowed the attackers to broadcast a free Bitcoin scam campaign. Bad publicity for Twitter and the crypto industry This bad publicity for the cryptocurrency industry naturally triggered an investigation by authorities, including the FBI in the United States. And the first arrests intervene. They concern three young men, including a minor. The sentences could be heavy...
    Suspended by the British regulator in February, the Internet money transfer service is preparing for its return. But ePayments will no longer offer cryptocurrency and peer-to-peer payments. Last February, the online money transfer platform put its activities on hiatus. ePayments was indeed then sanctioned by the British financial regulator. The latter accused him of breaches of his anti-money laundering measures. Seven months after a forced shutdown, ePayments is therefore preparing its return to the market. However, it gives up switching to several of its flagship services. Thus, the platform will no longer support transfers in crypto-currencies. 20% of transfers on ePayments in crypto-currencies Likewise, peer-to-peer transactions, previously offered, will no longer be in the game. The takeover looks to be complex for ePayments. Indeed, cryptocurrency accounted for around 20% of its business. It is therefore a blow for the company which claimed more than one...
    One of the best-endowed cryptocurrency projects (over $ 600 million in assets), Tezos (XTZ) is done with justice. The foundation puts an end to the collective action which aimed at it by paying 25 million dollars. The Tezos crypto project is undoubtedly one of the richest. In March, he announced that he had more than $ 600 million in assets, mainly crypto-currencies. Its success is due in particular to its initial funding. In 2017, Tezos made a major ICO, a public offering of tokens. In just 13 days, the project raised $ 232 million. But this ICO was also an opportunity to collect some legal concerns. A record ICO in 2017 and legal disputes These should now be a thing of the past. A class action complaint was still against the foundation established in Switzerland. As part of a deal, Tezos offered to compensate the...
    Deep partnership between BitPay and Coinbase BitPay users could already add their Coinbase account to BitPay services. But the payments required a transfer of money, and incurred costs. This is why BitPay has chosen to integrate Coinbase accounts directly, without requiring any side transaction or fees. The feature is unlocked for payments in Bitcoin, Bitcoin Cash, Ether and USD Coin. ???? Also discover our guide: How to spend your bitcoins? A limit of $ 1,000 for now For now, the payment limit is set at $ 1,000, but BitPay specifies that it is intended to be exceeded soon. If your BitPay account was already linked to your Coinbase account, the integration was done automatically: you no longer need to copy and paste to make a peer-to-peer payment. The payment service specifies that this new service is also dstuck on BitPay extension, which is available on Chrome, Brave Browser and...
    WASHINGTON - U.S. authorities have seized millions of dollars and hundreds of virtual currency accounts used to funnel money to al-Qaida, Islamic State (IS) and Hamas’s military wing, the Justice Department announced Thursday. The department said the seizure of the more than 300 cryptocurrency accounts linked to the three groups was the largest of its kind and amounts to a disruption of their ever-changing fundraising methods. “It should not surprise anyone that our enemies use modern technology, social media platforms and cryptocurrency to facilitate their evil and violent agendas,” Attorney General William P. Barr said in a statement. “The Department of Justice will employ all available resources to protect the lives and safety of the American public from terrorist groups.”   The seized accounts belonged to the three terror groups, their unidentified donors and “money transmitters” operating on virtual currency exchanges around the world, according to court documents.  More...
    TAMPA, Fla. — The online bond hearing for a Florida teen accused of hacking prominent Twitter accounts was interrupted Wednesday by rap music and pornographic videos from users who apparently disguised their names. The interruptions — including one by a user who shared a screen and took over the hearing with a porn video — forced Hillsborough County Judge Christopher C. Nash to temporarily halt the session for Graham Ivan Clark, 17. Nash reopened the hearing, but the users continued their disruptions. He ultimately declined to lower Clark’s bail, which was set at $725,000 when he was arrested on Friday. Prosecutors allege that Clark was the mastermind of the scheme that hacked accounts of celebrities and politicians, and sent tweets from their accounts seeking payments of Bitcoin, the Tampa Bay Times reported. Clark’s attorney, David Weisbrok, argued it wasn’t reasonable to set bail at six times the amount his client...
    THE virtual bail hearing for the teen cops say was behind the massive Twitter attack was hacked itself — with rap music and raunchy porn videos broadcast into the stream. Graham Ivan Clark, 17, was hit with a slew of charges after he allegedly hijacked the Twitter accounts of famous and prominent people to scam people for Bitcoin money. 5Graham Ivan Clark, 17, is seen here in court on Wednesday Credit: WTSP On Wednesday, Clark appeared in a Florida court via Zoom for a bail hearing, as his lawyers were asking for his bail to be lowered. According to the Tampa Bay Times, his attorneys argued the $725,000 he has to post in order to get out of jail isn’t equivalent to the $117,000 he is said to have made off the scam. But during the hearing, porn videos, rap music, and shrieking came through on screen — prompting the...
    Miami, Aug 4 (EFE) .- The 17-year-old Floridian Graham Clark, one of the three arrested in the case of Twitter accounts hacked on July 15 to personalities such as Barack Obama, Bill Gates and Elon Musk to defraud other people, pleaded not guilty Tuesday, according to court sources. Clark is accused of about thirty charges as the alleged perpetrator of a scam “to people across the country,” said the Florida State Attorney in Hillsborough County (West Coast of Florida), Andrew Warren, last Friday when he was arrested. The hearing was held by teleconference and another is scheduled for tomorrow to deal with bail. According to the Tampa Bay newspaper, the bond is set at $ 725,000, which is six times the amount he allegedly raised with the “hacking” of Twitter accounts ($ 117,000). But to be released before the trial, he will only have to pay 10% of the bail,...
    SLOPPY mistakes like using real photo identification helped federal agents catch the young hackers suspected of taking over several high-profile Twitter accounts last month. Graham Ivan Clark, 17, was arrested Friday in Florida, while Nima Fazeli, 22, and English teen Mason Sheppard, 19, have also been charged in connection with the July 15 hack. 8The young Twitter hackers who raided several high-profile accounts left a sloppy trail of evidence by using their real photo IDs Credit: AP:Associated Press 8Graham Clark, 17, is behind bars for masterminding the July 15 hackCredit: Reuters Investigators were able to link Sheppard and Fazeli to the various Discord accounts involved using their driver's license numbers, which the pair used to verify their cryptocurrency wallets. Clark, who remains behind bars on $725,000 bail, knowingly "accessed a computer, computer system, computer network and electronic devices used by Twitter" months before the attack on May 3, a May...
    The alleged Twitter hackers were reportedly taken down by rival gang who shared a database that led the FBI to the mastermind Florida teen and his two accomplices.  Graham Ivan Clark, 17, was arrested Friday in Tampa. Nima Fazeli, 22, of Orlando, Florida; and Mason Sheppard, 19, of Bognor Regis, U.K. have also been charged in relation to the hack, which took place on July 15.  The scheme commandeered Twitter accounts of prominent politicians, celebrities and technology moguls and scammed people around the globe out of more than $100,000 in Bitcoin. It also saw the men allegedly make thousands by selling people's usernames.  But the accused youngsters were easily traced thanks to a rival group of hackers who had earlier shared a database full of usernames and private messages that then led FBI to the three men, Wired reports.      That information was shared at the beginning at April and acquired by...
    The FBI were able to track down three hackers who pulled off the largest Twitter breach in history because they were 'extremely sloppy' with how they moved their Bitcoin transactions around.  Graham Ivan Clark, 17, of Tampa, Florida; Nima Fazeli, 22, of Orlando, Florida; and Mason Sheppard, 19, of Bognor Regis, U.K. have all be charged in relation to the hack, which took place on July 15.  On that date, the men conspired to hijack Twitter accounts belonging to famous figures and companies - including Barack Obama, Kanye West and Uber -before they posted tweets asking for donations to a Bitcoin wallet.   'I am giving back to my community due to Covid-19. All Bitcoin sent to my address below will be sent back double. If you send $1,000, I will send back $2,000,' the bogus tweets read.  Authorities say that the hackers  netted more than $100,000 in Bitcoin through the illegal...
