Base DeFi project disappears after rug pull
BaseBros Fi, a DeFi protocol on the Base blockchain, vanishes after stealing user funds via an unaudited contract.
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BaseBros Fi, a DeFi protocol on the Base blockchain, vanishes after stealing user funds via an unaudited contract.
Story Published Sept 10
Update Added Sept 16: Jump to update
In a shocking turn of events, Vitalik Buterin's official Twitter account was compromised by hackers on Saturday, September 9, 2023. The breach led to a loss of nearly $700,000 in cryptocurrencies, highlighting the vulnerabilities even high-profile figures face in the digital realm.
The Deceptive Tweet
The hackers, with just a single tweet, managed to deceive a significant number of Buterin's followers. The tweet announced a purported free NFT giveaway from Consensys, a renowned blockchain technology company.
Many followers, seeing the tweet from the official account of Ethereum's creator, were lured into a trap. The link provided in the tweet redirected users to a malicious website designed to exploit their trust.
This type of scam, known as a 'drainer' tricks users into connecting their cryptocurrency wallets to a seemingly legitimate website. Once connected, the hacker can then transfer all assets from the victim's wallet to their own.
High-Value NFTs Stolen
In addition to the stolen cryptocurrencies, the hackers made away with two high-value 'Crypto Punks' NFTs. These digital collectibles have gained immense popularity and value in recent years.
The stolen NFTs were priced at a staggering 153.62 ETH (approximately USD 250,000) and 58.18 ETH (USD 95,000) respectively.
We finally have a response from Vitalik, apparent a sim swap was the method used.
While the hacker is blame,, at least a little of the blame must go to T-Mobile whos employees should be properly trained to spot a scam that is several years old.
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The exchange remains focused on addressing the impact on customer funds and ensuring the security and integrity of their platform.
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I thought that my heart would stop, said Matthias Mende, who told Cointelegraph how he felt when he realized he lost $100,000 in crypto assets to a hacker.
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