Tron DAO and Curve Finance recently suffered X account hacks, resulting in $45,000 lost due to scams. Tron DAO’s account was hijacked on May 2, while Curve Finance faced a takeover on May 5. Both companies managed to reclaim their accounts, stressing the urgent need for users to remain vigilant against phishing attempts and suspicious activities in the crypto space.
In recent days, both Tron DAO and Curve Finance have reported significant breaches involving their X accounts, leading to serious financial losses. Tron DAO confirmed that scammers successfully siphoned off nearly $45,000 due to a compromised social media presence.
The incident at Tron DAO unfolded on May 2, when hackers took control of its official X account. The intruders quickly posted a fraudulent contract address, enticing users to send payments via direct messages. Thankfully, the company acted fast, managing to recover control of its account. However, this didn’t stop the scammers from persistently messaging users, offering sponsored posts in exchange for uninformed payments.
Tron later addressed the security breach in a follow-up post on May 3, reiterating the details of the attack and laying bare the company’s efforts to secure its community’s safety. Meanwhile, tensions are mounting in the crypto world, particularly as founder Justin Sun has been embroiled in a dispute concerning allegedly frozen funds with OKX.
Not to be outdone, Curve Finance faced a similar predicament just a few days later, on May 5. Their X account suffered a takeover by attackers who spread a phishing link, claiming to give out fake CRV tokens through an airdrop scheme. The founder, Michael Egorov, swiftly confirmed the attack was indeed a scam, clarifying that no internal user data or systems were compromised. The company managed to reclaim its account with assistance from the cybersecurity team SEAL, as they detailed in an official X post.
There’s still uncertainty regarding how these attackers managed to seize control of Curve’s account, as current investigations indicate no client-side breaches. This situation echoes a broader pattern of high-profile account hacks, which have become alarmingly common in recent weeks.
Notable victims of this wave of account takeovers include not only Tron’s and Curve’s representatives but also UK MP Lucy Powell, Kaito AI’s Yu Hu, and memecoin project Pump.fun. Many scammers have used these accounts to promote harmful cryptocurrencies or dubious airdrop schemes, with some dire consequences for uninformed users.
All this serves as a harsh reminder of the necessity for diligence in the crypto space. Users and project teams should be particularly wary, as current hacking tactics blend social engineering with sophisticated phishing schemes. Always verify the authenticity of posts and refrain from responding to unsolicited direct messages. It’s crucial to avoid sending funds to any addresses without direct communication from official sources—safety in the crypto world demands vigilance, more than ever before.
