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Twitter Says Hacker Group Targeted 130 Accounts

Those behind Wednesday’s Twitter hack targeted up to 130 accounts and managed to gain full control of a smaller subset.

Updated Sep 14, 2021, 9:32 a.m. Published Jul 17, 2020, 8:50 a.m. 1 min read
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Twitter says the group behind the "Crypto for Health" hack earlier this week had targeted more than 130 accounts.

  • The social media platform said in a thread Friday morning the hackers, who are yet to be identified, gained full control of a "small subset" of accounts, using them to send tweets asking for bitcoin.
  • These included verified accounts for mainstream figures including former President Barack Obama and Tesla's Elon Musk; crypto personalities Binance CEO Changpeng Zhao and Justin Sun; and companies, including the Coinbase exchange and CoinDesk.
  • Users sent more than $125,000 worth of bitcoin by the time Twitter got a handle of the situation and locked down verified accounts.
  • Twitter is investigating whether the hacking group accessed non-public data.
  • One former employee told The Financial Timesthe company had lax security protocols, giving full administrative control to hundreds of engineers.
  • Hackers hijacked Twitter twice in 2009; at the time, the Federal Trade Commission criticized the company for "serious lapses in data security."
  • Some U.S. lawmakers have been airing their concerns over the latest breach, citing the damage that might have occurred if President Trump's account had been hacked.

See also: Twitter Hack 2020 Was Probably Done by a Bitcoiner – But Not a Savvy One

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Hacker facing screens with lines of code (Boitumelo/Unsplash)

The breach, linked to a 1-of-3 multisig wallet weakness, allowed attackers to compromise a key and mint $13.5 million in unbacked tokens, netting them $2.8 million.

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  • StablR suspended USDR/EURR operations after a cyberattack. The tokens are now under-collateralized and don't meet the 1:1 backing required by MiCA.
  • The breach, linked to a 1-of-3 multisig wallet weakness, allowed attackers to compromise a key and mint $13.5M in unbacked tokens, netting them $2.8 million.
  • Following the breach, the...