    By DAVID FISCHER and FRANK BAJAK MIAMI (AP) — A Florida teen was identified Friday as the mastermind of a scheme earlier this month that commandeered Twitter accounts of prominent politicians, celebrities and technology moguls and scammed people around the globe out of more than $100,000 in Bitcoin. Two other men were also charged in the case. Graham Ivan Clark, 17, was arrested Friday in Tampa, where the Hillsborough State Attorney’s Office will prosecute him as an adult. He faces 30 felony charges, according to a news release. Two men accused of benefiting from the hack — Mason Sheppard, 19, of Bognor Regis, U.K., and Nima Fazeli, 22, of Orlando — were charged separately in California federal court. In one of the most high-profile security breaches in recent years, bogus tweets were sent out on July 15 from the accounts of Barack Obama, Joe Biden, Mike Bloomberg and a number...
    On July 15, a Discord user with the handle Kirk#5270 made an enticing proposition. “I work for Twitter,” they said, according to court documents released Friday. “I can claim any name, let me know if you’re trying to work.” It was the beginning of what would, a few hours later, turn into the biggest known Twitter hack of all time. A little over two weeks later, three individuals have been charged in connection with the heists of accounts belonging to Bill Gates, Elon Musk, former US President Barack Obama, Apple, and more—along with nearly $120,000 in bitcoin. Friday afternoon, after an investigation that included the FBI, IRS, and Secret Service, the Department of Justice charged UK resident Mason Sheppard and Nima Fazeli of Orlando, Florida in connection with the Twitter hack. A 17-year-old, Graham Ivan Clark, was charged separately with 30 felonies in Hillsborough County, Florida, including 17 counts of...
    The Department of Justice announced Friday that three individuals have been charged with the massive Twitter hack on July 15 — and the alleged mastermind of the scheme is only 17 years old. Twitter was forced to temporarily suspend the accounts of all verified users during the course of the hack after the hackers took control of the Twitter accounts belonging to numerous famous people and companies and caused those accounts to tweet messages encouraging people to donate Bitcoin to an ostensible charity, but instead funneled the donated Bitcoin to the hackers. The hackers managed to scam people out of well over $100,000 worth of Bitcoin during the brief time before Twitter locked out all verified users. According to WFLA-TV, 17-year-old Graham Clark was arrested by police in Florida and charged by the Hillsborough State's Attorney's Office with 30 state law felonies related to the hack....
    Earlier this month, Twitter suffered the worst security breach in the social media company’s 14-year history — and on Friday, the U.S. Department of Justice announced that three people had been criminally charged for their roles in the hack. One of them still isn’t old enough to vote but is being charged as an adult. The hack was so expertly done that the hackers managed to take over the accounts of former President Barack Obama, former Vice President Joe Biden, Microsoft co-founder Bill Gates and Tesla CEO Elon Musk, among many others. These accounts then tweeted out instructions for viewers to send bitcoin to the hackers. According to a DOJ press release, 19-year-old Mason Sheppard — who is from Bognor Regis in the U.K. — and 22-year-old Orlando, Florida resident Nima Fazeli were both charged in the Northern District of California. Fazeli has been charged with “aiding and abetting the...
    The mastermind behind one of the largest Twitter hacks in history, which targeted high-profile accounts including Elon Musk, Joe Biden and Kanye West, is a 17-year-old kid from Florida, authorities said Friday. Graham Clark of Tampa was arrested early Friday morning and slapped with 30 felony charges for allegedly hacking into the accounts of many prominent users as a part of a sweeping cryptocurrency scam, WFLA reported. Other notable accounts compromised included Barack Obama, Bill Gates, Jeff Bezos, and the corporate account for iPhone maker Apple. The scheme involved stealing the identities of high-profile people on Twitter then directing victims to send Bitcoin to accounts Clark allegedly owned — earning him more than $100,000 in Bitcoin in a single day, Hillsborough County State Attorney Andrew Warren said. Clark is facing one count of organized fraud, 17 counts of communications fraud, one count of fraudulent use of personal information with...
    The mastermind behind one of the largest Twitter hacks in history, which targeted high-profile accounts including Elon Musk, Joe Biden and Kanye West, is a 17-year-old kid from Florida, authorities said Friday. Graham Clark of Tampa was arrested early Friday morning and slapped with 30 felony charges for allegedly hacking into the accounts of many prominent users as a part of a sweeping cryptocurrency scam, WFLA reported. Other notable accounts compromised included Barack Obama, Bill Gates, Jeff Bezos, and the corporate account for iPhone maker Apple. The scheme involved stealing the identities of high-profile people on Twitter then directing victims to send Bitcoin to accounts Clark allegedly owned — earning him more than $100,000 in Bitcoin in a single day, Hillsborough County State Attorney Andrew Warren said. Clark is facing one count of organized fraud, 17 counts of communications fraud, one count of fraudulent use of personal information with over...
    Photo via AdobeA Tampa teen was arrested Friday morning after being accused by the Federal Bureau of Investigation and U.S. Department of Justice to be behind a massive Twitter hacking spree, taking over the accounts of Barack Obama, Jeff Bezos, Elon Musk and more. A local seventeen-year-old, who we won’t name because he’s a minor, was arrested in Tampa and booked into Hillsborough County Jail Friday morning, according to jail records. He now faces 30 felony charges filed against him by Hillsborough State Attorney Andrew Warren in relation to the July 15 incident. The teen is suspected to have stolen the identities of the hacked accounts and scammed followers into sending money to accounts he owned through Bitcoin, leading victims to believe their contribution would be multiplied by those he was impersonating. The teen is thought to have gained access to these accounts by compromising a Twitter employee. The accounts...
    By KELVIN CHAN LONDON (AP) — A Florida teen hacked the Twitter accounts of prominent politicians, celebrities and technology moguls to scam people around globe out of more than $100,000 in Bitcoin, authorities said Friday. The 17-year-old boy was arrested earlier Friday in Tampa, where the Hillsborough State Attorney’s Office will prosecute the case. He faces 30 felony charges, according to a news release. The hacks led to bogus tweets being sent out July 15 from the accounts of Barack Obama, Joe Biden, Mike Bloomberg and a number of tech billionaires including Amazon CEO Jeff Bezos, Microsoft co-founder Bill Gates and Tesla CEO Elon Musk. Celebrities Kanye West and his wife, Kim Kardashian West, were also hacked. The tweets offered to send $2,000 for every $1,000 sent to an anonymous Bitcoin address. Twitter previously said hackers used the phone to fool the social media company’s employees into giving them access....
    Graham Ivan Clark, 17, was arrested on Friday morning in Tampa A teenager in Florida has been arrested and accused of orchestrating a massive Twitter breach earlier this month that affected dozens of high-profile users. Graham Ivan Clark, 17, was arrested on Friday morning in Tampa after a federal investigation zeroed in on him, and faces 30 felony charges that will be prosecuted in state court. The Hillsborough State Attorney's Office called Clark the 'mastermind' of the July 15 breach, which saw famous Twitter accounts hijacked and used to plead for donations of bitcoin to a wallet controlled by the attacker. Authorities say that the hacker behind the attack netted more than $100,000 in bitcoin through the illegal scheme.  'This 'Bit-Con' was designed to steal money from regular Americans all over the country, including right here in Florida,' said Hillsborough State Attorney Andrew Warren. 'This massive fraud was orchestrated...
    TWITTER released an update into the massive bitcoin hack that got billionaire Elon Musk, former US president Barack Obama and others was caused by a “spear phishing attack.” On July 15, hackers posted tweets from several prominent, verified Twitter users’ accounts, falsely claiming that any bitcoin sent to a certain address would be paid back in double. 3Former US President Barack Obama was among the victims on the July 15 Twitter hackCredit: AFP or licensors The scam netted the hackers 400 payments with a total value of $121,000. “The attack on July 15, 2020, targeted a small number of employees through a phone spear phishing attack,” Twitter wrote in an update on the hack. “A successful attack required the attackers to obtain access to both our internal network as well as specific employee credentials that granted them access to our internal support tools. “This attack relied on a significant and...
