Crypto Twitter members quickly identified and warned others against a scam being pushed by the Uniswap founder hayden adams' Account compromised.
The "Web3 Security Alerts" channel on Telegram notified followers that Adams' Twitter account had been compromised on July 20. The Uniswap founder and CEO's account posted a tweet to his more than 254,000 followers falsely claiming that the platform's Permit2 contract had been "affected by an unknown exploit" and that users' tokens were at risk, encouraging them to click on a malicious link.
The first scam tweet was only up for a few minutes before it was removed, but several nearly identical tweets were posted as well. At press time, many were still visible to Twitter users. Web3 Security Alerts reported that Adams had also been banned from his MetaMask and Coinbase Wallet accounts.
.@haydenzadamsThe Twitter account has been hacked. Please do not click on any links. There are no giveaways, airdrops or rewards. The Protocol has not been hacked or exploited.
We will notify you when the problem is resolved.
— Uniswap Laboratories (@Uniswap) July 20, 2023
Related: $656M Lost to Crypto Hacks, Scams, and Carpet Thefts in H1 2023: Report
Bad actors using social media platforms to try to scam users out of crypto assets or fiat money are nothing new, but those behind the companies have tried to reduce the number and frequency of scams. Twitter CEO Elon Musk announced on july 1 the platform would be temporarily limiting the number of posts users will be able to read daily in an effort to "detect and remove bots and other bad actors."
On July 6, social networking firm Meta launched Threads, a microblogging application that is expected to rival Twitter. Although the platform reached more than 100 million users in a matter of days, scammers promote fake non-fungible token projects and posing as other Crypto Twitter personalities have already appeared.
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