Curve Finance X Account Hacked, Here’s What We Know
The post Curve Finance X Account Hacked, Here’s What We Know appeared on BitcoinEthereumNews.com. The X account of Curve Finance, a popular stablecoin lending platform, is the latest to face a hack which was used to promote fake CRV airdrops. In the now-deleted X post, the hackers urged users to register before a snapshot scheduled for Sunday to become eligible for the airdrop. Curve Finance X Account Hack Confirmed In the X post, the hackers shared a link to Curve’s official website. However, Curve Finance founder Michael Egorov quickly confirmed the compromise of the platform’s X account. He noted that the post did not come from his team and added that the hack only occurred on the X account. He urged his followers not to click on any link the official Curve X account shares until the team regains control. Crypto influencer CrediBULL Crypto also confirmed the hack, spotlighting the post from the Curve Finance founder. He urged users not to submit their details on the post. Such disclosures are mandated on social media platform X, and prominent personalities and brands frequently fall victim to crypto scammers. Earlier in March, Ripple CTO David Schwartz flagged a suspicious post on John Deaton’s profile over a promotional tweet. The Curve Finance team has yet to provide details about how the attacker gained access to the X account. However, as Egorov claimed, the breach appears to be limited to just the X account. CRV Tokens Spikes, What Happened? Despite the potential breach, the protocol’s native token has seen an impressive price surge. CRV token prices have experienced a substantial surge on the daily chart. In the last 24 hours, CRV price rose 1.9% to trade at $0.7. The daily trading volume increased by 39% to $124.3 million, demonstrating a rising market activity. Prominent market analyst The Mental Trader had earlier forecasted that CRV could hit $3, citing…
The post Curve Finance X Account Hacked, Here’s What We Know appeared on BitcoinEthereumNews.com.
The X account of Curve Finance, a popular stablecoin lending platform, is the latest to face a hack which was used to promote fake CRV airdrops. In the now-deleted X post, the hackers urged users to register before a snapshot scheduled for Sunday to become eligible for the airdrop. Curve Finance X Account Hack Confirmed In the X post, the hackers shared a link to Curve’s official website. However, Curve Finance founder Michael Egorov quickly confirmed the compromise of the platform’s X account. He noted that the post did not come from his team and added that the hack only occurred on the X account. He urged his followers not to click on any link the official Curve X account shares until the team regains control. Crypto influencer CrediBULL Crypto also confirmed the hack, spotlighting the post from the Curve Finance founder. He urged users not to submit their details on the post. Such disclosures are mandated on social media platform X, and prominent personalities and brands frequently fall victim to crypto scammers. Earlier in March, Ripple CTO David Schwartz flagged a suspicious post on John Deaton’s profile over a promotional tweet. The Curve Finance team has yet to provide details about how the attacker gained access to the X account. However, as Egorov claimed, the breach appears to be limited to just the X account. CRV Tokens Spikes, What Happened? Despite the potential breach, the protocol’s native token has seen an impressive price surge. CRV token prices have experienced a substantial surge on the daily chart. In the last 24 hours, CRV price rose 1.9% to trade at $0.7. The daily trading volume increased by 39% to $124.3 million, demonstrating a rising market activity. Prominent market analyst The Mental Trader had earlier forecasted that CRV could hit $3, citing…
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