    Twitter has revealed more details as to how some high profile accounts were hacked earlier this month.  In a statement on its website, the firm revealed a 'spear phishing' attack was used to pilfer the personal details of unsuspecting Twitter staff and contractors.  This involves hackers sending emails that appear to be from a known or trusted sender in order to trick victims into revealing confidential information.  This information was then used to gain access to internal account management tools which gave hackers free rein.   The cyber attack last week saw former US president Barack Obama, Microsoft founder Bill Gates and rapper Kanye West among the high-profile accounts affected. Accounts of Elon Musk, Joe Biden, Jeff Bezos, Kim Kardashian West, Mike Bloomberg, Apple and Uber are also known to have been hit.  Tweets were simultaneously posted promoting a Bitcoin scam which promised followers free money if they transferred funds to a...
    The Twitter hack that compromised prominent users like Joe Biden and Elon Musk was the result of a targeted “phishing attack” against its employees, the company said Thursday. The culprits underwent a “significant and concerted” effort to target specific employees with access to Twitter support tools to successfully takeover 45 accounts, from which they sent bogus tweets asking users to send bitcoins to specific addresses earlier this month. “The attack on July 15, 2020, targeted a small number of employees through a phone spear phishing attack,” Twitter wrote in an update on the hack. “This attack relied on a significant and concerted attempt to mislead certain employees and exploit human vulnerabilities to gain access to our internal systems.” Considered the biggest attack in Twitter’s history, the hack was apparently carried out by four young adult gamers — including a 19-year-old who lives with his mother — as a prank devoid of...
    (CNN Business)Twitter said Thursday night that it has "significantly limited" access to its internal tools after it learned that the high-profile hack earlier this month affecting dozens of major accounts was the result of a phishing attack targeting the phones of a "small number of employees.""This attack relied on a significant and concerted attempt to mislead certain employees and exploit human vulnerabilities to gain access to our internal systems," Twitter said in a tweet.A phishing attack is a type of cyberattack in which hackers try to trick victims into opening malicious emails or links disguised as legitimate web content. Heres what the Twitter hack tells us about potential security risks of working from homeIn addition to clamping down on access to administrative systems, Twitter (TWTR) said it was also accelerating the rollout of "security work streams" that had already been in progress.The July 15 security incident led to the takeover...
    Twitter provided an update about the unprecedented July 15th attack that allowed hackers to tweet from some of the most high-profile accounts on the service, in a blog post and a series of tweets published Thursday evening. Twitter now says that a few employees were targeted in a phone spear phishing attack. While Twitter doesn’t quite say, that presumably means hackers called up Twitter employees while posing as colleagues or members of Twitter’s own security team, and got them to reveal the credentials they use to access internal systems. Twitter had previously said its own tools were compromised in the attack, but up until this point, the company hadn’t specified how that had happened. “This attack relied on a significant and concerted attempt to mislead certain employees and exploit human vulnerabilities to gain access to our internal systems,” Twitter said in a tweet from its support account. By obtaining...
    The popular cryptocurrency has announced the launch of Dai Rewards, a program to reward holders of Dai cryptocurrency. In a blog post, Coinbase stated that the program Dai Rewards was available to its users based in the United States, France, Netherlands, Spain, United Kingdom and Australia. With Dai Rewards, the Californian crypto-broker rewards holders of Dai (DAI) with an annual percentage return of 2%. Eligible customers will start earning rewards automatically once they have $ 1 of Dai in their Coinbase accounts. The initial rewards will be distributed within five business days and then every subsequent day, meaning customers can redeem or withdraw their rewards as soon as they receive them. Customers always remain in control of their funds – their Dai remains in their accounts and can be withdrawn instantly at any time. To get started with Dai Rewards, customers can simply buy Dai on Coinbase or send...
    More than a thousand Twitter employees had access to the tools that allowed hackers to gain access to the accounts of Barack Obama, Bill Gates, Elon Musk and others during a massive security breach last week. The hack, which Twitter over the weekend said was made possible when the attackers “manipulated a small number of employees and used their credentials” to log in and turn over access to 45 accounts, could have been much worse, a former employee at the social network told Reuters. Even Twitter contractors at companies like Cognizant — which provides IT services — had the power to take over the most popular accounts on the site, according to the report . Twitter declined to comment on that figure and would not say whether the number declined before the hack or since. The company is looking for a new security head, working to better secure its...
    Twitter has admitted in a recent post that of the 130 Twitter accounts targeted in a recent hack, at least 36 accounts had their private messages accessed by hackers, including the account of an elected official in the Netherlands. Breitbart News recently reported that the social media platform Twitter says it is “embarrassed” by a recent hack that saw 130 accounts affected and multiple high-profile accounts used to promote a Bitcoin scam. Hackers were reportedly able to reset the passwords of 45 of the hacked accounts. The company said that it would be reaching out to the affected accounts, some of which include Democratic Presidential candidate Joe Biden, Former President Barack Obama, Amazon CEO Jeff Bezos, Tesla CEO Elon Musk, Microsoft founder Bill Gates, and the official accounts of ridesharing service Uber and tech giant Apple. It has been estimated that the hackers managed to generate around $100,000 from the Bitcoin scams which...
    The Twitter hackers who took over prominent accounts in an apparent bitcoin scam last week gained access to the direct messages of 36 of the 130 users targeted in the attack, the company said Wednesday. The hackers pried control from accounts for Joe Biden, Elon Musk and tech companies like Apple and Uber — using their platforms to post fraudulent tweets asking for bitcoin. Of those victims who had their direct messages accessed, only one was a politician — an official in the Netherlands, the company said after completing a review of targeted accounts. “To date, we have no indication that any other former or current elected official had their DMs accessed,” the company tweeted from its Support account. “We are communicating directly with any impacted account owners, and will share updates here when we have them,” it continued The hack resulted in more than 400 payments worth $121,000 pouring...
    The Twitter hackers who took over prominent accounts in an apparent bitcoin scam last week gained access to the direct messages of 36 of the 130 users targeted in the attack, the company said Wednesday. The hackers pried control from accounts for Joe Biden, Elon Musk and tech companies like Apple and Uber — using their platforms to post fraudulent tweets asking for bitcoin. Of those victims who had their direct messages accessed, only one was a politician — an official in the Netherlands, the company said after completing a review of targeted accounts. “To date, we have no indication that any other former or current elected official had their DMs accessed,” the company tweeted from its Support account. “We are communicating directly with any impacted account owners, and will share updates here when we have them,” it continued The hack resulted in more than 400 payments worth $121,000 pouring into...
    A hack of high-profile celebrities and public figures tricked at least 1,100 people into sending bitcoin to an unknown hacker. According to Coinbase, a popular cryptocurrency exchange in which people buy and trade digital currency, the company prevented about 1,100 people from sending $280,000 worth of bitcoin to fraudulent accounts. Last week, 130 accounts of high-profile public figures like Elon Musk, Barack Obama, Bill Gates, and Apple were hacked in an attempt to solicit bitcoin from the figures' many followers.  Coinbase says that it stopped 1,100 people from sending bitcoin to scammers after a hack on 130 Twitter accounts of figures like Barack Obama, Elon Musk, and Joe Biden (stock) The scam offered to return $2,000 for every $1,000 sent to a linked Bitcoin address.  While Coinbase reportedly began suspending accounts within minutes of when the scam tweets were posted to Twitter, about 14 users sent $3,000 in bitcoin...
    The cryptocurrency exchange Coinbase said that it stopped around 1,100 customers from sending bitcoin to hackers who gained access to high-profile Twitter accounts last week. Last Wednesday, over 100 Twitter accounts, some belonging to major companies like Apple and high-profile people like Vice President Joe Biden and Bill Gates, were hacked as part of a massive coordinated bitcoin scam. According to Twitter, the hackers were able to convince some of the company’s employees to use internal systems and tools to access the accounts and help the hackers defraud users into sending them bitcoin. According to Forbes, Coinbase and other cryptocurrency exchanges were able to stop some customers from sending bitcoin to the hackers by blacklisting the hackers’ wallet address. Specifically, Coinbase says it prevented just over 1,000 customers from sending around $280,000 worth of bitcoin during last Wednesday’s attack. Roughly 14 Coinbase users sent around $3,000 worth of bitcoin...
