Tellor's Twitter Account Compromised, Harmful Phishing Links Uploaded

Security watchdog PeckShield recently expressed concerns about the breach involving the Tellor oracle project X account, which functions under the name @WeAreTellor , fell victim to hackers who posted malicious phishing links.

Tellor, known for providing a decentralized and permissionless oracle service that delivers essential data to smart contracts, is currently grappling with a breach affecting its social media presence. Operating as a decentralized protocol, it leverages a community of data providers and validators who collaborate to verify and maintain data integrity.

The Tellor team has yet to release an official statement regarding the latest security incident.

#PeckShieldAlert The X account of Tellor (formerly known as Twitter) @WeAreTellor ) has been hacked pic.twitter.com/WwP9GSdMCe

— PeckShieldAlert (@PeckShieldAlert) November 3, 2023

The cybersecurity event affecting Tellor's X account is part of a troubling trend of hacking incidents within the crypto sector. These episodes underscore the vulnerabilities that even established entities face.

Celebrity and Finance Platforms Under Attack

The recent breach involving a well-known American rapper serves as a critical warning about the unyielding attempts by cybercriminals to take advantage of social media. Their account was hijacked to advertise a fake Web3 phishing site, leading to its suspension. Nelly’s Twitter account These events reveal the inherent dangers associated with high-profile accounts, which wield significant influence over large audiences—making them prime targets for cyberattacks related to blockchain.

fell victim to an advanced DNS domain takeover—a type of cyberattack becoming more common, where hackers utilize social engineering tactics to reroute traffic from legitimate sites to malicious ones.

Domain Takeover Tactics

Similarly, uk The rapid action from Frax Finance, alerting users to avoid compromised links, was essential in mitigating possible losses. Fortunately, swift intervention from Name.com rectified the domains to their proper settings while initiating a comprehensive investigation into the breach.

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