Twitter Bitcoin hack explained: What exactly happened during the hack?

Official accounts of prominent celebrities like Elon Musk, Barack Obama, Bill Gates, Kim Kardashian and various ors were hacked to promote a bitcoin scam. During hack, some of cryptocurrency websites were also affected. As of w, re hasn't been any concrete information as to who was behind this torious cryptocurrency scam. support p of Twitter has come forward and shared that y have locked accounts that were compromised and will restore m only when y are certain about its security. 

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Twitter Bitcoin scam explained

hack came to light when tweets requesting donations in cryptocurrency by prominent personalities like Barack Obama, Elon Musk and Bill Gates started doing rounds on platform. tweets urged users to donate in Bitcoins with a promise to receive double in return. As per reports, over $100,000 in Bitcoins have been scammed from users during this hack. re are details as to how many came forward and donated in Bitcoins. 

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Official accounts of tech companies like Apple and Uber also fell prey to hack whereas Mike Bloomberg and boxer Floyd Maywear were some of or personalities who were targetted. social media platform later came forward and dressed situation and restricted ability to tweet or reset password for some users in order to stop hack from increasing furrmore. restrictions were later removed when Twitter anunced that it has detected a coordinated social engineering attack by hackers who initially targetted employees of company who h access to sensitive data like internal systems and tools. 

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As per reports, hacker or group of hackers responsible first gained access to Twitter's company network which allowed m to infiltrate accounts of famous personalities. It is expected that over 300 transactions took place during time of hack. Reports claim that information related to Twitter min tool comes from people having direct kwledge of framework, possibly, an employee of Twitter itself. Though, company has t come forward and revealed same. It is expected that Twitter's support group will provide detailed information about Bitcoin scam hack soon. 

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