    The social media website Twitter is “embarrassed” by the recent hack that saw 130 high-profile accounts hijacked and used to promote a Bitcoin scam, and multiple accounts having their entire account history downloaded. NBC 4 New York reports that the social media platform Twitter is “embarrassed” by a recent hack that saw 130 accounts affected and multiple high-profile accounts used to promote a Bitcoin scam. Hackers were reportedly able to reset the passwords of 45 of the hacked accounts. In a blog post, Twitter revealed further details of the hack stating that hackers used the “Your Twitter Data” tool to gain access to the account information of at least eight of the hacked accounts but did not clarify which accounts were affected. The company did say that it would be reaching out to the affected accounts, some of which include Democratic Presidential candidate Joe Biden, Former President Barack Obama, Amazon CEO...
    The hacking of Twitter is surely not over yet It’s a puzzle worthy of Sherlock Holmes - a case of the dog that didn’t bark in the night. Joe Biden's Twitter account was among those hit by the hackers Twitter has suffered what they described as a ‘coordinated social engineering attack’, which makes it sound so much more sinister than a mere ‘hack’. Yet, on first glance, it was small beer - the public face of it was that the hijacking of the accounts of high profile business leaders and politicians (Gates, Obama and so on), along with the odd Kardashian, allowed them to post tweets which encouraged users to funnel cash into their Bitcoin account, making around $120,000 in the process. To do that, Twitter admitted that the hackers had ‘successfully targeted some of our employees with access to internal systems and tools.’ That simply means they had...
    OAKLAND, CALIFORNIA - Twitter says the hack that compromised the accounts of some of its most high-profile users targeted 130 people. The hackers were able to reset the passwords of 45 of those accounts.     The San Francisco-based company said in a blog post Saturday that for up to eight of these accounts the attackers also downloaded the account's information through the "Your Twitter Data" tool. None of the eight were verified accounts, Twitter said, adding that it is contacting the owners of the affected accounts.   "We're embarrassed, we're disappointed, and more than anything, we're sorry. We know that we must work to regain your trust, and we will support all efforts to bring the perpetrators to justice," Twitter said in the blog post.     The July 17 attack broke into the Twitter accounts of world leaders, celebrities and tech moguls in one of the most high-profile...
    OAKLAND, Calif. — Twitter says the hack that compromised the accounts of some of its most high-profile users targeted 130 people. The hackers were able to reset the passwords of 45 of those accounts. The San Francisco-based company said in a blog post Saturday that for up to eight of these accounts the attackers also downloaded the account’s information through the “Your Twitter Data” tool. None of the eight were verified accounts, Twitter said, adding that it is contacting the owners of the affected accounts. “We’re embarrassed, we’re disappointed, and more than anything, we’re sorry. We know that we must work to regain your trust, and we will support all efforts to bring the perpetrators to justice,” Twitter said in the blog post. The July 17 attack broke into the Twitter accounts of world leaders, celebrities and tech moguls in one of the most high-profile security breaches in recent...
    OAKLAND, Calif. (AP) — Twitter says the hack that compromised the accounts of some of its most high-profile users targeted 130 people. The hackers were able to reset the passwords of 45 of those accounts. The San Francisco=based company said in a blog post Saturday that for up to eight of these accounts the attackers also downloaded the account’s information through the “Your Twitter Data” tool. None of the eight were verified accounts, Twitter said, adding that it is contacting the owners of the affected accounts. “We’re embarrassed, we’re disappointed, and more than anything, we’re sorry. We know that we must work to regain your trust, and we will support all efforts to bring the perpetrators to justice,” Twitter said in the blog post. The July 17 attack broke into the Twitter accounts of world leaders, celebrities and tech moguls in one of the most high-profile security...
    A member of the Bundestag wears protective gloves as she follows a Twitter feed on a smartphone. (Photo by Sean Gallup/Getty Images) Democratic presidential nominee Joe Biden, former President Barack Obama, Elon Musk, Kanye West, Kim Kardashian, Bill Gates, and Jeff Bezos were some of the biggest targets used to promote Bitcoin donation to an anonymous group of hackers. READ MORE: Moderna vaccine shows patients developed antibodies against coronavirus Twitter also stated that eight non-verified accounts were specifically targeted. Hackers were able to download these users’ data using a tool that includes an archive of private messages, CNN reported. It is not confirmed whether or not the high profile users’ data was downloaded.
    A YOUNG British lad has denied being behind one of the worst Twitter attacks in history but admits buying a stolen account with Bitcoin as three hackers come forward. Joseph O'Connor, a 21-year-old hacker who goes by the name 'PlugWalkJoe' online, denied the accusations he was a key player and said he was merely getting a massage near his home in Spain at the time. 13Joseph O'Connor, 21, denied the accusations he was behind one of the worst Twitter attacks in historyCredit: Twitter Wednesday night's attack successfully broke into 130 Twitter accounts including Kanye West, Kim Kardashian, Elon Musk, Jeff Bezos, Barack Obama, Apple, Uber and Bill Gates. The hacked accounts urged people to send $1,000 on cryptocurrency Bitcoin to another online account and has so far allegedly netted $180,000. Security journalist Brian Krebs accused a small group of hackers of infiltrating a Slack channel to pull off the bold stunt. On Thursday he tweeted: "Who's behind Wednesday's...
    A British man, 21, has denied being behind this week's Twitter hack but admitted he bought a stolen account with Bitcoin, as it's revealed three young gamers carried out the attack after allegedly infiltrating a Slack channel to make $180,000.  Joseph O'Connor, a well-known hacker who goes by the name 'PlugWalkJoe' online, told the New York Times he was not involved in Wednesday's massive breach and was getting a massage near his current home in Spain at the time.  The 21-year-old, who is said to hail from Liverpool, brushed off accusations made by security journalist Brian Krebs Thursday that he was a key player in the hack, and said he was merely a customer of the assailants'.  Logs on Discord, a chat platform used by gamers, obtained by the Times show he bought the Twitter account @6 through one of the hackers who has come forward - 'ever so anxious'...
    THE hackers behind one of the worst Twitter attacks in history have come forward, and one of them is still a teenager. Wednesday night's attack successfully hit 45 major accounts, including Kanye West, Kim Kardashian, Elon Musk, Jeff Bezos, Barack Obama, Apple, Uber and Bill Gates. 9Kirk showed he could access and control Twitter accounts using company access The accounts urged people to send $1,000 cryptocurrency Bitcoin to an online account and has so far allegedly netted $180,000. The New York Times has made contact with four of the hackers who proved that they were behind the hit. The hack began on Tuesday on an online messaging platform Discord, with two hackers named lol and Kirk. “yoo bro,” wrote Kirk, according to a screenshot of the conversation shared with the paper. “i work at twitter / don’t show this to anyone / seriously.” 'DON'T SHOW THIS TO ANYONE' He then showed lol that he could take control...
    Our investigation and cooperation with law enforcement continues, and we remain committed to sharing any updates here. More to come via @TwitterSupport as our investigation continues. — Twitter Support (@TwitterSupport) July 18, 2020 Late Friday night, Twitter confirmed that its investigation shows attackers exported the data on “up to eight of the accounts involved,” without specifying which ones. Of the 130 that it had previously said were targeted, Twitter now says the attackers performed a password reset and were able to access 45 of them, but did not specify why they may not have done so on the the others. Multiple reports, including one on Friday afternoon from the New York Times, have featured accounts from posters on the “OGUsers” gray market forum where high-profile accounts are sometimes traded. By the accounts of their sources, an unknown person going by the name of “Kirk” claimed to...
    Hackers involved in the high-profile hijacking of Twitter accounts earlier this week were a group of young pals with no links to state or organized crime, according to a new report. The attack, which Twitter and the FBI are investigating, started with a playful message between hackers on the platform Discord, a chat service popular with gamers, according to the New York Times. Cybersecurity experts were stunned by the startling revelation that Wednesday's breach, unprecedented in scale for the social media site, seemingly amounted to youthful hijinks.  'An incident such as this could have extraordinary serious consequences - manipulation of the markets, disinformation relating to an election, etc,' Brett Callow, a threat analyst at cybersecurity firm Emsisoft, told DailyMail.com.  'However, in this case, reporting suggests that the hack was carried out by a group of young people who may have done nothing worse than execute a bitcoin scam,' he said....
