Check the Crypto Market Today:
Bittime - The official X account of the company MicroStrategy, one of the world's largest Bitcoin investors, was allegedly hacked on Monday (26/2/2024) and used to spread a fraudulent link claiming to provide an Ethereum-based MSTR token airdrop. The victims trapped by this scheme are estimated to lose around $440,000 or equivalent to Rp6.8 billion.
According to a report from The Block, MicroStrategy's X account began posting suspicious messages around 9 a.m., offering a free airdrop of 10,000 MSTR tokens to anyone sending 0.1 ETH to a specific address. The messages also included links to fake websites that mimicked the appearance of MicroStrategy's official website.
Hackers Steal Crypto
The fake website asks users to connect their crypto wallets and claims fake MSTR tokens. However, once users grant access permission to their wallets, the hackers can drain the crypto assets stored on them without the victim's knowledge.
According to an analysis from ZachXBT, a blockchain researcher who revealed the hack in X, the hackers have managed to steal at least $440,000 from more than 200 transactions that went to the fraudster's address. One victim even lost more than $420,000 in a single transaction.
Also Read How to Buy Crypto:
MicroStrategy Remove Scam Posts
MicroStrategy's X account deleted all of the scam messages around 10 a.m., but has not provided an official explanation for the incident. It is not yet known whether the account was actually hacked or misused by insiders.
MicroStrategy is one of the companies most bullish on Bitcoin, having over 91,000 BTC worth over $4 billion on its balance sheet. The company is also issuing $1 billion worth of bonds in June 2024 to buy more Bitcoin.
The hacking of MicroStrategy's X account is a warning for crypto users to be careful of all forms of fraud on behalf of well-known companies or figures in the industry. Always double-check before clicking on links or sending crypto assets to unknown addresses. Never give your private key or access permission to your crypto wallet to untrusted parties.
Check Crypto Price Today:
How to Buy Bitcoin (BTC) on Bittime
You can buy and sell Bitcoin (BTC) in an easy and secure way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.
Bitcoin (BTC) is available on Bittime with the BTC/IDR market pair. To be able to buy BTC IDR on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is Rp10,000. After that, then you can make a crypto asset purchase in the application.
Learn the complete guide on how to buy Bitcoin (BTC) on Bittime.
Monitor the price chart movements of Bitcoinn (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
MicroStrategy's Bitcoin Is More Valuable Than Its Own Company
MicroStrategy Buys 190,000 Bitcoins, Shows High Confidence in Crypto
Michael Saylor Sells $216 Million of Shares to Buy More Crypto
DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.
Comments
0 comments
Please sign in to leave a comment.