No Result
View All Result
  • Login
Friday, October 31, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Cryptocurrency

TRON Blames Social Engineering Attack To Hacked X Account

by FeeOnlyNews.com
6 months ago
in Cryptocurrency
Reading Time: 3 mins read
A A
0
TRON Blames Social Engineering Attack To Hacked X Account
Share on FacebookShare on TwitterShare on LInkedIn


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

TRON’s official X account was compromised on May 2, and the team has now confirmed that the attack was due to a social engineering attack. The hackers utilized the account to advertise a contract address and allegedly sent direct messages to users and followed suspicious accounts before TRON took back control.

As reported by TRON DAO, any direct message posted by its X account on May 2 must be disregarded. Users were also instructed to remove any direct message from the same day since this was included in the hacker’s plan to distribute malicious information and engage with unsuspecting users.

Attack Linked To Team Member’s Compromised Account

TRON DAO announced that the attack began with one of its team members becoming a victim of social engineering hack. After the hackers gained access to the team member’s account, they were then able to take control of the blockchain’s master X account. Even after the recovery of access by TRON, the attackers kept contacting others using the hijacked personal account.

We’re aware that our X account was compromised from 9:25 AM PST on May 2, 2025. During this time, an unauthorized party published a post containing a contract address (CA), sent direct messages (DMs), and followed various accounts unknown to us.

Please be reminded: TRON DAO will…

— TRON DAO (@trondao) May 3, 2025

TRON reported that it is currently examining the incident and has identified several X and Telegram addresses of the hackers. The team confirmed that law enforcement officials have been contacted and are now engaged with the case.

TRX market cap currently at $24.4 billion. Chart: TradingView.com

Dispute Between Sun And OKX Over Freeze Request

TRON founder Justin Sun requested that OKX freeze a wallet that was associated with the hack. In a deleted tweet, Sun stated that funds stolen in the hack had been transferred to the exchange and alleged that law enforcement had already sent a freeze notice to OKX’s official channel.

Dear Mr H.E. Justin Sun, we are still waiting for enforcement request document. Thanks for deleting all confusing public communications! https://t.co/JfcFwVKbxT

— Star (@star_okx) May 3, 2025

But OKX CEO Star Xu reacted in public, dismissing that the exchange had received any formal request. He claimed that the legal team of the company scanned all post-mail, including spam folders, and could not find anything.

Image: TRON DAO YouTube channel screenshot

Xu then challenged Sun to produce evidence by posting a screenshot of the request. This public exchange might have compelled Sun to delete his initial post.

TRON Pushes On With Kant Upgrade

In spite of the incident, TRON has been busy on the development front. The network recently rolled out a new version of its Kant mainnet upgrade. The update features a redesign of its contract event system and enhanced API and node performance. These improvements are anticipated to enhance the way the blockchain interacts with Ethereum and make it more secure and efficient in the background.

Though these changes likely won’t go unnoticed by general users, TRON explained that they’re key to long-term development. They said their aim is to enable larger-sized operations and the network to become more robust as a settlement framework.

Featured image from Advance Innovations, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

Tags: AccountAttackblamesEngineeringHackedSocialTron
ShareTweetShare
Previous Post

Was Jim Cramer Right About DuPont de Nemours (DD)?

Next Post

Oil prices plunge after OPEC+ agrees to another production boost (USO:NYSEARCA)

Related Posts

Donald Trump Makes Nice With China, But Why Are The Bitcoin And Ethereum Prices Still Crashing?

Donald Trump Makes Nice With China, But Why Are The Bitcoin And Ethereum Prices Still Crashing?

by FeeOnlyNews.com
October 31, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure U.S. President Donald Trump revealed that he...

Michael Saylor’s Strategy Eyes S&P 500 Spot Amid Bitcoin-Backed Credit Products Launch

Michael Saylor’s Strategy Eyes S&P 500 Spot Amid Bitcoin-Backed Credit Products Launch

by FeeOnlyNews.com
October 31, 2025
0

Michael Saylor’s Strategy is setting its sights on the S&P 500 as it pushes forward with plans to launch Bitcoin-backed...

