Hackers compromise Uniswap founder’s Twitter account to advertise rip-off

by Jeremy

Members of Crypto Twitter have rapidly recognized and warned others towards a rip-off being pushed by Uniswap founder Hayden Adams’ compromised account.

The “Web3 Safety Alerts” channel on Telegram notified followers that Adams’ Twitter account had been compromised on July 20. The account from the Uniswap founder and CEO launched a tweet to its greater than 254,000 followers falsely claiming that the platform’s Permit2 contract had been “affected by an unknown exploit” and customers’ tokens had been in danger, encouraging them to click on on a malicious hyperlink.

July 20 tweet despatched from Uniswap founder Hayden Adams’ Twitter account by hackers. Supply: Twitter

The primary rip-off tweet was solely stay for a couple of minutes earlier than being eliminated, however a number of practically an identical tweets had been additionally posted. On the time of publication, many had been nonetheless viewable to Twitter customers. Web3 Safety Alerts reported Adams had additionally been blocked from his accounts with MetaMask and Coinbase Pockets.

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Dangerous actors using social media platforms to try to con customers out of crypto property or fiat is nothing new, however these behind the companies have tried to cut back the quantity and frequency of cons. Twitter govt chair Elon Musk introduced on July 1 the platform can be quickly limiting the variety of posts customers shall be allowed to learn day by day in an effort to “detect and get rid of bots and different unhealthy actors.”

On July 6, social media agency Meta launched Threads, a microblogging app anticipated to rival Twitter. Although the platform reached greater than 100 million customers in a matter of days, scammers selling faux nonfungible token initiatives and impersonating different Crypto Twitter personalities have already appeared.

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