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Hackers Compromise Uniswap Founder’s Twitter Account to Promote Scam

Members of Crypto Twitter shortly recognized and warned others towards the rip-off being perpetrated by the compromised account of Uniswap founder Hayden Adams.

A Web3 Safety Alert channel on Telegram knowledgeable followers that Adams’ Twitter account had been compromised on 20 July. The account of Uniswap’s founder and CEO launched a tweet to its greater than 254,000 followers falsely claiming that the platform’s Allow 2 contract was “affected by one”. unknown exploit” and customers’ tokens have been in danger, encouraging them to click on on malicious hyperlinks.

A July 20 tweet was despatched by hackers from the Twitter account of Uniswap founder Hayden Adams. Supply: Twitter.

The primary rip-off tweet was solely dwell for a couple of minutes earlier than it was deleted, however a number of almost similar tweets have been posted as nicely. On the time of publication, many have been nonetheless viewable to Twitter customers. Web3 Safety Alert reported that Adams was additionally blocked from accounts with MetaMask and Coinbase Pockets.

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Unhealthy actors utilizing social media platforms to attempt to defraud customers out of crypto belongings or fiat is nothing new, however the folks behind the corporations have tried to cut back their quantity and frequency. Twitter govt chairman Elon Musk introduced on July 1 that the platform can be briefly shut down. Limited Customers will likely be allowed day by day reads in an effort to “detect and remove bots and different dangerous actors”.

On July 6, social media agency Meta launched Threads, a microblogging app to compete with Twitter. Though the platform reached over 100 million customers in just some days, scammers selling pretend non-fungible token tasks and impersonating different crypto Twitter personalities have already surfaced.

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