The recent Twitter hack shows us that centralized infrastructure is still vulnerable, but DIDs, SSI and blockchains can change the paradigm. Murphy’s law states: “Anything that can go wrong will go wrong.” It always happens with centralized services. A year ago, we saw how half a million Facebook accounts were leaked online, exposing personal data.…
Read more
The recent high-profile hack of Twitter accounts where 12 BTC was stolen is being investigated, and some exchanges may already know who did it. July 15 will go down as an infamous day for Twitter, as an unknown attacker managed to take control of a number of accounts on the social media platform before duping…
Read more
In the months leading up to the most devastating hack in the company’s history, Twitter was trying to hire cybersecurity pros. If the company’s jobs site is any indication, Twitter has been openly hiring for security positions in the months leading up to this week’s notorious hack. According to the company’s job search, Twitter posted…
Read more
In this week’s newsletter, we look at a series of developments that test the limits of governmental authority over crypto, as well as the contest with social media. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note New developments in crypto this week…
Read more
The Twitter hackers left inconspicuous Bitcoin trails leading to and from major exchanges that should be able to uncover their identities. 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…
Read more
A user has hidden message in transactions to the Bitcoin wallet associated with the Twitter hack. 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…
Read more
Crypto Twitter has taken aim at the Twitter hack, suggest there is more to this attack than meets the eye. 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…
Read more
Data concerning the owner of a website associated with today’s wholesale Twitter account hacks has leaked online. 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…
Read more
Elon Musk, Jeff Bezos, Kanye West among victims after massive Twitter hack aims to dupe Bitcoin holders out of their cryptocurrency. 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…
Read more
Recent events indicate Twitter accounts for Binance, Gemini, Coinbase, Bitfinex, Justin Sun, Charlie Lee and many others have been compromised. A tweet from Binance CEO Changpeng Zhao, also known as CZ, suggests that shady activity is happening over on Binance’s Twitter account. Similar nefarious tweets have popped up on the accounts of Gemini, Coinbase, CoinDesk, Kucoin,…
Read more