    Just hackers burning up 0day like it’s a fire sale Imagine getting the keys to the Twitter kingdom — access to all the account admin panels in the world. What would you do? You could grab high-value accounts and sell them on the black market. You could extract unimaginably valuable blackmail material from DMs. Or maybe you’d wait until an event like the upcoming US election to launch an evil plan of some kind. But if you’re any kind of seasoned attacker, you wouldn’t blow your own cover by tweeting from the world’s biggest accounts — for a bitcoin scam. Sure, some have posited that the cryptocurrency spam tweets were a distraction for something bigger going on in the background. Maybe the attackers already did their sneaky stuff and are ready to do what’s called “burning your 0day.” And boy, did they burn that perfectly good 0day hot, bright, and...
    OAKLAND, CALIF. - Hackers broke into the Twitter accounts of world leaders, celebrities and tech moguls on Wednesday in one of the most high-profile security breaches in recent years, highlighting a major flaw with the service millions of people have come to rely on as an essential communications tool. The intent of the hack appeared to be to steal money from unsuspecting cryptocurrency enthusiasts — in particular, by using the compromised high-follower accounts to scam people out of Bitcoin. But it also raises questions about Twitter's ability to secure its service against election interference and misinformation ahead of the U.S. presidential election.   Here are some questions and answers about the breach:What Happened — And How? On Wednesday afternoon, the Twitter accounts of famous figures began tweeting similar messages saying they were "feeling generous" and would double any Bitcoin payments sent to an address in the tweet. Among the individual...
    Twitter said hackers targeted 130 accounts on Wednesday, part of a cyberattack that succeeded in gaining access to the accounts of Joe Biden, Jeff Bezos, Kim Kardashian West, Bill Gates and other well-known figures. The social media company said the hackers seized control of a "small subset" of the targeted accounts. The hack on Wednesday was designed to send tweets asking followers of wealthy figures such as Bezos, Elon Musk and Michael Bloomberg to send money to a Bitcoin address. Many of the people who were targeted are among the richest people in the world, based on Forbes' calculations.  Based on what we know right now, we believe approximately 130 accounts were targeted by the attackers in some way as part of the incident. For a small subset of these accounts, the attackers were able to gain control of the accounts and then send Tweets from those accounts.— Twitter Support (@TwitterSupport) July...
    Voters to get say in dropping plantations from R.I.s name 10 Things You Didnt Know About Fast Food Burgers Twitter says hackers targeted 130 accounts in Bitcoin scam Twitter said hackers targeted 130 accounts on Wednesday, part of a cyberattack that succeeded in gaining access to the accounts of Joe Biden, Jeff Bezos, Kim Kardashian West, Bill Gates and other well-known figures. The social media company said the hackers seized control of a "small subset" of the targeted accounts. © CHANDAN KHANNA/AFP via Getty US-POLITICS-TRUMP]-TWITTER The hack on Wednesday was designed to send tweets asking followers of wealthy figures such as Bezos, Elon Musk and Michael Bloomberg to send money to a Bitcoin address. Many of the people who were targeted are among the richest people in the world, based on Forbes' calculations.  Load Error Twitter said Thursday that it's working with people whose accounts were hacked and assessing whether...
    Twitter said Friday that hackers compromised around 130 user accounts in order to post malicious messages in a bitcoin scam Wednesday. “Based on what we know, right now, we believe approximately 130 accounts were targeted by the hackers in some way as part of the incident,” Twitter Support posted Friday. “For a small subset of these accounts, the attackers were able to gain control of the accounts and then send Tweets from those accounts,” Twitter Support said. (Related: Kayleigh McEnany: Trump Is Staying On Twitter Despite Massive Bitcoin Hack) Based on what we know right now, we believe approximately 130 accounts were targeted by the attackers in some way as part of the incident. For a small subset of these accounts, the attackers were able to gain control of the accounts and then send Tweets from those accounts. — Twitter Support (@TwitterSupport) July 17, 2020 Senior Communications Manager Nicholas Pacilio...
    The FBI has launched an investigation after hackers hijacked Twitter accounts of a number of high-profile US figures in an apparent Bitcoin scam. "The accounts appear to have been compromised" to perpetrate cryptocurrency fraud, said the bureau, urging the public to be vigilant. Elon Musk, Bill Gates and Joe Biden were among those hit in what Twitter said was a "co-ordinated" attack. Their official accounts requested donations in the cryptocurrency. "Everyone is asking me to give back," said a tweet from the account of Mr Gates, the Microsoft founder. "You send $1,000, I send you back $2,000." Twitter hack: What went wrong and why it matters What is Bitcoin? The US Senate Commerce committee has demanded Twitter brief it about Wednesday's incident by 23 July. Twitter said the hackers had targeted its employees "with access to internal systems and tools". "We know they [the hackers] used...
    NEW DELHI, INDIA - NOVEMBER 12: Twitter CEO and Co Founder, Jack Dorsey addresses students at the Indian Institute of Technology (IIT), on November 12, 2018 in New Delhi, India. (Photo by Amal KS/Hindustan Times via Getty Images)Hindustan Times Twitter said late Thursday that about 130 people were targeted in a cyberattack that took control of high-profile accounts to promote a bitcoin scam. "Based on what we know right now, we believe approximately 130 accounts were targeted by the attackers in some way as part of the incident," the social media firm tweeted. "For a small subset of these accounts, the attackers were able to gain control of the accounts and then send Tweets from those accounts." The hack, which took place on Wednesday, compromised the accounts of several prominent figures in business and politics. Tesla CEO Elon Musk, Amazon boss Jeff Bezos, Microsoft founder Bill Gates, U.S. presidential...
    On July 15th, multiple verified Twitter accounts associated with public figures and companies were hijacked and tweeted out a bitcoin scam. Several accounts impacted by the breach include Apple, President Barack Obama, former Vice President Joe Biden, Tesla and SpaceX CEO Elon Musk, rapper Kanye West, Microsoft co-founder Bill Gates, and Uber. The takeovers lasted more than two hours, and Twitter took extreme measures to prevent other verified accounts from being compromised, such as disabling the ability for some users to send new tweets and locking some users out of their accounts. Twitter is continuing to look into the incident, and the FBI has launched its own investigation, so there’s sure to be more news about the unprecedented attack on the social media platform. Follow along with all of the latest updates right here.
    Nicole Karlis July 16, 2020 11:47PM (UTC) A single famous person having their social media account hacked would be a minor blip on any news day. But the coordinated hack of some of the most prominent and well-followed accounts all at once speaks to something larger and better-organized than a single lone wolf hacker. Yesterday, the Twitter accounts of Elon Musk, Kanye West, Bill Gates, Barack Obama and Joe Biden are but a few of the people who fell victims to a strange Bitcoin scam; together, these hacked accounts have hundreds of millions of followers.  On Wednesday afternoon around 4pm eastern time, a slew of famous people with verified Twitter accounts, and a few verified corporate accounts, tweeted similar messages soliciting that their followers send them Bitcoin and promising to send them back the same amount doubled as a show of faith for the infamous cryptocurrency.  : "I am giving back to the...
    OAKLAND, Calif. (AP) — Hackers broke into the Twitter accounts of world leaders, celebrities and tech moguls on Wednesday in one of the most high-profile security breaches in recent years, highlighting a major flaw with the service millions of people have come to rely on as an essential communications tool. The intent of the hack appeared to be to steal money from unsuspecting cryptocurrency enthusiasts — in particular, by using the compromised high-follower accounts to scam people out of Bitcoin. But it also raises questions about Twitter’s ability to secure its service against election interference and misinformation ahead of the U.S. presidential election. Here are some questions and answers about the breach: WHAT HAPPENED — AND HOW? On Wednesday afternoon, the Twitter accounts of famous figures began tweeting similar messages saying they were “feeling generous” and would double any Bitcoin payments sent to an address in the tweet. Among...