Are Bitcoin miners becoming AI utilities? The math says yes

Are Bitcoin miners becoming AI utilities? The math says yes

by FeeOnlyNews.com
October 31, 2025
0

Bitcoin’s (BTC) April 2024 halving cut block rewards from 6.25 to 3.125 BTC, compressing the hash price and forcing Bitcoin...

Coinbase Ends Q3 by Beating Street Estimates by 45%, Revenue Hits .86B

Coinbase Ends Q3 by Beating Street Estimates by 45%, Revenue Hits $1.86B

by FeeOnlyNews.com
October 31, 2025
0

Coinbase (Nasdaq: COIN) ended the third quarter of 2025 with $1.50 in earnings per share, beating Wall Street’s expectation of...

Decentralized Crypto Exchange Plans Year-End Debut, Reuters

Decentralized Crypto Exchange Plans Year-End Debut, Reuters

by FeeOnlyNews.com
October 31, 2025
0

dYdX (DYDX), one of the leading decentralized cryptocurrency trading platforms in the industry, is reportedly preparing to enter the US...

Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso

Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso

by FeeOnlyNews.com
October 31, 2025
0

Binance is supercharging crypto’s real-world momentum with a groundbreaking push into Argentina’s digital payments scene, launching instant, fee-free QR crypto...

Next Post
Oil prices plunge after OPEC+ agrees to another production boost (USO:NYSEARCA)

Oil prices plunge after OPEC+ agrees to another production boost (USO:NYSEARCA)

Stocks may snap longest winning streak in 20 years as futures dip while OPEC+ crushes oil prices

Stocks may snap longest winning streak in 20 years as futures dip while OPEC+ crushes oil prices

  • Trending
  • Comments
  • Latest
AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

October 15, 2025
Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

October 14, 2025
Are You Losing Out Because of Medicare Open Enrollment Mistakes?

Are You Losing Out Because of Medicare Open Enrollment Mistakes?

October 13, 2025
Coinbase boosts investment in India’s CoinDCX, valuing exchange at .45B

Coinbase boosts investment in India’s CoinDCX, valuing exchange at $2.45B

October 15, 2025
Government shutdown could drain financial advisor optimism

Government shutdown could drain financial advisor optimism

October 7, 2025
Getting Started: How to Register

Getting Started: How to Register

October 10, 2025
Trust Government Statistics, Not Government

Trust Government Statistics, Not Government

0
Donald Trump Makes Nice With China, But Why Are The Bitcoin And Ethereum Prices Still Crashing?

Donald Trump Makes Nice With China, But Why Are The Bitcoin And Ethereum Prices Still Crashing?

0
Customized financing paths for emerging business models – Investment Watch Blog

Customized financing paths for emerging business models – Investment Watch Blog

0
Getting Started: How to Browse Listings

Getting Started: How to Browse Listings

0
Gov’t plans mortgage relief from tax on bank profits

Gov’t plans mortgage relief from tax on bank profits

0
A Comprehensive Analysis of New Launch vs. Resale Market in Singapore – Investment Watch Blog

A Comprehensive Analysis of New Launch vs. Resale Market in Singapore – Investment Watch Blog

0
Donald Trump Makes Nice With China, But Why Are The Bitcoin And Ethereum Prices Still Crashing?

Donald Trump Makes Nice With China, But Why Are The Bitcoin And Ethereum Prices Still Crashing?

October 31, 2025
Getting Started: How to Browse Listings

Getting Started: How to Browse Listings

October 31, 2025
Tattd gave four TechCrunch writers tattoos at Startup Battlefield

Tattd gave four TechCrunch writers tattoos at Startup Battlefield

October 31, 2025
‘Big Short’ investor Michael Burry is back with a bubble warning after 2 years of silence

‘Big Short’ investor Michael Burry is back with a bubble warning after 2 years of silence

October 31, 2025
Getting Started: Buying Formats and Payments

Getting Started: Buying Formats and Payments

October 31, 2025
Recipes with Rothbard: What Chocolate Cake Can Teach About Economics

Recipes with Rothbard: What Chocolate Cake Can Teach About Economics

October 31, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Donald Trump Makes Nice With China, But Why Are The Bitcoin And Ethereum Prices Still Crashing?
  • Getting Started: How to Browse Listings
  • Tattd gave four TechCrunch writers tattoos at Startup Battlefield
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.