The early morning non-custodial Bitcoin wallet, Ordinals Wallet X account, was recently hacked after the hackers started posting phishing tweets. The Ordinals Wallet account was created by Randy. The phishing tweet posted said: “It’s finally here. The $ORDI token is now officially live. All Ordinals Wallet users are eligible to claim a piece of $ORDI’s initial supply. Holding $ORDI will grant access to all of our future beta programs.” The hackers even added a fake link to the tweet, luring unsuspecting users into clicking to ‘claim’ the tokens.
Phishing is being used widely by cyber-criminals as an attempt to authorise malicious applications in their scheme. In fact, reported phishing attacks surged in September, and phishing website Scam Sniffer highlighted that 10,800 were impacted just in one month alone, with the month’s peak leading to an economic loss of around 32.53 million dollars in weth.
Even after Randy’s warning against trusting these tweets, other cryptocurrencies have become easy targets due to weak defences as well, evidenced by a similar reported hack within the same period wherein hackers siphoned of 35 million dollars’ worth of fwadeth and traded the currency, influencing fwdeth’s fall in value considerably. Thus, it indicates that stronger online security measure are imperative to block such instances and protect virtual wallets against such risks.
Source: @ordinalswallet