    OAKLAND, Calif. (AP) — Hackers broke into the Twitter accounts of world leaders, celebrities and tech moguls on Wednesday in one of the most high-profile security breaches in recent years, highlighting a major flaw with the service millions of people have come to rely on as an essential communications tool. The intent of the hack appeared to be to steal money from unsuspecting cryptocurrency enthusiasts — in particular, by using the compromised high-follower accounts to scam people out of Bitcoin. But it also raises questions about Twitter’s ability to secure its service against election interference and misinformation ahead of the U.S. presidential election. Here are some questions and answers about the breach: WHAT HAPPENED — AND HOW? On Wednesday afternoon, the Twitter accounts of famous figures began tweeting similar messages saying they were “feeling generous” and would double any Bitcoin payments sent to an address in the tweet. Among...
    The FBI launched an investigation into a massive Twitter hack that compromised accounts with significant followings. The federal agency on Thursday confirmed an investigation into the incident, during which scammers collected more than $100,000 in bitcoin by hacking prominent accounts, including those of former President Barack Obama, former Vice President Joe Biden, billionaires Elon Musk and Jeff Bezos, and others. "At this time, the accounts appear to have been compromised in order to perpetuate cryptocurrency fraud," the FBI's San Francisco's office told Axios in a statement. "We advise the public not to fall victim to this scam by sending cryptocurrency or money in relation to this incident. As this investigation is ongoing, we will not be making further comment at this time.” The scam, which occurred on Wednesday afternoon, instructed Twitter users to send cryptocurrency to a specific Bitcoin address, promising they would receive double in return. Large...
    A Wednesday cyber attack briefly had high-profile Twitter TWTR, -1.09% accounts beseeching followers to make cryptocurrency donations. The hack hijacked the verified accounts of bold-faced names like Elon Musk, CEO of Tesla Inc. TSLA, -2.93% , Bill Gates, the co-founder of Microsoft MSFT, -1.98%, Jeff Bezos, founder and CEO of Amazon AMZN, -0.29%, Warren Buffet of Berkshire Hathaway BRK.A, +0.26% BRK.B, +0.23%, former president Barack Obama, Democratic presidential candidate Joe Biden and hip hop artist Kanye West. Their accounts, and other verified accounts, told legions of followers they were “giving back” and would double the pledges sent to a certain bitcoin address. The requests were fake but the resulting cybersecurity questions are real — like what this says about the security of an influential online forum that, as of the first quarter, had an average 166 million daily active users. “ ‘If it can happen to them,...
    Most of these accounts tweeted some variant of the same message: If someone were to send Bitcoin to the address specified in the tweets during a 30-minute window, the account owner would return double the amount. These outsized claims succeeded in tricking some people into sending over valuable cryptocurrency, but no crypto was ever sent in return. (Obviously.) All of the tweets sent from these high-profile accounts directed victims to the same Bitcoin address. By this point, Twitter had caught on and was attempting to contain the account breaches. In an effort to prevent more scammy messages being shared, Twitter temporarily removed the ability for verified users to tweet. If the owners of those accounts wanted to communicate on the platform, they either had to create temporary accounts, retweet existing tweets, or both. (Meanwhile, non-verified Twitter users basically had a field day.) Twitter appeared to get the situation under control...
    Following the hijacking of multiple high-profile Twitter accounts, security experts have warned that the hack could have been “much worse” than the Bitcoin scam that hackers ran from the accounts. The Daily Mail reports that following the recent wave of high-profile Twitter accounts being hijacked by hackers, security experts have warned that the hack could have been “much worse” than the Bitcoin scam that was executed with the accounts. Leaked screenshots obtained by Motherboard from two sources who hijacked the accounts appear to confirm that the hack was made possible by compromising an employee at the company. The accounts hijacked include Democratic Presidential candidate Joe Biden, Former President Barack Obama, Tesla CEO Elon Musk, Microsoft founder Bill Gates, and the official accounts of ridesharing service Uber and tech giant Apple. One source who alleges to be behind the attack told Motherboard directly, “We used a rep that literally done all the work for us,” adding that...
    A major hack on social media platform Twitter wont keep President Donald Trump away from tweeting. Press secretary Kayleigh McEnany told reporters on Thursday that “the president will remain on Twitter,” The Hill reports. “His account was secure and not jeopardized during these attacks," she added. On Wednesday, Twitter accounts of tech execs, politicians and celebrities were hacked in a bitcoin scheme. As Twitter investigated the hack, McEnany said Dan Scavino, the deputy chief of staff for communications, was in touch with the social media platform to ensure the president’s account was safe. Scavino oversees the White House’s social media. The FBI has launched an investigation into the hack, which breached the accounts of former President Barack Obama, former Vice President Joe Biden, Amazon CEO Jeff Bezos, Tesla CEO Elon Musk, rapper Kanye West and others. The corporate accounts of Uber, Squares Cash App and Apple were also impacted. The...
    THE FBI is reportedly investigating the massive Twitter hack on Wednesday that saw accounts from Barack Obama, Joe Biden, Elon Musk, Bill Gates, and others, targeted. Two sources told Reuters on Thursday that the FBI is now looking into the breach, which appears to have been a Bitcoin scam. 6 The FBI, the director of which, Christopher Wray, is seen here, is now reportedly investigating Wednesday's massive Twitter hackCredit: Getty Images - Getty The FBI said on Wednesday: “We are aware of today’s security incident involving several Twitter accounts belonging to high profile individuals.” “The accounts appear to have been compromised in order to perpetuate cryptocurrency fraud.” Other high-profile Twitter accounts, including former President Barack Obama, Mike Bloomberg, Jeff Bezos, Kanye West, and his, wife Kim Kardashian West, were also breached. The unidentified hackers broke into the accounts on Wednesday and sent fake tweets that offered to send $2,000 for...
    The FBI is reportedly investigating a major Twitter hack and bitcoin scam that compromised the accounts of big business and political figures including Joe Biden, Bill Gates, Elon Musk and Barack Obama. The bureau is looking into the hack — which was reportedly carried out with the help of a Twitter insider — to see whether vulnerabilities in the social network’s systems could pose a greater national security threat, according to the Wall Street Journal. The scammers took over prominent Twitter accounts on Wednesday to push a bitcoin scam which promised followers of the accounts that would have their money doubled if they transferred funds to a linked bitcoin wallet. “Feeling greatful, doubling all payments sent to my BTC address!,” read a since-deleted tweet on Musk’s account, which misspelled the word grateful. “You send $1,000, I send back $2,000! Only doing this for the next 30 minutes.” Cybersecurity company...
    The FBI is leading a federal inquiry into Twitter's security breach that saw hackers hijack high profile accounts - as the social media giant scrambles to investigate how its most catastrophic attack yet was able to occur. Sources say federal investigators are now probing the Twitter attack, which initially appears to have been a bitcoin scam but has sparked fears the hackers could have wreaked havoc on the stock market, meddled in elections or even potentially started a war.  A day on from the breach, which resulted in Twitter stopping all verified accounts from tweeting or resetting their passwords for hours as they tried to contain it, they have still not revealed how it happened or to what extent its internal systems were compromised.   Barack Obama, Joe Biden, Jeff Bezos and Elon Musk were among the victims of the four-hour attack on Wednesday afternoon that saw hackers infiltrate Twitter's internal systems...
    It felt a little like a zombie movie: Every time you looked at Twitter on Wednesday, another high-profile account had fallen victim to a brazen hack. Barack Obama, Elon Musk, Kanye West, Bill Gates, Joe Biden, Apple, Uber, and more were felled, their handles all conscripted into a bitcoin scam. It’s one of the most visible security meltdowns in years. And while details are still murky, it also seems increasingly clear it could have gone so much worse. Not that any of it went well. With million-follower accounts falling like dominos, Twitter decided to go nuclear, preventing verified accounts from resetting passwords or tweeting at all on Wednesday night, in some cases for hours. The scammers behind the attack walked away with $120,000 worth of bitcoin, money that dozens if not hundreds of victims will likely never see again. Given the apparent access the hackers had—both to Twitter and the...
