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Tron says DAO X hack cost victims $45K, Curve Finance also hit

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Tron DAO and Curve Finance have become the latest victims in a series of high-profile social media account takeovers, with their official X (formerly Twitter) accounts compromised by scammers.

On May 2, Tron DAO’s X account was hijacked, leading to unauthorized posts and direct messages soliciting payments in exchange for promotional advertising. The attackers reportedly posted a contract address and engaged with users to extract funds, resulting in approximately $45,000 in losses. Tron DAO’s security team quickly identified the breach and regained control, attributing the incident to a social engineering attack targeting a team member. The organization is collaborating with law enforcement to investigate the matter.

Similarly, on May 5, Curve Finance’s X account was compromised. The attackers posted a fraudulent announcement about a CRV token airdrop, directing users to a malicious link. Curve Finance founder Michael Egorov confirmed the breach, noting that the control over the X account was silently taken by someone. The team has since regained access with assistance from cybersecurity group SEAL. The method of the hack remains unclear, with no signs of client-side compromise.

These incidents underscore the growing threat of social media account takeovers in the cryptocurrency space, emphasizing the need for heightened security measures and user vigilance.

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