In a disturbing trend of security breaches, notable social media accounts tied to the cryptocurrency space have been compromised, leading to the dissemination of false information and causing disruptions in the market.
Today, the social media channels of Rocket Pool (NASDAQ: POOL) X became the latest target of a cyber attack. The breach involved the spreading of misleading claims regarding asset transfers, citing non-existent vulnerabilities in smart contracts.
Simultaneously, a separate incident unfolded as the official Twitter account of the U.S. Securities and Exchange Commission (SEC) fell victim to a cyber attack. Attackers posted inaccurate announcements concerning the approval of a Bitcoin ETF, briefly unsettling the market before corrective measures were implemented.
Further intensifying the wave of cyber threats, Ethereum co-founder Vitalik Buterin’s Twitter account was also compromised. The breach was exploited to promote a phishing link, cleverly disguised as an Ethereum update, potentially exposing followers to financial risks.
These successive security lapses have triggered heightened concerns regarding the vulnerability of social media accounts associated with cryptocurrencies. Notably, the SEC‘s incident underscored the absence of basic security measures such as two-factor authentication on their Twitter account, raising questions about the overall robustness of security protocols within the cryptocurrency community.