    The coordinated hacking of high-profile Twitter accounts on Wednesday had the potential to endanger national security, House Committee on Oversight and Reform Ranking Member Rep. James Comer told Twitter CEO Jack Dorsey in a letter Thursday. The Twitter accounts for some of the platform’s most prominent users — including former President Barack Obama and presumptive Democratic presidential nominee Joe Biden — were compromised Wednesday afternoon by apparent bitcoin scammers. Twitter said in a statement that the breaches were the result of a “coordinated social engineering attack” against Twitter employees that have access to internal administration tools. The bitcoin address linked in the tweets posted to the compromised accounts during the attack racked up at least $115,000, according to NBC News, citing a public register of bitcoin transactions. Comer, a Kentucky Republican, said in his letter to Dorsey that Twitter’s failure to secure its site from such an attack “not only...
    By Joseph Menn and Mark Hosenball | Reuters The Federal Bureau of Investigation is leading an inquiry into the Twitter hacking, according to sources familiar with the situation, as more Washington lawmakers raised alarms about the breach of high-profile accounts on the social media platform. Earlier the law enforcement agency had said hackers appeared to commit cryptocurrency fraud after they seized control of the Twitter accounts of celebrities and political figures including Joe Biden, Kim Kardashian, Barack Obama and Elon Musk. The FBI did not immediately respond to a question about it leading an inquiry into Twitter. A day after the breach, it was not clear if the hackers were able to see private messages sent by the account holders. U.S. lawmakers worried about future attacks. “While this scheme appears financially motivated…imagine if these bad actors had a different intent to use powerful voices to spread disinformation to potentially...
    New York is launching a “full investigation” into the massive Twitter hack that targeted big names including Elon Musk, Bill Gates and Jeff Bezos, Gov. Andrew Cuomo said Thursday. The probe will be run through the state’s Department of Financial Services. “Foreign interference remains a grave threat to our democracy and New York will continue to lead the fight to protect our democracy and the integrity of our elections in any way we can,” Cuomo said. On Wednesday, several high-profile Twitter accounts were taken over by anonymous hackers as part of a bitcoin scam. Gates’ account, for example, tweeted, “Everyone is asking me to give back, and now is the time. I am doubling all payments sent to my BTC address for the next 30 minutes.” At least one of the bitcoin wallets linked to the scam raked in about 12.8 bitcoin worth over $117,328 at the current exchange...
    (CNN Business)The enormous Twitter hack that led to the accounts of a former US president, a possible future president, numerous billionaire businessmen, celebrities and the world's most valuable company all promoting a bitcoin scam may go down as one of the worst cybersecurity disasters ever to hit a social media company. But while the scope of the incident was massive in its own right — impacting accounts belonging to Barack Obama, Joe Biden, Bill Gates, Elon Musk, Kanye West, Kim Kardashian West and Warren Buffett — it could merely be the tip of a very large iceberg with vast security implications. Cybersecurity experts and policymakers now worry that the bitcoin scam may mask a much more troubling data breach involving the personal communications of the world's most powerful people. The attack is also a stark reminder, in the middle of a pivotal election year, about the power of social media...
    Hackers appeared to rake in nearly $119,000 worth of bitcoin after they took over more than a dozen high-profile Twitter accounts Wednesday. One digital wallet linked to the unprecedented attack received about 12.8 bitcoin — worth roughly $117,328 as of Thursday afternoon — after the hackers tweeted its ID number from accounts owned by Elon Musk, Kanye West, Bill Gates, Apple and others, according to data provider Blockcha in.com . Another roughly 0.17 bitcoin, or $1,625, went to a wallet mentioned in a since-deleted tweet from CashApp’s corporate Twitter account, the data show. The payment service is owned by Square, where Twitter co-founder Jack Dorsey serves as CEO. The owner of the latter account emptied it by sending all the cryptocurrency to other wallets, while the former was left with just about $119 in bitcoin after a flurry of transactions that continued into Thursday morning, records show. The hackers’...
    SpaceX owner and Tesla CEO Elon Musk gestures during a conversation at the E3 gaming convention in Los Angeles, June 13, 2019.Mike Blake | Reuters On Wednesday, the Twitter accounts of some of the most famous people in the country were compromised as part of an apparent bitcoin scam. Victims included Democratic presidential candidate Joe Biden, former President Barack Obama and Tesla CEO Elon Musk. Accounts for those people, and others, posted tweets asking followers to send bitcoin to a specific anonymous address.  For their efforts, the scammers received over 400 payments in bitcoin, with a total value of $121,000 at Thursday's exchange rate, according to an analysis of the Bitcoin blockchain performed by Elliptic, a cryptocurrency compliance firm.  Elliptic co-founder Tom Robinson said it's a low sum for what appears to be a historic hack that Twitter said involved an insider. "Given the scale of the compromise I don't think...
    Twitter hackers who used high-profile accounts to convince users to give them money walked away with more than $116,000 in bitcoins.  Wednesday's breach - said to be one of the largest hacks in history - worked on several unsuspecting Twitter users and secured the hackers 12.86644654 BTC from 378 transactions, according to public blockchain records.   Of that total, 12.85345191 BTC has already been sent out from the account. That translates to approximately $116,602.  Wednesday's breach - said to be one of the largest hacks in history - worked on several unsuspecting Twitter users and secured the hackers 12.86644654 BTC from 378 transactions Barack Obama, Joe Biden, Jeff Bezos and Elon Musk were all among victims of the four-hour attack which saw hackers infiltrate Twitter's systems and post messages to their accounts asking for Bitcoin Barack Obama, Joe Biden, Jeff Bezos and Elon Musk were all among victims of the...
    Donald Trump Jr. and his spokesman Andy Surabian are still being denied access to their Twitter accounts more than 12 hours after the social media platform suffered one of the largest hacking attacks in company history. “Since early evening yesterday, both Donald Trump Jr. and I have been locked out of our respective Twitter accounts,” Surabian told Daily Caller Thursday morning. “We haven’t heard anything from Twitter on how/why this happened or if they plan on doing anything to rectify the situation.” (RELATED: Hackers Compromise Joe Biden, Barack Obama’s Twitter Accounts, Promote Bitcoin Scam) CINCINNATI, OH – AUGUST 01: Donald Trump Jr.  (Photo by Andrew Spear/Getty Images) Twitter temporarily locked every verified “blue check” account Wednesday evening after hackers infiltrated numerous high profile accounts, including former President Barack Obama and former Vice President Joe Biden, and posted cash-for-bitcoin scam messages. The company’s investigation revealed the hackers gained access to “internal...
    Missouri Sen. Josh Hawley demanded Twitter work with the FBI and Justice Department to secure the integrity of its social media platform after a slew of prominent accounts got hacked. Hawley's letter, which was addressed to Twitter CEO Jack Dorsey, followed an unprecedented cyberattack Wednesday afternoon in which several high-profile Twitter accounts, including those of former President Barack Obama, 2020 presidential nominee and former Vice President Joe Biden, Amazon founder Jeff Bezos, and co-founder of Microsoft Corporation founder Bill Gates, tweeted out a Bitcoin link and encouraged their followers to donate to it. Popular companies, including Apple, Uber, and Cash App, were also hacked with a variation of the tweet that read, "All Bitcoin sent to my address below will be sent back doubled." It took Twitter more than two hours to wrest control of the accounts from the suspected Bitcoin scammers and restore full functionality to multiple groups...
    Twitter has unveiled a new interface for its direct messages on the web, allowing you to send and receive DMs without having to leave your timeline. While currently you have to open up a separate section of Twitter’s website to look at your DMs, now you’ll be able to access them from a pop-up window to the bottom right of your timeline. From Twitter’s video, it looks like a similar interface to what the likes of Facebook and LinkedIn currently offer for DMs on their platforms. It looks like a decent improvement for the platform’s messaging interface, but Twitter ended up announcing the feature at the worst possible time, during the worst hack to ever hit the platform. Twitter’s official account announced the roll out of the feature at 4:51pm ET, around half an hour after Tesla CEO Elon Musk’s Twitter account was hacked to promote a bitcoin scam. ...
