Robinhood Hackers Steal $8,200 in BNB Tokens, Prompting Security Warning
admin, · Kategorien: Allgemein• Hackers broke into Robinhood’s social media accounts to promote a fraudulent coin called RBH on the Binance Smart Chain.
• An analysis of the token reveals that creator and tokenomics information are missing and the hackers were able to extract around $8,200 worth of BNB tokens.
• Binance CEO Changpeng Zhao revealed that the account in question had been suspended after the incident.
On Wednesday, hackers broke through the social media accounts of Robinhood, a prominent US online trading platform, to peddle a fraudulent coin. The coin, dubbed RBH, had been released on the Binance Smart Chain, with an initial price of $0.005. An analysis by internet inspector ZackXBT revealed that creator and tokenomics information of the coin were missing.
The hackers had also posted on the platform’s Instagram and Facebook accounts, allowing them to extract around $8,200 worth of BNB tokens. Following the incident, Binance CEO Changpeng Zhao announced on Twitter that the account in question had been suspended. A representative from Robinhood revealed that they suspected a third-party vendor was responsible for the breach.
Fortunately, the Robinhood team acted quickly, removing the unauthorized posts within minutes. However, approximately 10 people managed to purchase around $1,000 worth of the fake coin RBH before the posts were taken down. The incident has sparked a discussion about the need for better security measures to prevent similar attacks from occurring in the future.
As the cryptocurrency industry is growing, security is becoming increasingly important. Many exchanges have already implemented measures such as two-factor authentication and other protective protocols to help ensure the safety of users’ funds. However, the Robinhood hack proves that more needs to be done in order to keep malicious actors from exploiting vulnerable platforms.
It is unclear if the hackers responsible for this attack will be identified and brought to justice. However, this incident serves as a stark reminder of the importance of security in the cryptocurrency space. It is essential to take steps to protect yourself, such as using strong passwords and never sharing your private keys with anyone. By following these basic security guidelines, you can help ensure that your funds remain safe.