Main navigation

Ethereum Founder Addresses X Hacking Incident

Tue, 09/12/2023 - 05:29
article image
Alex Dovbnya
Ethereum co-founder Vitalik Buterin has publicly addressed the recent hacking of his X account
Ethereum Founder Addresses X Hacking Incident
Cover image via
Read U.TODAY on
Google News

Vitalik Buterin, the co-founder of Ethereum, has recently addressed the security breach that led to unauthorized access to his X account—formerly known as Twitter. 

The incident, which saw phishing links posted to Buterin's X account, has reignited debates around cybersecurity measures. 

Buterin's security fumble 

As reported by U.Today, hackers gained unauthorized entry into Buterin's X account and posted phishing links, with the apparent goal of scamming his followers. 

The malicious actors utilized a deceptive "commemorative" non-fungible token (NFT) scheme, leading to multiple NFTs being stolen according to social media reports. 

The hacking incident elicited a wide range of reactions online, ranging from memes to serious discussions about the vulnerability of even tech-savvy individuals to cyber threats. Prior to Buterin's explanation, it was speculated that the hackers exploited a SIM swap vulnerability to gain access to his account.

SIM swaps and cyber traps 

Buterin has since regained control of his T-Mobile account and clarified the situation via his X account. He confirmed that the hacking was due to a SIM swap attack, stating that someone "socially engineered" T-Mobile itself to gain access to his phone number. 

XRP Volume Skyrockets by 176% as Price Attempts to Recover

Buterin also shared a cautionary note on the vulnerability of phone numbers as an authentication method. He mentioned that even if a phone number is not used for two-factor authentication (2FA), it can still be exploited for password resetting on X. In hindsight, Buterin acknowledged that he had been advised against using phone numbers for authentication but did not heed the warning until this incident.

The hack has prompted Buterin to transition to "farcaster," a platform where account recovery is tied to Ethereum addresses, thus offering enhanced security. 

Buterin has moved to a more secure platform, but the incident serves as a cautionary tale for both public figures and average users in the crypto community. 

article image
About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at