    Former President Barack Obama and former Vice President Joe Biden are among the high-profile Twitter users whose accounts were hacked in a bitcoin scam Wednesday, according to a report. The cyber attack, which also compromised the accounts of Tesla CEO Elon Musk, Amazon chief Jeff Bezos, and Microsoft co-founder Bill Gates, is believed to be the largest security breach ever on Twitter, the Hill reported Wednesday. The accounts posted similar messages offering to double bitcoin payments and included the address of the same bitcoin wallet, which saw up to $112,000 pour in over several hours Wednesday. It is unclear if the money came from unsuspecting users or the hackers, the outlet said. “Feeling greatful (sic), doubling all payments sent to my BTC address!,” the since-deleted tweets said. “You send $1,000, I send back $2,000! Only doing this for the next 30 minutes.” The tweets were quickly deleted but were...
    BILLIONAIRES Elon Musk, Warren Buffet and Jeff Bezos were among the many verified Twitter accounts that were hacked in a Bitcoin scam. But what happened and what celebrities were affected? Here is everything we know... 4The hack swindled victims out of thousands of poundsCredit: AP:Associated Press What is the Twitter Bitcoin hack? Some of the world's richest and most powerful people have been targeted by Bitcoin scammers who swindled hundreds of victims out of £87,000. Kanye West, Elon Musk and Bill Gates are among those to be targeted in one of Twitter's biggest ever hack on July 15. The accounts urged people to send $1,000 (£794) Bitcoins - a type of cryptocurrency - to an address. In return, users are promised their money will be doubled and returned to them. The message read: "I am giving back to my community due to Covid-19! All Bitcoin sent to my address below...
    Joe Biden, Bill Gates, Barack Obama, Elon Musk… Several politicians and from Silicon Valley are victims of this hacking. A bitcoin scam The message “Happy Wednesday! I offer bitcoin to all my subscribers. I double all payments sent to the bitcoin address below” has been sent to the account Twitter many political figures and from Silicon Valley. Joe Biden, Jeff Bezos, Elon Musk, Barack Obama and Bill Gates are among the victims of this piracy. The specialized site Blockchain.com, relayed by 20 Minutes, indicated that a total of 12.58 bitcoins, or nearly 116,000 dollars (around 101,705 euros) was sent to one of the addresses indicated in the fraudulent tweets . A hack confirmed by Twitter Twitter confirmed that he was the victim of a piracy. Audited accounts with a blue “check” could not access Twitter for nearly three hours, as the company wanted to block the Hacker.“You may not...
              Unidentified hackers broke into the Twitter accounts of technology moguls, politicians, celebrities and major companies Wednesday in an apparent Bitcoin scam. The ruse included bogus tweets from former President Barack Obama, Democratic presidential front-runner Joe Biden, Mike Bloomberg and a number of tech billionaires including Amazon CEO Jeff Bezos, Microsoft co-founder Bill Gates and Tesla CEO Elon Musk. Celebrities Kanye West and his wife, Kim Kardashian West, were also hacked. The fake tweets tweets offered to send $2,000 for every $1,000 sent to an anonymous Bitcoin address. There is no evidence that the owners of these accounts were targeted themselves. Instead, the hacks appeared designed to lure their Twitter followers into sending money to an anonymous Bitcoin account. The Biden campaign, for instance, said that Twitter’s integrity team “locked down the account within a few minutes of the breach and removed the related...
    (Photo by Getty Images/Getty Images for EIF Several Twitter accounts of politicians, influencers, celebrities and corporations were hacked Wednesday and sent out a message soliciting bitcoin donations from followers.  Accounts belonging to Barack Obama, Joe Biden, Jeff Bezos, Bill Gates, Elon Musk, Apple and Uber, among others, were compromised on July 15 in what Twitter said was a coordinated attack on some of its employees.  “We detected what we believe to be a coordinated social engineering attack by people who successfully targeted some of our employees with access to internal systems and tools,” Twitter’s support team said, per CNN. Read More: Father and daughter duo’s viral video gets Michelle Obama’s attention Each of the hacked Twitter profiles sent out messages that included the same bitcoin account, and urged followers to send cryptocurrency on the promise to double any amount received.  “Everyone is asking me to give back, and...
    The official Twitter accounts of Elon Musk, Jeff Bezos, and many other famous people and companies were hacked on Wednesday by scammers who tried to invite people to send them bitcoins promising to pay them back twice. The list of simultaneously attacked accounts expanded rapidly, including those of the Democratic candidate for the White House, Joe Biden, former President Barack Obama, the billionaire founder of Microsoft Bill Gates, the Uber company and bitcoin platforms, among many others. “We are attentive to a security incident that impacted Twitter accounts,” said the social network. “We are investigating and taking steps to fix it,” he added. Biden’s campaign command closed his Twitter account and quickly removed the tweet that called the hoax. Apparently, Twitter disabled tweeting from certified accounts, that is, those with a blue label. “You may not be able to tweet or create a new password while we review and correct...
    HACKERS running an apparent Bitcoin scam took over several high-profile Twitter accounts on Wednesday - targeting big names such as Elon Musk, Joe Biden, Bill Gates, Apple and many more. Each account shared a message urging users to change money to Bitcoin and promised to send $2,000 for every $1,000 sent to an anonymous Bitcoin address. 4 Elon Musk's was one of the high profile Twitter accounts that was hackedCredit: AFP or licensors 4 Bill Gates' account also tweeted out the bizarre messageCredit: Getty Images - Getty Elon Musk was one of several high profile people whose account was compromizedCredit: Twitter / Elon Musk The tweets began to appear sometime after 3pm EST on Wednesday and appeared to attack several prominent Twitter accounts more than two hours later before they were deleted, according to NBC News. "We are giving back to our community," the tweet from Apple read. "We support...
    Twitter posts indicated hundreds of dollars in bitcoin may have been sent to scammers’ digital accountThe formal Twitter accounts of Apple, Elon Musk, Jeff Bezos and many others had been hijacked on Wednesday by scammers seeking to dupe persons into sending cryptocurrency bitcoin, in a enormous hack.The list of accounts commandeered concurrently grew quickly to involve Joe Biden, Barack Obama, Uber, Microsoft co-founder Bill Gates, bitcoin specialty companies and lots of other individuals. “We are mindful of a safety incident impacting accounts on Twitter,” the messaging provider mentioned in a tweet. “We are investigating and having steps to correct it. We will update everyone soon.” The Biden marketing campaign told AFP that Twitter locked down the hacked account speedily and eliminated the bogus tweet. It appeared that Twitter had disabled the means to tweet from validated accounts, those with the official blue checkmarks. “You may possibly be unable to Tweet...
    Gotcha! Kim Kardashian, Elon Musk and extra stars are amongst these whose Twitter accounts had been hacked on Wednesday, July 15, in an try and steal bitcoin funds. “Feeling good! All BTC despatched to my will probably be despatched again doubled, get pleasure from,” Kardashian’s account tweeted at 6:05 p.m. ET. It has since been deleted. The Retaining Up With the Kardashians star’s message mirrored comparable faux tweets seen on Barack Obama, Joe Biden, Kanye West and Invoice Gates’ profiles all through the day. The widespread takeover is centered on the false promise of giving bitcoin forex to people who ship cryptocurrency to a particular bitcoin tackle, The Washington Publish reported. A now-deleted tweet despatched from Musk’s profile learn, “Feeling greatful, doubling all funds despatched to my BTC tackle! You ship $1,000, I ship again $2,000! Solely doing this for the following 30 minutes.” Company accounts additionally fell sufferer...
    Charges against the social workers linked to Gabriel Fernandezs killing will be dropped Aric Almirola takes Stage 1 in All-Star Open, advances to main event Kim Kardashian, Kanye West, Barack Obama and More Had Their Twitter Accounts Hacked in Bitcoin Scam © David Crotty/Patrick McMullan via Getty Images It appears that Kanye West, Kim Kardashian West, former President Barack Obama, Elon Musk, Bill Gates and many more were hacked on Twitter by Bitcoin scammers on Wednesday. Many users noticed multiple messages from high-profile celebs and companies urging people to donate money. Most of the tweets began with the similar message of giving "back to the community" and sharing a Bitcoin wallet address, telling users they would double any amount that they sent in. "I'm feeling generous because of Covid-19," read the since-deleted tweet from Musk's account. "I'll double any BTC payment sent to my BTC address for the next hour. Good luck, and stay...
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