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Author Topic: I found out from Twitter.  (Read 443 times)
BestEarningTips (OP)
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July 18, 2020, 03:35:19 PM
 #1

Recently, i know Binance CEO, Changpend Zhao has recently criticised the security of Twitter after the recent coordinated attack on prominent accounts. He has said this on the World Blockchain Summit Asia which took place on Thursday 16 July. This attack on Twitter has targeted several prominent crypto exchanges including Coinbase, Binance and many others. Along with this, it has attacked some of the most famous personalities of the U.S. Barack Obama, Bill Gates, Elon Musk and many others. The hackers were posting tweets from these accounts and have been offering a fake crypto giveaway.

What's your opinion?
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July 18, 2020, 03:43:20 PM
 #2

Recently, i know Binance CEO, Changpend Zhao has recently criticised the security of Twitter after the recent coordinated attack on prominent accounts. He has said this on the World Blockchain Summit Asia which took place on Thursday 16 July. This attack on Twitter has targeted several prominent crypto exchanges including Coinbase, Binance and many others. Along with this, it has attacked some of the most famous personalities of the U.S. Barack Obama, Bill Gates, Elon Musk and many others. The hackers were posting tweets from these accounts and have been offering a fake crypto giveaway.

What's your opinion?

What kind of opinion you want?

Obviously, it's not their fault and it 100% the blame on Twitter itself. And nobody cares if crypto is being used, the market didn't moved an inch, indicating that they know who the real culprit and they can't blame it everything on crypto.

But for those who fall for this trick then it's a big and expensive lesson for them. Although it is really hard to understand what's really going on until it was too late.

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July 18, 2020, 03:47:40 PM
 #3

Does he realize it is pointless to complain? Binance was hacked too.

"A chain system is only as strong as the weakest link."

I don't remember him being so vocal when people's passport scans were stolen.


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July 18, 2020, 03:47:48 PM
 #4

At least on the part of twitter, they really did their best to stop this madness that's why the scammers was able to get just over $100k, but just imagine it went for a bit further, he could have make millions in just short amount of time.

Volatility remains low though, it means that crypto world doesn't give a s**t about this incident. Nobody cares really because crypto is just the tool here, the bridge being used by criminals.

 
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July 19, 2020, 06:37:33 AM
 #5

Yes, it was all over the news. Many people send their money into those addresses in greed and hacked stole 12 BTC. I wonder why people judge something without questioning it. They should think why Barak Obama will make a giveaway! Even he is not a businessman. I think some greedy people gets what they actually deserve. Next time they won't do this kind of stupidity.
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July 19, 2020, 06:41:27 AM
 #6

Twitter indeed do their best to investigate on the matter. They even release their own statement about the incident and a report. I think CZ feels dissapointed on behalf of victims of this scam. Also those account that has been compromized are all possibly scared that hackers coult tapped their sensitive information on their own accounts.

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July 19, 2020, 06:43:41 AM
 #7

Recently, i know Binance CEO, Changpend Zhao has recently criticised the security of Twitter after the recent coordinated attack on prominent accounts. He has said this on the World Blockchain Summit Asia which took place on Thursday 16 July. This attack on Twitter has targeted several prominent crypto exchanges including Coinbase, Binance and many others. Along with this, it has attacked some of the most famous personalities of the U.S. Barack Obama, Bill Gates, Elon Musk and many others. The hackers were posting tweets from these accounts and have been offering a fake crypto giveaway.

What's your opinion?
What opinion? Obviously this is a twitter security bug, and it has no effect on the cryptocurrency market. And this security bug will cause twitter to have big problems with the privacy of users' information
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July 19, 2020, 06:50:01 AM
 #8

Recently, i know Binance CEO, Changpend Zhao has recently criticised the security of Twitter after the recent coordinated attack on prominent accounts. He has said this on the World Blockchain Summit Asia which took place on Thursday 16 July. This attack on Twitter has targeted several prominent crypto exchanges including Coinbase, Binance and many others. Along with this, it has attacked some of the most famous personalities of the U.S. Barack Obama, Bill Gates, Elon Musk and many others. The hackers were posting tweets from these accounts and have been offering a fake crypto giveaway.

What's your opinion?
Hacks can happen at anytime and anwhere so everyone should be prepared for it and once it happens they need to face the consequences as well which is criticism from victims and competitors but here media is saying bitcoin is the scam not talking anything about the hacks that is why CZ talked in that way to make people realise the reality.
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July 19, 2020, 07:38:35 AM
 #9

In the digital world getting hacked is becoming quite normal these days lol. At least twitter did come forward and shared with us how they were hacked otherwise I have seen some sites which gave no explanation about the hack. Also, IMO they did manage to quickly fix the issue that led to the event.

Even binance was hacked couple of time i guess but yes this time money loss was big.




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July 19, 2020, 07:41:15 AM
 #10

Recently, i know Binance CEO, Changpend Zhao has recently criticised the security of Twitter after the recent coordinated attack on prominent accounts. He has said this on the World Blockchain Summit Asia which took place on Thursday 16 July. This attack on Twitter has targeted several prominent crypto exchanges including Coinbase, Binance and many others. Along with this, it has attacked some of the most famous personalities of the U.S. Barack Obama, Bill Gates, Elon Musk and many others. The hackers were posting tweets from these accounts and have been offering a fake crypto giveaway.

