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International Business Times
International Business Times
Business
Marvie Basilan

Crypto Wallet Hardware Provider Trezor's X Account Hacked For Fake Token Presale

Threat actors in the cryptocurrency realm have been evolving their methods in recent years, now targeting official X handles of companies that offer crypto-related services. (Credit: Bybit/flickr.com)

KEY POINTS

  • ZachXBT said the hackers stole only a little over $8,000 in the breach
  • Some users said the latest hacking incident raises concerns about X's security systems
  • Aside from Trezor, Beoble and MicroStrategy were the latest X hack victims

The X (formerly Twitter) account of cryptocurrency cold storage wallets provider Trezor has been compromised, the crypto firm confirmed after prominent blockchain security researcher ZachXBT flagged a post made by the account that promoted a fake token presale.

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