The hackers who conducted the massive Twitter hijacking on July 15 do not appear to be sophisticated Bitcoin (BTC) users, as they left trails leading to and from major exchanges that presumably hold the keys to their identities. Address bc1qxy summary. Source: Crystal Blockchain. The Bitcoin address that hackers used to solicit illicit donations is bc1qxy2kgdygjrsqtzq2n0yrf2493p83kkfjhx0wlh. A couple of hours into the hack, the perpetrators started moving Bitcoin into other addresses. The Bitcoin trail they are leaving behind suggests that they are not terribly sophisticated when it comes to blockchain technology. They are reusing the same addresses, they are not …

Whale Alert, a popular service dedicated to tracking major cryptocurrency transactions, is being negatively affected by Twitter’s anti-hack measures. In a July 16 tweet, Whale Alert said that the crypto bot can no longer tweet any transactions either automatically or manually “due to anti-hack measures taken by Twitter.” Whale Alert noted that posts are still available on their Telegram channel, and expressed hope that Twitter will resolve the issue soon. Whale Alert told Cointelegraph that they expect it to be a few days before posting on the platform returns to normal: “Last night's hack is the single biggest security breach …

The Twitter hackers who compromised more than a dozen celebrity accounts on Wednesday appear to be consolidating their funds to an address that had earlier sent money to BitPay and Coinbase. According to research from Whitestream, a blockchain analytics company, three transactions originating from the “1Ai5” address lead to wallets associated with Coinbase and BitPay, both of which provide merchant solutions. The legacy address was the first to be offered by the hackers, who later switched to a Bech32 address when targeting non-crypto accounts. However, the original address is now the consolidation point of all the proceeds gotten through the …

Gold bug and notorious cryptocurrency critic Peter Schiff wonders whether the recent hack of verified profiles on Twitter is “a harbinger of Bitcoin itself being hacked.” In a July 16 tweet, Schiff mentioned yesterday’s mass hack of verified Twitter profiles which were used to promote a Bitcoin scam, further suggesting that it could be a prelude to a hack of the cryptocurrency itself. It looks like all verified Twitter accounts have been hacked by someone running a #Bitcoin scam. For once not being verified has its advantageous. I wonder if this is a harbinger of Bitcoin itself being hacked? Better …

Crypto scammers responsible for what could be the largest ever hack on Twitter were able to succeed because individual employees have high levels of access to information and control on the platform. In a series of tweets from Twitter Support on July 15, the help center of the social media platform confirmed that hackers responsible for the massive breach of high-profile figures’ accounts had conducted a “coordinated social engineering attack” to gain “access to internal systems and tools.” “We know they used this access to take control of many highly-visible (including verified) accounts and Tweet on their behalf,” Twitter Support …

Internet sleuths have converged on the website ‘CryptoForHealth.com’ which was associated with the widespread Twitter account hacks that began on July 15. The earliest incarnations of the scam saw the accounts of numerous crypto luminaries purport to partner with CryptoForHealth to give away 5,000 Bitcoins (BTC) to their followers. Identical tweets claiming a partnership with CryptoForHealth were posted by the accounts of top crypto exchanges Coinbase, Gemini, Binance, and their executives, earlier today. The hacks prompted Gemini’s co-founders Tyler and Cameron Winklevoss to warn that “all major crypto Twitter have been compromised” despite the company’s use of strong passwords and …

Earlier this morning, a large-scale Twitter attack took over some of the most powerful verified Twitter accounts including Joe Biden, Elon Musk, Bill Gates, Kanye West, Kim Kardashian, Wiz Khalifa, Warren Buffett, Mike Bloomberg, Barack Obama, and Jeff Bezos. The attacker has posted about fake giveaways from the compromised accounts, asking for Bitcoin (BTC) payments and promising to send back double the amount received. Official Responses Many of the accounts were quick to respond to the hack with the Tweets being deleted and Twitter temporarily locking down all verified accounts until the situation has been resolved. Twitter Support said: “We …

Some of the largest and most influential Twitter accounts in the world were hacked earlier today to promote fake Bitcoin giveaways. But eagle-eyed Reddit users have spotted a series of hidden messages in transactions sent to the Bitcoin wallet at the center of the scam. Prominent accounts targeted in the Twitter attack included Joe Biden, Elon Musk, George Wallace, Bill Gates, Kanye West, Kim Kardashian, Wiz Khalifa, Warren Buffett, Mike Bloomberg, Barack Obama and Jeff Bezos. The accounts were hacked with a message promising that if users sent BTC to a particular address, they would get a 2:1 return. According …

This live stream has now ended. A large-scale Twitter attack has taken over the accounts of some of the most powerful verified accounts in the world including: Joe Biden, Elon Musk, George Wallace, Bill Gates, Kanye West, Kim Kardashian, Wiz Khalifa, Warren Buffett, Mike Bloomberg, Barack Obama, and Jeff Bezos. Business accounts from Uber, Twitter Support, Coindesk and many others were likewise affected. The accounts are running a Bitcoin ‘giveaway’ scam and have so far conned Twitter users out of 12.8 BTC, or roughly $118,000. Join us as Cointelegraph hosts Jackson and Giovanni discuss the hack with industry experts as …

Presidential candidate Joe Biden fell victim to the criminal enterprise that earlier hacked Twitter accounts of Elon Musk, Bill Gates, Warren Buffett, and Barack Obama, in addition to many well-known accounts in the crypto industry. Criminals are breaking into Twitter accounts with many followers and post messages asking for or endorsing donations to a Bitcoin address. At the time of this writing, Joe Biden appears to have wrestled back control of his Twitter account from the hackers. Thus far, the criminals have received over 11.5 BTC. A simultaneous scam appears to be soliciting some accounts for donations in XRP as …

After a massive number of Twitter accounts were hacked on July 15, one of the affected, Tron founder Justin Sun, put a bounty on the heads of those responsible. Tron's founder will give $1 million to the person or persons responsible for tracking down the hackers and providing pertinent data on the situation, Sun, CEO of BitTorrent and Founder of TRON told, Cointelegraph. Sun added: “We are working closely with Twitter to resolve this issue immediately and return our accounts to normal. We are always vigilant in the handling our accounts; operating safely and responsibly -- taking the security of …

Elon Musk’s Twitter account was apparently hijacked today following a series of attacks on cryptocurrency-related accounts, including major exchanges such as Binance, and U.S.-based Coinbase, and Gemini. Other handles compromised included the @Bitcoin Twitter account. Musk’s account pinned a tweet to his feed at 4:17pm ET which suggested that the entrepreneur would double any Bitcoin sent to a wallet address. Musk has, in the past, discussed cryptocurrencies on his Twitter feed, suggesting that he owns 0.25 Bitcoins. Scammers have been known to use this technique to dupe Bitcoin owners into sending irreversible transactions to a digital wallet. Bill Gates’ account …