Frax Finance X hacked, CEO suspects ‘inside job’ at Elon Musk's office

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Россия Новости Новости

Frax Finance CEO Sam Kazemian urged users to avoid links from the X compromised account until further notice.

A hacker allegedly gained control of crypto lending platform Frax Finance’s X social media account without accessing or tampering with existing passwords. But how?

Users reported that X takes roughly 72 hours to address complaints related to compromised accounts. The process involves raising a support request with a linked email address and going through a back-and-forth that involves submitting additional information as directed.While Elon Musk’s X suggests changing passwords during account compromises, Kazemian alleged that the passwords were not tampered with and asserted that no issues within Frax Finance could have contributed to the breach.

More than 48 hours after the hack, Frax Finance, Kazemian, or X representatives have provided no new updates regarding the account’s recovery. Consequently, the CEO’s recommendation to avoid all website links shared from the compromised X accounts remains in effect at the time of writing.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 562. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

New Thai finance minister has chance to improve strained central bank ties, says ex-Finance MinisterNew Thai finance minister has chance to improve strained central bank ties, says ex-Finance Minister
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »

Beyond Banking Apps: How Embedded Finance Is Reshaping FinanceIvo Gueorguiev, co-founder at Paynetics. Read Ivo Gueorguiev's full executive profile here.
Источник: ForbesTech - 🏆 318. / 59 Прочитайте больше »

Nirvana Finance founder recounts the ‘worst day’ of his lifeAlex Hoffman, the founder of Nirvana Finance, comes forward, sharing the pain he faced for 17 months before discovering the hacker behind the $3.5 million flash loan exploit.
Источник: Cointelegraph - 🏆 562. / 51 Прочитайте больше »