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Code4arena X account compromised, used for Paradigm endorsed phishing scam

A smart contract security marketplace Code4arena appears to be the latest victim of a SIM swap attack on X. An X account for Code4 arena , a smart contract auditing platform, was compromised allowing a hacker to publish a scam post luring people to believe an airdrop was endorsed by a venture capital firm. In an X post that appeared on Nov. 27, 2023 the hacker published a post announcing an airdrop of ARENA tokens endorsed by Paradigm, a San Francisco-based crypto venture capital investment firm. Code4Arena twitter got hacked Do not click any links pic.twitter.com/yIoRGascQt — Defenders Dao (@defendersdao) November 28, 2023 The scale of the hack is not immediately clear as no public statements from Code4arena have been made so far. According to external reports, however, the incident was the result of a SIM-swap attack. At the time of writing, the post is deleted, but crypto.news was able to independently verify the authenticity of the original post. You might als...

X account of Ethereum L2 Loopring hacked by phishers

Loopring’s X account remained compromised at press time, with the exploiters publishing multiple malicious links promoting a fake LRC airdrop. The X page of Ethereum layer-2 network Loopring was compromised on Nov. 20, allowing phishing scammers to publish at least 10 tweets containing harmful links to an illegitimate airdrop for LRC, the project’s native token.  According to blockchain security firm CertiK, the links redirected users to a known wallet drainer connected to other phishing campaigns. The exploit lasted all day and the Loopring team was yet to regain control of their account as of press time.  It’s unknown if LRC users or would-be airdrop claimants have suffered any losses. Loopring had over $98 million in total value locked when the project’s X account was hijacked, DefiLlama data showed. #CertiKSkynetAlert @loopringorg X account has been compromised and is posting phishing links The sites posted contain a known wallet drainer. Multiple phishing ...

Why My Opensea account was suddenly blocked due to U.S. sanctions?

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Author | Cats Editor | Coin Wu Blocking Process On August 20th, while logging into Opensea to check the NFT market, I found that I couldn’t access my account . It displayed that the account had been banned due to activities violating their terms of service, making it impossible to use Opensea to buy, sell, or transfer. Since I hadn’t used Opensea to purchase NFTs or engage in related activities for several months, I sent an email to Opensea asking for the specific reason for the ban. Opensea’s explanation was that it was in violation of U.S. government-imposed sanctions , and as a U.S. company, Opensea needs to comply with the U.S. sanctions program managed by the Office of Foreign Assets Control (OFAC) of the U.S. Treasury Department. Possible Reason First, I checked the SDN sanctions list published by OFAC according to Opensea’s statement, and I did not find my name on that list. Then, by reviewing Twitter and my own transaction records, I speculated that the ban might have been ca...

Craig Wright claims no bank account but uses credit card for $38K living costs

In an ongoing court case, self-proclaimed Bitcoin creator Craig Wright filed an attestation claiming that he earns $13,250 in monthly income yet spends over $38,000 on living expenses. This is in spite of his claim — on that same legal form — to owning no real estate, having no bank account, and living with his unemployed wife. US Magistrate Judge Bruce Reinhart previously ordered Wright to fill out Form 1.977 in Florida Southern District court. Wright didn’t disclose any bitcoin holdings. He said that his monthly expenses were partially paid via an American Express credit card, yet he didn’t explain how he could be paying off that credit card without any bank account. As reported by Law360, attorney Andrew Brenner, who represents W&K Info Defense Research LLC in the court case, said the filing made no sense. In his view, Wright is attempting to obscure his assets .  He floated the idea that Wright might be selling bitcoin to make up the difference between his monthl...