Home Cryptocurrency Blockchain Capital’s X account hacked to advertise token declare rip-off

Blockchain Capital’s X account hacked to advertise token declare rip-off

Blockchain Capital’s X account hacked to advertise token declare rip-off


The X (Twitter) account of crypto-focused enterprise capital agency Blockchain Capital was seemingly taken over by scammers trying to lure customers with the promise of a token declare.

On Aug. 9, Blockchain Capital’s account made a number of posts promising a giveaway of “BCAP” tokens and directed customers to a copycat web site that emulated the looks of the VC agency’s unique.

Blockchain Capital later regained management of the account and deleted the posts.

Scammers posting a hyperlink to a pretend Blockchain Capital web site below the guise of a token declare. Supply: X

The copycat web site — which included an extra “n” within the URL to intently mimic the unique — directs customers to attach their crypto pockets, a standard tactic utilized by phishing scammers with the intention to trick customers into signing a malicious transaction that drains funds.

The scammers tactically turned off commenting on the posts in an try to forestall others from warning of the attainable rip-off. A number of X customers shared the posts warning of the rip-off try.

Tierion founder Wayne Vaughan was one in every of many to warn of the rip-off try. Supply: X

Blockchain Capital’s hijacked account comes days after the FBI warned of prison actors taking up the social media accounts of well-known figures within the crypto house with the intention to funnel customers to malicious spoof websites.

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A flood of rip-off posts additionally not too long ago appeared on pro-XRP lawyer Jeremy Hogan’s hacked X account — the place malicious hyperlinks to a purported XRP (XRP) giveaway have been posted for round 4 days.

In late July, Binance CEO Changpeng “CZ” Zhao warned his 8.5 million X followers of the growing variety of phishing assaults following the hack of Uniswap founder Hayden Adams X account.

Zhao suggested towards utilizing textual content message-based two-factor authentication and beneficial the usage of {hardware} gadgets as a substitute.

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