Yesterday, the biggest Cyberattack occurred on Twitter. Many high-profile Twitter accounts of Americans have been hacked. This includes American Former Vice President Joe Biden, Tesla CEO Elon Musk, Microsoft founder Bill Gates and many other important accounts of Apple.
After Twitter Handle Hack, these accounts posted a special message. A link was posted on these accounts and asked for Bitcoins cryptocurrency. Hacking Twitter’s handle claimed that people would be returned double bitcoins if these high profile people give one dollar.
Twitter’s many accounts of the world’s largest businessmen and leaders, including billionaire businessmen Elon Musk, Warren Buffett, Jeff Bezos, and Bill Gates have been hacked.
Actually, this kind of hacking is a Bitcoin scam, understand how!
Posts created by hacked accounts demanded payment in Bitcoin and claimed to be doubled. Bill Gates’ tweet said: “Everyone asked me to give back, so you sent me a thousand dollars, I Will send you two thousand dollars”.
A tweet posted by Tesla CEO Elon Musk’s account also said that the money sent in Bitcoin will double and be returned within the next hour. The link with the anonymous address of bitcoin address posted a Tweet “Due to the COVID pandemic, I am donating”. These tweets were removed within a few minutes of posting.
In addition to the famous American rapper Kanye West, model and actress Kim Kardashian, former President Barack Obama, and Democratic presidential candidate Joe Biden, Uber and Apple’s accounts in the world’s largest companies have also hacked.
Billionaires Jeff Bezos Bill Gates and Elon Musk are well-known American figures who targeted in Bitcoin scam on Twitter yesterday.
The official accounts of Barack Obama, Kanye West, and Joe Biden also demand donations in cryptocurrency, Bitcoin.
What is Bitcoin?
Bitcoin has two main characteristics: it is digital and is considered an alternative currency. Unlike paper currency or coins in your pocket, it exists largely online. Although some professional and specialist ATMs issue bitcoins, it is best to treat them as virtual tokens.
Second, Bitcoin is not printed by the government or traditional banks. Dr. Garrick Hileman of the Judge Business School at Cambridge University stated that this means “this is not legal tender and you cannot pay taxes or use it to pay off debts”.
Bitcoin is formed by a complex process known as “mining”, which is then monitored by computer networks throughout the world.
There are about 5,600 new bitcoins every day, and there are now about 16.5 million bitcoins in circulation. However, like all currencies, its value depends on how much currency people are willing to buy and sell.
Emergency response
Earlier, Twitter had to take extraordinary steps to prevent all verified accounts marked with blue ticks from tweeting. The password reset request was also rejected, and some other “account functions” were also disabled.
Twitter said it was a “coordination” attack against its employees, “having access to internal systems and tools. We know that hackers use this access to control many highly-known users, including verified accounts and Tweets on their behalf”, said in a series of tweets yesterday.
Hacked Account of verified users also includes celebrities, Businessmen, Journalists, and news agencies as well as government, politicians, heads of state, and emergency services.
It further appended that during the company’s investigation, “important steps” have been taken to restrict access to such internal systems and tools.
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