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Home»ALTCOIN NEWS»VeChain’s
ALTCOIN NEWS

VeChain’s

By Crypto FlexsJanuary 19, 20242 Mins Read
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Hackers took control of VeChain’s (VET)’s X social media account Thursday morning and promoted fake sweepstakes opportunities.

Hacked social media posts encouraged digital asset investors to send between 100,000 and 5,000,000 VET to an “official donation address,” falsely claiming they would receive an airdrop. double the amount They contributed.

“VeChain

Don’t send your VET to anyone and remember that no one will double your bag. This is valid for all cryptocurrencies.”

Source: VeChain/X

VeChain, a web3 enterprise blockchain, deleted the post after regaining control of the X account. project said It later said that “security is our top priority” and that it had enabled two-step authentication with a randomly generated password.

“We are conducting a thorough investigation to identify the vector and will be introducing new internal security protocols as a result. No other platforms were affected. Thankfully, our team responded quickly and our community has been incredibly diligent in warning others.”

The project also promised rewards to a small number of VET holders who sent cryptocurrency to the hacker’s address.

“Your details will be recorded by the individual sending the transaction and you will be automatically reimbursed 1:1 for the full value of the VET sent. You do not need to take any action. Your trust is our top priority. We take full responsibility for the impact of this unfortunate incident.”

Cryptocurrency-related . The cryptocurrency world is in a temporary frenzy.

In the following days, numerous BTC ETF applications were legally approved.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you are responsible for any losses that may occur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created by: Midjourney

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