The Twitter account of Indian crypto change CoinDCX remained compromised for hours on Tuesday.
Hackers posted a faux XRP giveaway scheme via the exploited Twitter deal with @CoinDCX to the change’s over 230,000 followers. The giveaway message was interspersed with a phishing link.
CoinDCX Twitter Account Exploited
As CoinDCX tried to take management of its compromised Twitter account, it put out an alert via one other Twitter deal with, @CoinDCX _Cares.
It was additionally retweeted by CoinDCX officers, together with CEO Sumit Gupta. The message cautioned the followers of the exploited standing of its Twitter account and warned them to not click on on any link or discover that they might obtain from the Twitter deal with @CoinDCX right this moment.
To make it look pure, the exploiters have been retweeting official posts of Ripple Labs CEO Brad Garlinghouse and replied to tweets with rip-off/phishing links. Users who click on on the links in these posts might lose their funds to the rip-off.
As the issue endured for greater than 5 hours after being acknowledged by CoinDCX, the loss to the customers could also be substantial.
Detected by PeckShield
The downside was first detected and reported by blockchain safety firm PeckShield on intel offered by a Twitter person @aayushrai11. In a tweet alert, PeckShield stated, “Seems like Indian crypto change CoinDCX’s Twitter account @CoinDCX was compromised & has been utilized by the exploiter to share links to fraudulent $XRP GIVEAWAY.”
It additionally contained a screenshot of the compromised account with the hackers’ message: Today, we’re pumping XRP. To assist our group, we’re asserting a 100,000,000 XRP GIVEAWAY. Please observe: you possibly can obtain a bonus as soon as. Please hurry!
Spurt in Cyber Attacks
In December final 12 months, Indian Prime Minister Narendra Modi’s Twitter account was briefly compromised, and the hackers posted an identical bitcoin giveaway rip-off.
The hackers posted a message that stated, “India has formally adopted bitcoin as legal tender. The authorities has formally purchased 500 BTC and is distributing them to all of the residents of the nation.” The message was adopted by a phishing link.
Modi’s Twitter account was hacked in September 2020 as effectively, and the exploiters at the moment requested for donations in bitcoin and different digital cash.
Another hacking occasion involving the social media accounts of the British Army came about in July 2022. The exploiters promoted BTC and NFT scams via the compromised account Twitter and YouTube accounts which have been partially restored solely after two hours.
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