Ethereum Co-Creator Vitalik Buterin's X Account Reportedly Breached, Hacker Makes Away With $690K+
Portfolio Pulse from Benzinga Neuro
The X account of Ethereum (CRYPTO: ETH) founder, Vitalik Buterin, was hacked, leading to a theft of over $690,000. The hacker used a deceptive link promoting non-fungible tokens (NFTs) from software provider Consensys to gain access to users' funds. The exact number of users affected by this hack remains unclear.
September 11, 2023 | 8:27 am
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The hacking of Ethereum founder's account could potentially impact the trust in Ethereum and its price in the short term.
The hacking incident involving Ethereum's founder could lead to a decrease in trust among its users, potentially leading to a short-term decrease in the price of Ethereum. However, the long-term impact would depend on how the situation is handled and the measures taken to prevent such incidents in the future.
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