What's your opinion?
DId know that the reputation of crypto has already become the worst social media platform since a long time ago? FB has a better security than twitter. So many times the hacked cases happened with twitter account and that's normal to see chengpeng zao has been critizing it.

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July 19, 2020, 09:55:56 AM
 #11

He can say that because he's also a victim and the backdoor was the fault of twitter so I'm sure that Twitter will take all of the critics' word and admits their fault. I think this will tend to CZ think of reinventing something like Twitter and will make his own move to make that platform better. But if not, it's just about learning a lesson on Twitter's side and they have to strengthen their security and as much as they can, they should also invest to higher bounties for Cyber Security experts.

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July 19, 2020, 10:18:56 AM
 #12

I would say nobody is above mistake but we have to always be caution towards our products especially the security aspect of it if you have prominent or thousands of people using it. Twitter is being used by many users and prominent people especially uses it most. The hack really put while lots of people in trouble but in life let's know what people can do, no prominent person would ever tell you to pay a certain amount to recieve double. These are terms and tones of scammers. It's quite unfortunate it happened and my sympathy to those affected.
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July 19, 2020, 10:34:28 AM
 #13

He can say that because he's also a victim and the backdoor was the fault of twitter so I'm sure that Twitter will take all of the critics' word and admits their fault. I think this will tend to CZ think of reinventing something like Twitter and will make his own move to make that platform better. But if not, it's just about learning a lesson on Twitter's side and they have to strengthen their security and as much as they can, they should also invest to higher bounties for Cyber Security experts.
The hack just happened with the help of someone inside the twitter itself so I think they need to improve the administration access controls to the most trusted persons not just to everyone who is working there.And also I didn't found the twitter took all the critics here they remain silent to be honest that is why there is lot of different side discussion going on about these hacks.
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July 19, 2020, 11:27:33 AM
 #14

What opinion? Obviously this is a twitter security bug, and it has no effect on the cryptocurrency market. And this security bug will cause twitter to have big problems with the privacy of users' information
Yes, obviously, the Twitter security BUG has nothing to do with Crypto even though all crypto players have a Twitter account and it must be taken care of so that they are not affected by hackers who have appeared in the past few days.
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July 19, 2020, 11:28:26 AM
 #15

It's very surprising when the Twitter account of binance and world leaders have been hacked, but in my opinion, it has no impact on the cryptocurrency market because it doesn't reduce the cryptocurrency assets in the slightest.

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July 19, 2020, 11:30:49 AM
 #16

Recently, i know Binance CEO, Changpend Zhao has recently criticised the security of Twitter after the recent coordinated attack on prominent accounts. He has said this on the World Blockchain Summit Asia which took place on Thursday 16 July. This attack on Twitter has targeted several prominent crypto exchanges including Coinbase, Binance and many others. Along with this, it has attacked some of the most famous personalities of the U.S. Barack Obama, Bill Gates, Elon Musk and many others. The hackers were posting tweets from these accounts and have been offering a fake crypto giveaway.

What's your opinion?

Twitter screwed big time. They must endure the criticism. This is why we need more resilient social media like that don't store everyone's password on a centralized storage.
Think of it, they need to hack the entire twitter users just to get a few BTC, lolz. That's how secure BTC is.
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July 19, 2020, 11:43:15 AM
 #17

Recently, i know Binance CEO, Changpend Zhao has recently criticised the security of Twitter after the recent coordinated attack on prominent accounts. He has said this on the World Blockchain Summit Asia which took place on Thursday 16 July. This attack on Twitter has targeted several prominent crypto exchanges including Coinbase, Binance and many others. Along with this, it has attacked some of the most famous personalities of the U.S. Barack Obama, Bill Gates, Elon Musk and many others. The hackers were posting tweets from these accounts and have been offering a fake crypto giveaway.

What's your opinion?

He has the right and the privilege to criticize for the weak security of Twitter, Binance which he managed has a huge stake in the industry being the number one exchange in the market, whenever there is a hacking of exchange or a crash in the market exchanges also suffers. we can say that the hackers wants to promote crypto giveaways because of the personalities they've hacked.

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July 19, 2020, 11:47:36 AM
 #18

It's very surprising when the Twitter account of binance and world leaders have been hacked, but in my opinion, it has no impact on the cryptocurrency market because it doesn't reduce the cryptocurrency assets in the slightest.
Obviously it has no impact on the cryptocurrency market, even after this twitter attack I believe there will be more people who know this market. Even prices may rise in the near future as more new investors enter the market

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July 19, 2020, 11:49:13 AM
 #19

This incident is one of the pointer to the fact that no one is above hacking. The just need to increase their security measures and tighten it up more than before.

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July 19, 2020, 11:52:02 AM
 #20

Is it only Twitter that has experienced this?, Twitter is wrong in handling security but it can always happen in all fields. This does not affect the crypto market completely different from a few years before when bad news about crypto would greatly affect the market but not anymore.

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